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.
1-bedroom, 1-bathroom apartment of 91 m² on the 1st floor, built in 2008, energy rating D. Located on rua da Quinta do Castro, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment boasts an independent laundry area and a pleasant balcony that enhances outdoor living, both contributing to the overall functionality and comfort of the space.
The valuation. The asking price of €285,000 sits €62,628, or 28.2%, above the fair value of €222,372. This evaluation indicates that the property is overpriced.
Fair value modelled at €222,372 from 6 comparable sales in the area. Asking €285,000 sits €62,628 (28.2%) above — overpriced versus fair value.
Asking €285,000 versus the rua da Quinta do Castro area baseline of €217,552 (€2,391/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €217,552, adjusted for condition and micro-location, gives a modelled fair value of €222,372 (€2,444/m²), a €62,628 (28.2%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Quinta do Castro | Subject | €285,000 | €3,132 | — | 76 | 70 |
| rua da Bélgica | Active | €235,000 | €3,133 | 0% | 88 | 77 |
| avenida dos Descobrimentos | Active | €295,000 | €2,458 | 21.5% | 75 | 81 |
| rua Pêro Vaz de Caminha, 68 | Active | €235,000 | €1,975 | 36.9% | 73 | 73 |
| rua Doutor Narciso Rodrigues | Active | €317,500 | €2,581 | 17.6% | 78 | 73 |
| Median comp | €265,000 | €2,520 | 19.6% | 77 | 75 |
Long-term rental The property presents a gross yield of 3.8%, which is modest in the current market context. However, given its 28.2% premium over fair value at €285,000, the investment is not attractive for long-term rental purposes. Family rental This apartment's condition rating of 79/100 suggests it could appeal to families looking for comfortable living space. Nevertheless, with the listing price excessively above fair value, it is not an optimal choice for family rental scenarios. Buy-and-hold While the neighborhood features developed infrastructure indicative of potential long-term growth, purchasing at €285,000 overestimates its value significantly. As the property is overpriced relative to its fair value assessment, a buy-and-hold strategy would be unwise in this case.
Moderate Economic and Tenant Risk The property faces a moderate risk due to economic and tenant stability scores of 70/100, indicating potential vulnerabilities in the market's performance 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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