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.
6-bedroom, 4-bathroom house of 954 m². Located on rua de Canas, 215, Melres e Medas parish, Gondomar municipality, Porto district. Noteworthy Features: The property boasts a closed garage accommodating up to four vehicles and premium materials enhancing durability and aesthetic appeal throughout its spacious interiors.
The valuation. The asking price of €450,000 sits significantly below fair value at €2,205,907, resulting in a value discrepancy of €1,755,907 (79.6%). This property is notably underpriced.
Fair value modelled at €2,205,907 from 6 comparable sales in the area. Asking €450,000 sits €1,755,907 (79.6%) below — the upside to fair value.
Asking €450,000 versus the rua de Canas, 215 area baseline of €1,739,779 (€1,824/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is above the parish average, lifting 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 €1,739,779, adjusted for condition and micro-location, gives a modelled fair value of €2,205,907 (€2,312/m²), a €1,755,907 (79.6%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Canas, 215 | Subject | €450,000 | €472 | — | 68 | 63 |
| Foz do Sousa e Covelo · da4696 | Active | €485,000 | €2,195 | 365.2% | — | 71 |
| Melres e Medas · ba3a60 | Active | €500,000 | €2,381 | 404.8% | — | 66 |
| avenida Central de Broalhos | Active | €500,000 | €2,381 | 404.8% | — | 67 |
| Sandim, Olival, Lever e Crestuma · 6a94b8 | Active | €350,000 | €2,244 | 375.6% | — | 67 |
| Median comp | €492,500 | €2,313 | 390.3% | — | 67 |
Buy-and-hold The property is expected to appreciate significantly given its fair value of €2,205,907 compared to the listing price of €450,000, indicating a potential long-term gain. With a neighborhood score of 63/100, the investment benefits from economic stability and growth prospects. Long-term rental The house's strategic location near a major city ensures a steady demand for long-term tenants, despite a gross yield of 0%. Additionally, the condition rating of 70/100 suggests that it requires minimal immediate investment for rental purposes, making it a solid option for passive income. Family rental With ample space provided by the 6-bed configuration and the neighborhood’s decent amenities, this property is well-suited for family rentals. The significant gap to fair market value reflects the potential to attract families looking for quality housing in a stable environment.
Economic Vulnerability A score of 65/100 indicates moderate economic instability, which could lead to fluctuating property values and increased vacancy risks for tenants with a stability score of 70/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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