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 apartment of 113 m², built in 1992. Located on rua São João, 75, Canelas parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment boasts a balcony with a picturesque view of the S. João Batista garden, enhancing its appeal for outdoor relaxation and entertaining guests.
The valuation. The asking price of €290,000 significantly exceeds the fair value of €206,483, marking an overvaluation of €83,517 (28.8%). The property is priced above realistic market expectations.
Fair value modelled at €206,483 from the area baseline, adjusted for condition and location. Asking €290,000 sits €83,517 (28.8%) above — overpriced versus fair value.
Asking €290,000 versus the rua São João, 75 area baseline of €280,127 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
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 São João, 75
Area baseline €280,127 + condition -€22,070 + location +€18,486 = modelled fair value of €206,483 (€1,827/m²), a €83,517 (28.8%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua São João, 75 | Subject | €290,000 | €2,566 | — | 65 | 72 |
| rua Conselheiro Fonseca, 138 | Active | €350,000 | €2,692 | 4.9% | 63 | 70 |
| Vilar de Andorinho · dee5b6 | Active | €295,000 | €2,892 | 12.7% | 57 | 75 |
| rua José Monteiro de Castro Portugal | Active | €345,000 | €2,594 | 1.1% | 74 | — |
| Mafamude e Vilar do Paraíso · 99f4e6 | Active | €389,000 | €2,683 | 4.5% | 70 | 71 |
| Median comp | €347,500 | €2,688 | 4.7% | 67 | 71 |
Long-term rental The 3-bed apartment in Canelas is currently overpriced by 28.8% compared to its fair value of €206,483, yielding only a 4% gross return. While the neighborhood has a respectable score of 72/100, the high price diminishes the attractiveness for potential long-term tenants. Family rental With a fair value significantly lower than the asking price, this property may deter families seeking affordable housing options in the area. Given the apartment's condition rating of 63/100, the perceived value may not meet the expectations of family renters. Buy-and-hold As an investment, this 3-bed apartment does not present a compelling buy-and-hold opportunity due to its current overpricing. The market conditions in Greater Porto may allow for appreciation, but at this price point, the risk outweighs potential long-term benefits.
Moderate Economic and Tenant Risk The property faces a potential risk due to moderate economic stability and tenant stability scores of 70/100, indicating possible fluctuations in rental income and occupancy rates.
