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 207 m² on the 1st floor, built in 2025, energy rating A. Located on rua Nova das Chieiras do Meio, 300, Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment features two expansive balconies totaling 32 m², offering breathtaking sea views and enhancing outdoor living space for relaxation and entertainment.
The valuation. The asking price of €750,000 is significantly above the fair value of €640,629, resulting in an overpriced status by €109,371 (17.1%). This discrepancy suggests that potential buyers may be paying a premium for the property.
Fair value modelled at €640,629 from 5 comparable sales in the area. Asking €750,000 sits €109,371 (17.1%) above — overpriced versus fair value.
Asking €750,000 versus the rua Nova das Chieiras do Meio, 300 area baseline of €678,935 (€3,280/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €678,935, adjusted for condition and micro-location, gives a modelled fair value of €640,629 (€3,095/m²), a €109,371 (17.1%) gap versus the €750,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nova das Chieiras do Meio, 300 | Subject | €750,000 | €3,623 | — | 80 | 71 |
| alameda Jardins da Arrábida | Active | €599,000 | €3,675 | 1.4% | 80 | 77 |
| rua Jorge Dias | Active | €560,000 | €3,011 | 16.9% | 80 | 68 |
| rua Grémio da Prosperidade | Active | €375,000 | €2,586 | 28.6% | 77 | 73 |
| rua Barreiro | Active | €359,000 | €3,095 | 14.6% | 77 | 70 |
| Median comp | €467,500 | €3,053 | 15.7% | 79 | 72 |
Long-term rental The property presents a gross yield of 3.8%, which is below the market average, indicating that it may not generate optimal returns for long-term rental investors. Given its valuation gap of 17.1% to fair value, potential investors should approach with caution due to overpricing concerns. Family rental While the property could appeal to families looking for spacious living, the 17.1% gap from fair value suggests it is overpriced for this segment. Additionally, the neighborhood's condition rating of 71/100 may limit rental demand for family-focused tenants. Buy-and-hold Investing in this property for a buy-and-hold strategy comes with risks, primarily due to its current price which is significantly above fair value by 17.1%. The lower yield of 3.8% raises doubts about its long-term investment viability in a competitive real estate market. Not ideal for short-term rental Given its current overvaluation and relatively low yield, this property does not lend itself well to short-term rental opportunities. The neighborhood's amenities and safety profile might not attract transient tenants willing to pay a premium. Not ideal for luxury market With a fair value significantly lower than the asking price, this property cannot be positioned effectively in the luxury market. The quality of amenities and neighborhood ratings further diminish its appeal to high-end buyers. Not ideal for student housing The 3-bed layout is not specifically tailored to the needs of student renters, and the property's overvaluation indicates it isn't priced competitively for this demographic. Additionally, the neighborhood's ratings suggest that it may not attract a high volume of student tenants looking for affordability and convenience.
Tenant turnover risk The relatively low tenant stability score of 65/100 indicates a higher likelihood of turnover, which could lead to increased vacancy periods and associated costs.
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