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 house of 150 m². Located on rua Sub Ribas, 549, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property includes a well with potable water for irrigation, extensive fruit trees in the backyard, and potential for expansion with neighboring land acquisition. Condition Notes: The home is habitable with minimal interior painting needed, located in a quiet neighborhood with good transport links.
The valuation. The asking price of €390,000 sits €274,662 above the fair value of €115,338, reflecting a significant 70.4% overvaluation. This property is considered overpriced based on current market metrics.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Sub Ribas, 549 | Subject | €390,000 | €2,600 | — | — | 61 |
| Mafamude e Vilar do Paraíso · 4a7fd3 | Active | €250,000 | €3,846 | 47.9% | 50 | 76 |
| Canidelo · 001a7c | Active | €395,000 | €3,038 | 16.9% | 64 | 76 |
| Santa Marinha e São Pedro da Afurada · 00189c | Active | €230,000 | €3,833 | 47.4% | 75 | 70 |
| rua Thom, 160 | Active | €650,000 | €5,159 | 98.4% | — | 71 |
| Median comp | €322,500 | €3,840 | 47.7% | 64 | 74 |
Long-term rental The property’s price of €390,000 exceeds the fair value of €115,338 by 70.4%, indicating it is overpriced. With a gross yield of only 3.4% and a condition score of 0/100, it may struggle to attract long-term tenants despite its proximity to Porto's job market. Buy-and-hold Given its significant gap from fair value, purchasing this property as a buy-and-hold investment carries substantial risk. The low yield and poor condition suggest that any appreciation may not compensate for current overpricing. Family rental While the house may appeal to families due to its suburban location and access to Porto, the current price point is too high relative to its fair value. This limits the feasibility of the property as a family rental investment due to the unfavorable yield and poor condition score.
Potential Tenant Turnover The tenant stability score of 60/100 suggests a higher likelihood of tenant turnover, which may lead to increased vacancy rates and associated costs.
