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 126 m², energy rating C. Located Canelas parish, Vila Nova de Gaia municipality, Porto district. This apartment features a heat recovery system in the living room, enhancing energy efficiency while providing a cozy atmosphere throughout the space.
The valuation. The asking price of €269,000 is €9,184 (3.4%) above the fair value of €259,816, indicating that the property is overpriced. This discrepancy suggests that potential investors should approach with caution.
Fair value modelled at €259,816 from the area baseline, adjusted for condition and location. Asking €269,000 sits €9,184 (3.4%) above — overpriced versus fair value.
Asking €269,000 versus the Canelas, Vila Nova de Gaia, Porto area baseline of €331,128 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 74 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Canelas, Vila Nova de Gaia, Porto
Area baseline €331,128 + condition +€5,906 + location +€19,676 = modelled fair value of €259,816 (€2,062/m²), a €9,184 (3.4%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canelas · 023918 | Subject | €269,000 | €2,135 | — | 74 | 71 |
| rua Castros Serzedo, 160 | Active | €248,500 | €2,071 | 3.0% | 80 | 72 |
| rua Santa Apolónia, 400 | Active | €248,500 | €1,912 | 10.5% | 72 | 70 |
| Pedroso e Seixezelo · cfe288 | Active | €267,000 | €2,263 | 6.0% | 68 | 73 |
| rua Fofim d'Aquém | Active | €267,000 | €2,263 | 6.0% | 74 | 71 |
| Median comp | €257,750 | €2,167 | 1.5% | 73 | 72 |
Long-term rental The property in Canelas is currently priced at €269,000, which is 3.4% above the fair value of €259,816, indicating it is overpriced. The gross yield of 4.6% paired with the neighborhood's economic potential makes this a less attractive long-term rental investment. Family rental With a listing price exceeding fair value, the Canelas apartment does not present a compelling opportunity for family rentals, despite its decent condition rating of 78/100. Families typically seek value for their investment, and this property does not offer that given the current price. Buy-and-hold As a buy-and-hold investment, this 2-bed apartment falls short due to its current price being above the calculated fair value. The modest gross yield of 4.6% coupled with the overpriced nature suggests a lack of immediate financial benefit for long-term investors.
Economic decline risk The property may face challenges due to a moderately high economic stability score of 75/100, which could indicate potential fluctuations in the local economy impacting tenant demand.
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