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, 6-bathroom apartment of 138 m² on the 1st floor, built in 1992, energy rating D. Located on rua Cruzeiro, Canelas parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: Includes a sunroom adjacent to the kitchen for additional natural light and a practical pantry enhancing storage options, making it ideal for family use and entertaining.
The valuation. The asking price of €334,900 sits slightly above the fair value of €330,707, with a difference of €4,193 (1.3%). This property is valued fairly in the current market context.
Fair value modelled at €330,707 from 6 comparable sales in the area. Asking €334,900 sits €4,193 (1.3%) above — overpriced versus fair value.
Asking €334,900 versus the rua Cruzeiro area baseline of €272,653 (€1,976/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €272,653, adjusted for condition and micro-location, gives a modelled fair value of €330,707 (€2,396/m²), a €4,193 (1.3%) gap versus the €334,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cruzeiro | Subject | €334,900 | €2,427 | — | 73 | 75 |
| rua Belo Horizonte | Active | €548,000 | €2,228 | 8.2% | 75 | 73 |
| jardim Soares dos Reis | Active | €320,000 | €2,936 | 21.0% | 70 | 70 |
| rua Delfim Lima | Active | €299,900 | €1,886 | 22.3% | 75 | 70 |
| Canelas · 25f516 | Active | €295,000 | €2,565 | 5.7% | 70 | 74 |
| Median comp | €309,950 | €2,397 | 1.2% | 73 | 72 |
Long-term rental With a gross yield of 3.9%, this property in Canelas offers a stable income potential but reflects a minimal gap from its fair value at 1.3%. The property’s condition and neighborhood score indicate it would attract quality long-term tenants looking for comfortable suburban living. Family rental This 3-bed apartment is well-suited for family rentals, benefiting from the suburban characteristics of the area and decent amenities. Although the property is priced fairly at €334,900, it may represent a competitive opportunity for families seeking space and a good neighborhood quality score of 75/100. Buy-and-hold As a buy-and-hold investment, this property is reasonably positioned within the Greater Porto metropolitan region due to its fair value and stable yield. Its conditions and favorable tenant quality in the neighborhood suggest long-term appreciation potential, despite being priced fairly at current levels.
Rent revenue volatility There is a risk of fluctuating rent revenues due to the tenant stability score of 75/100, indicating potential challenges in retaining tenants or consistent 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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