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 186 m², built in 2010, energy rating B. Located on rua Jorge Dias, Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment features a large terrace perfect for outdoor entertainment, and its prime location offers unobstructed sea views, enhancing its luxurious living experience.
The valuation. The asking price of €560,000 is significantly above the fair value of €392,537, representing an overvaluation of €167,463 or 29.9%. This indicates that the property could be perceived as overpriced in the current market.
Fair value modelled at €392,537 from the area baseline, adjusted for condition and location. Asking €560,000 sits €167,463 (29.9%) above — overpriced versus fair value.
Asking €560,000 versus the rua Jorge Dias area baseline of €613,242 (€3,297/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 80 · Materials 87 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 67). Strong amenities and housing-market momentum support a premium to baseline.
rua Jorge Dias
Area baseline €613,242 + condition +€23,250 + location +€23,513 = modelled fair value of €392,537 (€2,110/m²), a €167,463 (29.9%) gap versus the €560,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jorge Dias | Subject | €560,000 | €3,011 | — | 80 | 67 |
| Santa Marinha e São Pedro da Afurada · bf27b5 | Active | €630,000 | €4,846 | 61.0% | 78 | 72 |
| Aldoar, Foz Do Douro e Nevogilde · 6fb95e | Active | €699,000 | €7,854 | 160.9% | 75 | 78 |
| rua Calisto | Active | €1,000,000 | €6,667 | 121.4% | 85 | 65 |
| rua Pedra Torta | Active | €825,000 | €4,188 | 39.1% | 90 | 67 |
| Median comp | €762,000 | €5,757 | 91.2% | 82 | 70 |
Long-term rental The 3-bed apartment in Canidelo is currently overpriced at €560,000, which represents a gap of 29.9% from its fair value of €392,537. With a gross yield of 4.8%, the high acquisition price diminishes the long-term rental profitability potential for investors. Family rental Although the property offers decent amenities and has an 85/100 condition rating, its current listing price exceeds the fair value, making it an unattractive option for family rental. Families seeking suitable accommodations will likely be deterred by the inflated price relative to the market value. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable, given that it is priced substantially above fair value at €560,000. The long-term appreciation potential may not justify the current acquisition cost, considering the unfavorable price gap of 29.9%. Not ideal for short-term vacation rental This property does not fit well into the short-term vacation rental market due to its suburban location and high price point of €560,000, leading to potential underperformance. Oversaturation in the short-term rental sector could further strain profitability for an already overpriced asset. Not ideal for luxury market The 3-bed apartment's price tag places it outside the value range typical for luxury properties, but its characteristics do not support such a valuation. As a result, it is not likely to attract luxury buyers, making its €560,000 tag ill-fitting for the market. Not ideal for student housing Given the elevated listing price of €560,000 and mixed neighborhood scores, the apartment does not cater well to the student housing market. It fails to provide the affordability and rental yield that student tenants would typically seek.
Tenant turnover risk: With a tenant stability score of 67/100, there is a moderate chance of increased turnover, which could disrupt cash flow and increase costs associated with re-leasing the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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