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, 2-bathroom penthouse of 150 m², built in 2024, energy rating A. Located on rua Calisto, Canidelo parish, Vila Nova de Gaia municipality, Porto district. This penthouse features a spacious terrace, perfect for outdoor entertaining, with breathtaking views of Porto's historic center and the Atlantic Ocean.
The valuation. The asking price of €1,000,000 significantly exceeds the fair value of €314,331, marking a substantial overpricing of €685,669 (68.6%). This property is not a competitive investment opportunity in its current state.
Fair value modelled at €314,331 from the area baseline, adjusted for condition and location. Asking €1,000,000 sits €685,669 (68.6%) above — overpriced versus fair value.
Asking €1,000,000 versus the rua Calisto area baseline of €501,000 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 85 · Materials 88 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Calisto
Area baseline €501,000 + condition +€18,750 + location +€16,731 = modelled fair value of €314,331 (€2,096/m²), a €685,669 (68.6%) gap versus the €1,000,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Calisto | Subject | €1,000,000 | €6,667 | — | 85 | 65 |
| rua Calisto S / N | Active | €625,000 | €4,085 | 38.7% | 80 | 75 |
| Santa Marinha e São Pedro da Afurada · bf27b5 | Active | €630,000 | €4,846 | 27.3% | 78 | 72 |
| rua Pedra Torta | Active | €825,000 | €4,188 | 37.2% | 90 | 67 |
| rua das Fábricas S / N | Active | €545,000 | €3,132 | 53.0% | 80 | 78 |
| Median comp | €627,500 | €4,137 | 38.0% | 80 | 74 |
Long-term rental This penthouse in Canidelo is overpriced at €1,000,000, significantly surpassing its fair value of €314,331, which diminishes its attractiveness for long-term rental strategies. With a gross yield of only 2.6%, the financial returns do not justify the high price, making this investment less appealing in the current market. Buy-and-hold The high listing price of €1,000,000 versus a fair value of €314,331 suggests that this property in Canidelo is overpriced, leading to a substantial gap of 68.6%. Given the low yield of 2.6%, this buy-and-hold strategy is not advisable as the potential for profit is overshadowed by the initial investment cost. Family rental The property is positioned in a suburb of Vila Nova de Gaia and is listed at an exorbitant €1,000,000 while its fair value rests at €314,331, indicating it is overpriced. The low gross yield of 2.6% further suggests that the family rental market will struggle to accommodate such high rental expectations, limiting potential tenant interest.
Tenant turnover risk: With a tenant stability score of 65/100, there is a moderate risk of increased tenant turnover potentially affecting rental income stability.
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