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.
2-bedroom, 1-bathroom duplex of 87 m², built in 1995, energy rating C. Located Canelas parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The duplex showcases a versatile upper-level room, perfect for various uses, and boasts two balconies enhancing outdoor living space and natural light exposure.
The valuation. The asking price of €245,000 is notably above the fair value of €173,791, representing a premium of €71,209 (29.1%). This property is therefore classified as overpriced.
Fair value modelled at €173,791 from the area baseline, adjusted for condition and location. Asking €245,000 sits €71,209 (29.1%) above — overpriced versus fair value.
Asking €245,000 versus the Canelas, Vila Nova de Gaia, Porto area baseline of €228,636 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 77). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Canelas, Vila Nova de Gaia, Porto
Area baseline €228,636 + condition -€2,175 + location +€14,233 = modelled fair value of €173,791 (€1,998/m²), a €71,209 (29.1%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canelas · 6fbdc0 | Subject | €245,000 | €2,816 | — | 70 | 72 |
| travessa António Sérgio, 44 | Active | €307,000 | €2,791 | 0.9% | 73 | 70 |
| rua Consortes, 146 | Active | €269,000 | €3,241 | 15.1% | 73 | 62 |
| praceta Eça de Queirós, 38 | Active | €255,000 | €2,772 | 1.6% | 72 | 71 |
| Mafamude e Vilar do Paraíso · 99f3ed | Active | €315,000 | €3,119 | 10.7% | 70 | 72 |
| Median comp | €288,000 | €2,955 | 4.9% | 73 | 71 |
Long-term rental The current listing price of €245,000 reflects a significant premium over the fair value of €173,791, resulting in a 29.1% gap that makes this property overpriced. At a gross yield of only 4.3%, the long-term rental potential does not justify the investment cost in the current market dynamics. Family rental With a fair value of €173,791 significantly lower than the asking price, the property is overpriced at €245,000, creating a reluctance among families to commit financially. The gross yield of 4.3% does not compensate for the relatively high entry price concerning family-friendly amenities and neighborhood quality. Buy-and-hold The buy-and-hold strategy for this duplex is challenged by its €245,000 listing, which stands well above the calculated fair value of €173,791, thus labeling it as overpriced. The projected gross yield of 4.3% is insufficient when considering the 29.1% gap between price and fair value over a long investment horizon.
Economic volatility risk High economic stability is indicated at 75/100, yet minor fluctuations can still impact tenant stability, which is also at 75/100, leading to potential vacancy rates if the economy declines.
