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, 2-bathroom house of 126 m², energy rating C. Located on rua Thom, 160, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property includes a generous 588 m² plot, offering abundant potential for landscaping, leisure spaces, or a swimming pool in a beachside setting.
The valuation. The asking price of €650,000 is significantly above the fair value of €105,316, resulting in an overvaluation of €544,684 (83.8%). This property is clearly overpriced in the current market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Thom, 160 | Subject | €650,000 | €5,159 | — | — | 70 |
| Aldoar, Foz Do Douro e Nevogilde · 001b3f | Active | €905,000 | €5,877 | 13.9% | 75 | 76 |
| rua Passadouro | Active | €385,000 | €2,567 | 50.2% | 70 | 69 |
| Madalena · ba5b8f | Active | €460,000 | €1,667 | 67.7% | 75 | 75 |
| rua Sub Ribas, 549 | Active | €390,000 | €2,600 | 49.6% | — | 61 |
| Median comp | €425,000 | €2,584 | 49.9% | 75 | 72 |
Long-term rental The property is not suitable for long-term rental investment as its current price of €650,000 significantly exceeds the fair value of €105,316, indicating it is overpriced by 83.8%. This excessive pricing results in a low gross yield of 2.7%, which fails to meet the returns expected from rental properties. Family rental Investing in this property for family rental purposes is unadvisable, given its substantial overvaluation at €650,000 compared to a fair value of only €105,316, reflecting an 83.8% gap. With the property’s poor condition rating of 0/100, the investment would likely deter families seeking quality housing. Buy-and-hold The buy-and-hold strategy is difficult to justify here, as the property stands at €650,000 while fair value is merely €105,316, resulting in a considerable 83.8% overpricing. The weak gross yield of 2.7% further undermines the attractiveness of holding onto this asset long-term as it fails to generate sufficient returns over time.
Tenant turnover risk The tenant stability score of 65/100 suggests potential for higher turnover rates, which may lead to increased vacancy costs and fluctuating rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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