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 160 m², energy rating C. Located on praceta Canelas de Baixo, Canelas parish, Vila Nova de Gaia municipality, Porto district. This property features two balconies providing outdoor relaxation space and showcases heat recovery in the living room for energy efficiency and comfort throughout the year.
The valuation. The asking price of €295,000 sits €14,597 or 4.9% below the fair value of €309,597, presenting a compelling opportunity for investors seeking a well-priced asset.
Fair value modelled at €309,597 from the area baseline, adjusted for condition and location. Asking €295,000 sits €14,597 (4.9%) below — the upside to fair value.
Asking €295,000 versus the praceta Canelas de Baixo area baseline of €396,640 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 76 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 60 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
praceta Canelas de Baixo
Area baseline €396,640 + condition -€4,500 + location +€16,657 = modelled fair value of €309,597 (€1,935/m²), a €14,597 (4.9%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Canelas de Baixo | Subject | €295,000 | €1,844 | — | 70 | 64 |
| Vilar de Andorinho · 25f540 | Active | €275,000 | €2,371 | 28.6% | 72 | 73 |
| rua Professor Amadeu Santos | Active | €365,000 | €1,995 | 8.2% | 80 | 71 |
| rua Fofim d'Aquém | Active | €267,000 | €2,263 | 22.7% | 74 | 71 |
| travessa do Regato, 43 | Active | €266,000 | €2,418 | 31.2% | 70 | 73 |
| Median comp | €271,000 | €2,317 | 25.7% | 73 | 72 |
Long-term rental This property offers a favorable yield of 4.1%, positioning it as a solid option for long-term rental in a growing area. With a fair value slightly above the listing price, the potential for stable rental income is enhanced by the proximity to Porto and the safety of the suburban environment. Buy-and-hold Given its below fair value pricing and decent condition rating of 73/100, this property represents a strategic buy-and-hold investment. Its advantageous location and ongoing development in Vila Nova de Gaia are likely to support long-term appreciation, making it a sensible addition to an investment portfolio. Family rental The 3-bed apartment fits well within the family rental market thanks to its size and the quality of local schools, despite the neighborhood's moderate score of 64/100. Its competitive pricing compared to fair value, combined with suburban safety, presents a compelling opportunity for families seeking long-term housing options.
Economic Vulnerability The economic stability score of 60 suggests a moderate risk of economic downturns affecting rental income or property value. Tenant Instability A tenant stability score of 65 indicates a potential risk of tenant turnover, impacting cash flow and overall profitability.
