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.
4-bedroom, 4-bathroom penthouse of 272 m², built in 2021, energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property boasts a generous terrace and private jacuzzi, perfect for relaxation while enjoying uninterrupted ocean views in an exclusive beachfront setting.
The valuation. The asking price of €2,075,000 is significantly higher than the fair value of €1,300,061, representing an excess of €774,939 (59.6%). The property is therefore considered overpriced.
Fair value modelled at €1,300,061 from 6 comparable sales in the area. Asking €2,075,000 sits €774,939 (59.6%) above — overpriced versus fair value.
Asking €2,075,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €1,322,267 (€4,861/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 €1,322,267, adjusted for condition and micro-location, gives a modelled fair value of €1,300,061 (€4,780/m²), a €774,939 (59.6%) gap versus the €2,075,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · a46760 | Subject | €2,075,000 | €7,629 | — | 80 | 70 |
| Canidelo · 8314c4 | Active | €575,000 | €4,713 | 38.2% | 80 | 65 |
| Santa Marinha e São Pedro da Afurada · bf27b5 | Active | €630,000 | €4,846 | 36.5% | 78 | 72 |
| Santa Marinha e São Pedro da Afurada · 3d9608 | Active | €495,000 | €3,511 | 54.0% | 78 | 70 |
| Santa Marinha e São Pedro da Afurada · 9116cb | Active | €745,000 | €5,000 | 34.5% | 77 | 73 |
| Median comp | €602,500 | €4,780 | 37.3% | 78 | 71 |
Long-term rental The current gross yield of 1.4% indicates that this penthouse does not align with traditional long-term rental investment goals, offering minimal return potential. Additionally, with a fair value gap of 59.6%, investors should be cautious about overpaying in a suburban area with only moderate tenant quality and amenities. Family rental While family rentals typically benefit from space and good infrastructure, the significant price premium indicates this property is not optimally priced for this strategy. The neighborhood rating of 70/100 suggests a decent environment, yet the 59.6% gap from fair value leaves little room for financial upside in a family-oriented setting. Buy-and-hold The high asking price relative to fair value signals that a buy-and-hold strategy would likely lead to insufficient equity growth over time. Furthermore, the combination of a low yield and high price point suggests that holding this investment may not generate the desired long-term capital appreciation for investors. Not ideal for The luxury market and short-term vacation rentals are likely unsuitable given the property’s high valuation and below-average gross yield. Investors in these segments typically seek properties that demonstrate exceptional returns and prime positioning, both of which are lacking here.
Economic and Tenant Stability Risk The property faces a risk due to both its economic stability and tenant stability scores being at 70/100, indicating that market conditions and rental income may not be reliable over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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