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 180 m² on the 4th floor, built in 1992, energy rating C. Located on rua Vista Alegre, 532, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Property Features: The apartment includes a spacious private terrace and balcony with ocean views, enhancing outdoor living and entertaining opportunities within a prestigious gated community. Condition Notes: A blend of modern elements and quality furnishings creates a comfortable atmosphere, with minor updates needed in some areas.
The valuation. The property is listed at €1,000,000, significantly above its fair value of €546,102, resulting in a disparity of €453,898 (83.1%). This gap indicates the property is overpriced and may pose risks for potential investors.
Fair value modelled at €546,102 from 6 comparable sales in the area. Asking €1,000,000 sits €453,898 (83.1%) above — overpriced versus fair value.
Asking €1,000,000 versus the rua Vista Alegre, 532 area baseline of €583,970 (€3,244/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €583,970, adjusted for condition and micro-location, gives a modelled fair value of €546,102 (€3,034/m²), a €453,898 (83.1%) gap versus the €1,000,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vista Alegre, 532 | Subject | €1,000,000 | €5,556 | — | 72 | 71 |
| rua da Bélgica | Active | €435,000 | €3,107 | 44.1% | 70 | 71 |
| avenida Beira Mar | Active | €895,000 | €3,034 | 45.4% | 74 | 74 |
| avenida Beira Mar | Active | €895,000 | €3,034 | 45.4% | 75 | 75 |
| rua do Fojo | Active | €354,900 | €2,414 | 56.5% | 75 | 76 |
| Median comp | €665,000 | €3,034 | 45.4% | 75 | 75 |
Long-term rental The property presents an unattractive gross yield of only 2.3%, which is significantly below the threshold for favorable investment returns. Furthermore, the gap of 83.1% between the listing price and fair value indicates that the property is overpriced, making it a less appealing long-term rental option. Buy-and-hold With a fair value of €546,102 compared to a listing price of €1,000,000, this property is not a viable candidate for a buy-and-hold strategy. The substantial 83.1% gap signifies that the investment is overpriced and likely to yield insufficient returns over time. Family rental While the property is located in a generally safe neighborhood with access to employment and amenities, its high listing price suggests it would not resonate with potential tenants seeking value for money. Consequently, the severe overpricing makes it a poor choice for a family rental strategy, as prospective renters may steer clear of such elevated costs.
Economic Vulnerability The property may face challenges due to an economic stability score of 70/100, indicating that economic fluctuations could impact rental income.
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