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.
2-bedroom, 2-bathroom apartment of 98 m², built in 2006, energy rating D. Located on rua Padre Brito, 70, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment offers a Jacuzzi in the suite's bathroom and is situated in a gated community featuring a playground, ideal for families in a tranquil environment.
The valuation. The asking price of €299,000 exceeds the fair value of €200,205 by €98,795, or 33.0%. This property is overpriced and does not offer a sound investment opportunity at this price point.
Fair value modelled at €200,205 from the area baseline, adjusted for condition and location. Asking €299,000 sits €98,795 (33.0%) above — overpriced versus fair value.
Asking €299,000 versus the rua Padre Brito, 70 area baseline of €327,320 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 73 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Padre Brito, 70
Area baseline €327,320 + condition +€1,991 + location +€16,032 = modelled fair value of €200,205 (€2,043/m²), a €98,795 (33.0%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Brito, 70 | Subject | €299,000 | €3,051 | — | 73 | 72 |
| rua Machado dos Santos, 330 | Active | €289,900 | €3,020 | 1.0% | 75 | 68 |
| rua Estamparia de Lavadores, 491 | Active | €275,000 | €2,865 | 6.1% | 75 | 73 |
| Canidelo · 9374ae | Active | €310,000 | €3,039 | 0.4% | 75 | 73 |
| Madalena · 4202c3 | Active | €279,900 | €2,499 | 18.1% | 75 | 70 |
| Median comp | €284,900 | €2,943 | 3.6% | 75 | 72 |
Long-term rental This property, priced at €299,000, is 33% above its fair value of €200,205, indicating a potential risk in achieving projected returns. With a gross yield of 4.2% and a neighborhood rating of 72/100, long-term rental may not provide the best investment proposition in this overvalued market. Family rental The apartment's listing price far exceeds its fair value, making it a less favorable option for families seeking rental accommodations. Despite a commendable condition score of 76/100, the property remains overpriced, which could deter potential long-term tenants from making a commitment. Buy-and-hold While the property could attract long-term appreciation, its current asking price reflects a significant overvaluation at 33% above fair value. Investors may find the buy-and-hold strategy less advantageous due to the high entry cost associated with this overpriced asset.
Moderate market fluctuations The economic and tenant stability scores of 70/100 indicate that there may be moderate fluctuations in rental income and property value over time, potentially impacting investment returns.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
