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, 2-bathroom apartment of 130 m² on the 1st floor, energy rating A. Located on travessa José Maria Alves, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property boasts a spacious 27.61 m² balcony perfect for outdoor gatherings, coupled with an exceptional solar exposure to the east enhancing natural light throughout the day.
The valuation. The asking price of €437,000 is 7.9% below the fair value of €474,372, indicating that the property is pricing at fair value. This level of valuation suggests a balanced investment perspective.
Fair value modelled at €474,372 from 6 comparable sales in the area. Asking €437,000 sits €37,372 (7.9%) below — the upside to fair value.
Asking €437,000 versus the travessa José Maria Alves area baseline of €424,996 (€3,269/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €424,996, adjusted for condition and micro-location, gives a modelled fair value of €474,372 (€3,649/m²), a €37,372 (7.9%) gap versus the €437,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa José Maria Alves | Subject | €437,000 | €3,362 | — | 82 | 63 |
| rua Alto das Chaquedas | Active | €479,000 | €2,110 | 37.2% | 78 | 71 |
| rua Calisto | Active | €620,000 | €3,713 | 10.4% | 92 | 73 |
| rua Barreiro | Active | €389,000 | €2,526 | 24.9% | 85 | 71 |
| alameda Jardins da Arrábida | Active | €599,000 | €3,675 | 9.3% | 80 | 77 |
| Median comp | €539,000 | €3,101 | 7.8% | 83 | 72 |
Long-term rental The property presents a fair investment for long-term rental with a gross yield of 3.7%, which is acceptable given the local market conditions. However, it's crucial to note that the neighborhood score of 63/100 indicates potential challenges in tenant quality and amenities. Buy-and-hold Investing in this apartment can be justified for a buy-and-hold strategy as it falls within fair value at €437,000 compared to the fair value of €474,372, indicating a modest growth potential over time. Nevertheless, the relatively low neighborhood score suggests that maintaining rental demand may be a challenge in the long term. Family rental With the apartment's 3-bedroom setup, it could serve adequately for family rentals; however, the property is only fairly priced at €437,000 which may hinder capturing the upper end of the family rental market. Additionally, the 86/100 condition rating is favorable, yet the neighborhood's amenities indicate that families may seek alternatives in more amenity-rich areas.
Economic Vulnerability With an economic stability score of 65/100 and tenant stability at 60/100, the property may face challenges in maintaining consistent income and reliable tenant retention, impacting overall cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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