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 147 m², built in 2008, energy rating C. Located on rua da Bélgica, Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment features exclusive access to a gated community with an indoor pool and gym, enhancing both leisure and fitness opportunities just steps from home.
The valuation. The asking price of €540,000 is significantly above the fair value of €300,600, representing an overpricing of €239,400 (44.3%). The property is overpriced based on current market evaluations.
Fair value modelled at €300,600 from the area baseline, adjusted for condition and location. Asking €540,000 sits €239,400 (44.3%) above — overpriced versus fair value.
Asking €540,000 versus the rua da Bélgica area baseline of €490,980 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 78 · Materials 80 · Room dimensions 70). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua da Bélgica
Area baseline €490,980 + condition +€0 + location +€27,327 = modelled fair value of €300,600 (€2,045/m²), a €239,400 (44.3%) gap versus the €540,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Bélgica | Subject | €540,000 | €3,673 | — | 78 | 75 |
| rua Particular Às Árvores S / N | Active | €360,000 | €2,707 | 26.3% | 73 | 77 |
| Aldoar, Foz Do Douro e Nevogilde · 001a96 | Active | €596,000 | €3,311 | 9.9% | 64 | 81 |
| rua de Grijó, 17 | Active | €690,000 | €3,876 | 5.5% | 75 | 80 |
| rua Pintor Amadeu Sousa Cardoso, 96 | Active | €850,000 | €4,722 | 28.5% | 73 | 71 |
| Median comp | €643,000 | €3,594 | 2.2% | 73 | 79 |
Long-term rental The current asking price of €540,000 represents a significant 44.3% premium over the fair value of €300,600, indicating that the property is overpriced. At a gross yield of only 3.1%, the potential returns are not compelling enough to justify this elevated price point. Family rental While the apartment’s condition and neighborhood score are decent at 75/100, the substantial overvaluation at 44.3% makes it less attractive for family renting purposes. Families typically seek value and affordability, which this property currently does not provide. Buy-and-hold With the property overpriced and a modest gross yield of 3.1%, the buy-and-hold strategy appears unconvincing given the lack of long-term appreciation potential. Investors should be cautious as the gap from fair value suggests that capital growth may be limited in the near future.
Potential tenant turnover risk With a tenant stability score of 70/100, there is a notable risk of increased tenant turnover, which could impact rental income during periods of vacancy.
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