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 apartment of 139 m², built in 1991, energy rating D. Located on rua Ramos, Canelas parish, Vila Nova de Gaia municipality, Porto district. This ground floor apartment features a private yard that offers potential for outdoor enhancements and has a garage for convenient parking, despite needing some maintenance.
The valuation. The asking price of €272,000 is €20,006 (6.9%) below the fair value of €292,006, categorizing this property as fairly valued. This positioning presents a sound basis for financial contemplation.
Fair value modelled at €292,006 from 6 comparable sales in the area. Asking €272,000 sits €20,006 (6.9%) below — the upside to fair value.
Asking €272,000 versus the rua Ramos area baseline of €252,595 (€1,817/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €252,595, adjusted for condition and micro-location, gives a modelled fair value of €292,006 (€2,101/m²), a €20,006 (6.9%) gap versus the €272,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ramos | Subject | €272,000 | €1,957 | — | 68 | 63 |
| rua Laborim de Baixo, 342 | Active | €294,500 | €2,394 | 22.4% | 70 | 73 |
| Canelas · de0b74 | Active | €199,000 | €2,369 | 21.1% | — | 68 |
| rua de Ramos | Active | €195,000 | €1,667 | 14.8% | 70 | 75 |
| Mafamude e Vilar do Paraíso · 7355cc | Active | €255,000 | €2,339 | 19.6% | 70 | 74 |
| Median comp | €227,000 | €2,354 | 20.3% | 70 | 74 |
Long-term rental With a fair value of €292,006 and a listing price of €272,000, the property stands fairly priced and offers a gross yield of 4.1%. This yield, combined with the suburban setting and proximity to Porto, positions it as a stable option for long-term rentals due to consistent demand in the area. Family rental The property's condition rating of 67/100 and neighborhood score of 63/100 indicate a decent living environment for families looking to settle in a suburban area. Given the economic stability and access to amenities in Vila Nova de Gaia, it remains a promising choice for family rentals despite its fair valuation. Buy-and-hold As a buy-and-hold investment, the property aligns well with a strategy focusing on long-term appreciation, given its fair value status. Its location near Porto further enhances its potential for value appreciation over time, providing a stable return for investors willing to wait for market growth.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of economic downturns affecting property value and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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