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.
1-bedroom, 1-bathroom apartment of 55 m² on the 5th floor, built in 2026, energy rating A. Located on rua Manuel da Silva Cruz, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes a designated garage space with an electric vehicle charging station, enhancing convenience for eco-conscious residents and modern transportation needs.
The valuation. The asking price of €420,000 is significantly above the fair value of €264,631, representing an overpricing of €155,369 (58.7%). This disparity suggests a steep premium for buyers. Buy-to-flip angle. With an aggressive renovation strategy, targeting a resale price that overcomes the initial investment seems challenging given the current valuation dynamics. Quick flipping under these conditions may yield limited profits. Buy-to-let angle. The estimated rental income of €735 per month yields a gross return of 2.1%, signaling modest returns for long-term rentals in the area. This could appeal to long-term tenants seeking quality accommodations in a mixed-use neighborhood.
Fair value modelled at €264,631 from 6 comparable sales in the area. Asking €420,000 sits €155,369 (58.7%) above — overpriced versus fair value.
Asking €420,000 versus the rua Manuel da Silva Cruz area baseline of €273,813 (€4,978/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €273,813, adjusted for condition and micro-location, gives a modelled fair value of €264,631 (€4,811/m²), a €155,369 (58.7%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel da Silva Cruz | Subject | €420,000 | €7,636 | — | 78 | 73 |
| Santa Marinha e São Pedro da Afurada · 143fd3 | Active | €338,000 | €4,390 | 42.5% | 75 | 76 |
| travessa Nova das Chieiras, 170 | Active | €425,000 | €5,743 | 24.8% | 82 | 67 |
| Mafamude e Vilar do Paraíso · 3d98e8 | Active | €238,000 | €5,805 | 24.0% | 80 | 71 |
| rua da Fitela, 16 | Active | €287,000 | €4,348 | 43.1% | 75 | 72 |
| Median comp | €312,500 | €5,067 | 33.7% | 78 | 72 |
Long-term rental The current listing price of €420,000 significantly exceeds the fair value of €264,631, resulting in a 58.7% gap that positions this 1-bed apartment as overpriced. With a gross yield of only 2.1%, the potential returns do not justify the high entry cost for long-term rental investment. Family rental At €420,000, the apartment overvalues itself against the fair value of €264,631, making it less attractive for family rental purposes given the 58.7% valuation gap. The yield of 2.1% suggests that there are likely better options in the market for families seeking affordable accommodation. Buy-and-hold The manifestation of a 58.7% gap between the listing price of €420,000 and the fair value of €264,631 makes this property overpriced for a buy-and-hold investment strategy. With a low yield of 2.1%, the long-term appreciation potential does not align with typical investor expectations for this type of strategy.
Weak Tenant Durability Given a tenant stability score of 70/100, there is a risk of tenant turnover affecting the rental income predictability and increasing vacancy rates.
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
