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 194 m², built in 2023, energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This upscale apartment includes a serene water lake within the gated community, enhancing relaxation and leisure opportunities amidst the natural surroundings of the Douro River and nature reserves.
The valuation. The asking price of €650,000 sits below the fair value of €707,909, indicating a difference of €57,909 (8.2%). This property is fairly valued and represents a reasonable investment opportunity. Buy-to-flip angle. The resale strategy involves modernizing the apartment for market appeal, aiming for a higher sale price than the current asking. This could capitalize on the property’s quality and location, especially if renovations enhance desirability. Buy-to-let angle. The rental income strategy projects a gross yield of 6.5%, with estimated monthly income around €3,521. Given the apartment's condition and location in a mixed neighborhood, it suits long-term and student housing markets well.
Fair value modelled at €707,909 from 6 comparable sales in the area. Asking €650,000 sits €57,909 (8.2%) below — the upside to fair value.
Asking €650,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €571,012 (€2,943/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 €571,012, adjusted for condition and micro-location, gives a modelled fair value of €707,909 (€3,649/m²), a €57,909 (8.2%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 2fcdaa | Subject | €650,000 | €3,351 | — | 85 | 71 |
| travessa Nova das Chieiras | Active | €750,000 | €3,623 | 8.1% | 85 | 71 |
| Canidelo · cc9aa0 | Active | €575,000 | €3,966 | 18.4% | 78 | 68 |
| rua Nova das Chieiras do Meio, 300 | Active | €750,000 | €3,623 | 8.1% | 80 | 71 |
| Santa Marinha e São Pedro da Afurada · ba3f66 | Active | €745,000 | €3,617 | 7.9% | 84 | 78 |
| Median comp | €747,500 | €3,623 | 8.1% | 82 | 71 |
Long-term rental This property presents a fair investment opportunity with a yield of 6.5%, which aligns with the market standards. With a fair value of €707,909, the current asking price of €650,000 suggests a modest potential for stable rental income. Student housing The property's proximity to educational institutions makes it a viable option for student housing, though the rent levels in the area may reflect its fair pricing. Given the acceptable condition rating of 86/100, it is well-suited to attract student tenants without significant renovation costs. Buy-and-hold As a buy-and-hold investment, this apartment offers a moderate gap to fair value at 8.2%, indicating stable appreciation potential over the long term. The overall quality of the neighborhood, rated at 71/100, supports the likelihood of maintaining property value in the Porto metropolitan area.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher turnover rates, which may lead to increased vacancy periods and associated costs.
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
