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, 5-bathroom penthouse of 466 m² on the 2nd floor, built in 2021, energy rating A. Located on travessa Nova das Chieiras, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Private jacuzzi seamlessly integrates with the terrace, enhancing the luxurious outdoor experience while offering unobstructed views of the Atlantic Ocean for a serene retreat.
The valuation. The asking price of €2,100,000 is below the fair value of €2,542,167, making this property subpriced by €442,167 (17.4%). This presents an attractive opportunity for potential investors.
Fair value modelled at €2,542,167 from 6 comparable sales in the area. Asking €2,100,000 sits €442,167 (17.4%) below — the upside to fair value.
Asking €2,100,000 versus the travessa Nova das Chieiras area baseline of €2,494,449 (€5,353/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 91/100 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 €2,494,449, adjusted for condition and micro-location, gives a modelled fair value of €2,542,167 (€5,455/m²), a €442,167 (17.4%) gap versus the €2,100,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Nova das Chieiras | Subject | €2,100,000 | €4,506 | — | 89 | 73 |
| Canidelo · 5e62cb | Active | €1,700,000 | €5,075 | 12.6% | 90 | 71 |
| Canidelo · e833f7 | Active | €1,450,000 | €5,894 | 30.8% | 80 | 77 |
| Canidelo · a46760 | Active | €2,075,000 | €7,629 | 69.3% | 80 | 70 |
| rua Jorge Dias | Active | €1,850,000 | €5,836 | 29.5% | 92 | 71 |
| Median comp | €1,775,000 | €5,865 | 30.1% | 85 | 71 |
Long-term rental This penthouse presents an attractive long-term rental opportunity, as its fair value of €2,542,167 suggests an appreciation potential of 17.4%. Additionally, with a high condition rating of 91/100 and a robust housing market bolstered by proximity to Porto, it is positioned to attract quality tenants. Buy-and-hold Investing in this penthouse allows for a strategic buy-and-hold approach, with a current market valuation indicating a significant upside potential. Given its strong condition and desirable suburban location, holding this property long-term could capitalize on ongoing neighborhood development and increasing property values. Family rental The spacious layout and prime location of this penthouse make it an ideal family rental, where demand is likely to rise due to the appealing neighborhood and proximity to amenities. The property’s high-quality condition further enhances its attractiveness to families seeking a comfortable living environment in Vila Nova de Gaia.
Economic Sensitivity Risk: With an economic stability score of 70/100, fluctuations in the local economy could lead to decreased tenant demand affecting rental income stability.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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