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, 5-bathroom house of 280 m², built in 2014, energy rating B. Located on rua do Cerro, 374, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This townhouse includes a generous outdoor terrace of 140 m², ideal for leisure, and has high-quality sucupira wood carpentry throughout, enhancing its modern aesthetic.
The valuation. The asking price of €850,000 is significantly above the fair value of €707,943, indicating an overvalued property by €142,057 (20.1%). Buyers should approach with caution considering the price disparity.
Fair value modelled at €707,943 from 6 comparable sales in the area. Asking €850,000 sits €142,057 (20.1%) above — overpriced versus fair value.
Asking €850,000 versus the rua do Cerro, 374 area baseline of €783,491 (€2,798/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €783,491, adjusted for condition and micro-location, gives a modelled fair value of €707,943 (€2,528/m²), a €142,057 (20.1%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Cerro, 374 | Subject | €850,000 | €3,036 | — | 75 | 74 |
| Canidelo · 937633 | Active | €690,000 | €1,994 | 34.3% | 80 | 76 |
| Gulpilhares e Valadares · b7c02f | Active | €1,050,000 | €2,333 | 23.1% | 80 | 65 |
| beco Paniceiro S / N | Active | €690,000 | €1,994 | 34.3% | 74 | 71 |
| Canidelo · b7b809 | Active | €950,000 | €2,861 | 5.7% | 80 | 74 |
| Median comp | €820,000 | €2,164 | 28.7% | 80 | 73 |
Long-term rental The property in Canidelo is currently overpriced at €850,000, with a fair value of €707,943, indicating a significant gap of 20.1%. With a gross yield of 4.9%, this investment may not meet the expected returns for long-term rental strategies. Buy-and-hold As the current market valuation exceeds fair value, buying this property at €850,000 poses an increased risk for long-term investment appreciation. The condition rating of 82/100 provides some reassurance, but the overall price point suggests it may not be a viable buy-and-hold strategy. Family rental With pricing above fair market value, the €850,000 listing may limit the income potential for family rentals in the Canidelo area. Despite a strong condition rating and decent neighborhood scores, the expectation of returns is compromised by overvaluation in the current market context.
Tenant turnover risk With a tenant stability score of 65/100, there is a significant risk of increased turnover, potentially leading to vacancy and lost income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
