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 house of 222 m², built in 1998. Located Canelas parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This property includes a spacious multifunctional room that adapts to various needs, complemented by a generous covered space perfect for future projects or storage. Outdoor Features: The garage accommodates two cars, enhancing everyday convenience.
The valuation. The asking price of €379,000 sits below the fair value of €413,262, allowing for an attractive discount of €34,262 (9.0%). This positions the property as an excellent opportunity in the current market.
Fair value modelled at €413,262 from the area baseline, adjusted for condition and location. Asking €379,000 sits €34,262 (9.0%) below — the upside to fair value.
Asking €379,000 versus the Canelas, Vila Nova de Gaia, Porto area baseline of €550,338 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 65 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 55 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Canelas, Vila Nova de Gaia, Porto
Area baseline €550,338 + condition -€22,547 + location +€23,111 = modelled fair value of €413,262 (€1,862/m²), a €34,262 (9.0%) gap versus the €379,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canelas · cfe1f9 | Subject | €379,000 | €1,707 | — | 70 | 64 |
| Serzedo e Perosinho · cfde76 | Active | €460,000 | €2,000 | 17.2% | 70 | 70 |
| rua Firmeza | Active | €460,000 | €1,756 | 2.8% | 72 | 74 |
| rua Guimarães | Active | €395,000 | €1,660 | 2.8% | 70 | 65 |
| rua General Humberto Delgado | Active | €460,000 | €1,870 | 9.5% | 70 | 72 |
| Median comp | €460,000 | €1,813 | 6.2% | 70 | 71 |
Long-term rental The property offers a solid gross yield of 3.9%, indicating its potential as a reliable long-term rental investment in a location that supports housing demand. With a fair value of €413,262, the listing price reflects a 9.0% discount, making it an appealing opportunity for stable income generation. Buy-and-hold Acquiring this property presents a strategic buy-and-hold opportunity, benefitting from both property appreciation and an established rental market. The 9.0% gap between the listing price and fair value suggests favorable conditions for long-term capital growth in an area close to Porto. Family rental The home's size and proximity to amenities make it ideal for family rental purposes, catering to tenant demographics seeking residential space. Its solid condition rating of 69/100 indicates that minimal immediate repairs are necessary, further enhancing its attractiveness for long-term family rentals.
Economic Uncertainty The economic stability score of 70 suggests potential fluctuations in market conditions that could affect rent collections, while the tenant stability score of 60 indicates a higher risk of tenant turnover, both increasing the likelihood of decreased cash flow.
