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, 4-bathroom apartment of 160 m². Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment features three luxury ensuite bathrooms, ensuring privacy and comfort for each bedroom while enhancing the overall appeal of the modern living space.
The valuation. The asking price of €489,000 is significantly above the fair value of €258,323, representing an overpricing of €230,677 or 47.2%. This property is therefore not a viable investment option based on current valuation metrics. Buy-to-flip angle. Given the current condition rating of 0/100, a buy-to-flip strategy would likely require extensive renovations to attract potential buyers. With significant investment, it’s conceivable to increase market appeal and potentially recover costs, albeit with high risk. Buy-to-let angle. With a gross yield of 6.6% and an estimated rental income of €2,690 per month, the property could serve as a buy-to-let investment. Long-term rentals may appeal to families seeking a stable living situation in the Greater Porto region.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 4a7db9 | Subject | €489,000 | €3,056 | — | — | 81 |
| rua Pintor Amadeu Sousa Cardoso, 96 | Active | €850,000 | €4,722 | 54.5% | 73 | 71 |
| Mafamude e Vilar do Paraíso · ba577b | Active | €460,000 | €3,067 | 0.3% | 76 | 70 |
| rua de Alfredo Keil | Active | €997,000 | €3,988 | 30.5% | 76 | 76 |
| rua da Venezuela | Active | €575,000 | €3,549 | 16.1% | 72 | 80 |
| Median comp | €712,500 | €3,769 | 23.3% | 75 | 74 |
Long-term rental The property is overpriced at €489,000, significantly above the fair value of €258,323, suggesting limited return potential for long-term rentals. Additionally, the high gross yield of 6.6% might not compensate for the 47.2% gap, making it a risky investment in the long-term rental market. Buy-and-hold The substantial gap between the listing price and the fair value indicates that the property may not provide the desired capital appreciation over time, given its current valuation of €489,000. Therefore, the buy-and-hold strategy may be less effective, especially with a condition rating of 0/100 and a fair value significantly lower than the asking price. Family rental Investing in this property for family rental purposes may not be advisable due to its overpriced nature at €489,000 compared to the fair value of €258,323. While the neighbourhood rating of 81/100 suggests it could attract families, the overvaluation poses a significant risk, affecting both rental income potential and investment stability.
Economic downturn risk A significant economic downturn could impact the property’s value, especially since both economic and tenant stability are rated at 80/100, indicating a susceptibility to fluctuations in the market.
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