This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 3-bathroom apartment of 230 m², built in 2020, energy rating A. Located on avenida Afonso de Albuquerque, 240, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment boasts expansive balconies that seamlessly connect the living spaces with breathtaking panoramic views of the Douro River and Porto's historic center. Location Advantage: Nestled near Afurada Marina, it offers easy access to cosmopolitan amenities and natural beauty.
The valuation. The asking price of €850,000 is significantly above the fair value of €499,077, representing an overpricing of €350,923 (41.3%). This indicates that the property is not aligned with its true market worth.
Fair value modelled at €499,077 from the area baseline, adjusted for condition and location. Asking €850,000 sits €350,923 (41.3%) above — overpriced versus fair value.
Asking €850,000 versus the avenida Afonso de Albuquerque, 240 area baseline of €427,570 (€1,859/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 88/100 (Condition 90 · Materials 87 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida Afonso de Albuquerque, 240
Area baseline €427,570 + condition +€28,750 + location +€42,757 = modelled fair value of €499,077 (€2,170/m²), a €350,923 (41.3%) gap versus the €850,000 asking price.
Long-term rental While the property’s condition rating of 88/100 suggests it is well-maintained, being priced at €850,000 is a significant 41.3% above the fair value of €499,077. This disparity ultimately limits long-term rental potential, especially given the gross yield of only 4%. Family rental The favorable location near Porto offers strong employment opportunities, yet the 41.3% gap over fair value makes this property less appealing for family rentals. Families seeking quality housing may be deterred by the €850,000 price point, which does not align with the fair market conditions. Buy-and-hold Investing in this property as a buy-and-hold strategy is compromised by the 41.3% overvaluation at €850,000 compared to a fair value of €499,077. Although there is potential for appreciation due to the neighborhood’s low crime rates and overall appeal, the current pricing renders the strategy less effective given the gross yield of 4%.
Economic Sensitivity Economic downturns could adversely affect tenant stability given the area's economic stability score of 80/100, which while decent, indicates potential vulnerability to market fluctuations.
