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, 3-bathroom penthouse of 253 m² on the 5th floor, energy rating A. Located on rua de António Henriques Correia da Silva, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: Enjoy unparalleled outdoor living with a 40.64 m² balcony that offers panoramic views of the sea, Douro River, and Porto city, enhancing both privacy and exclusivity.
The valuation. The asking price of €1,275,000 is below the fair value of €1,426,048, reflecting a potential discount of €151,048 (10.6%). This positions the property as an attractive investment opportunity. Buy-to-flip angle. The penthouse offers a strong resale potential given its premium features and desirable location, making it suitable for a buy-to-flip strategy. Slight renovations could further enhance its appeal and resale value. Buy-to-let angle. The estimated rental income of €2,338/month yields a gross return of 2.2%, suitable for a long-term buy-and-hold strategy in a neighborhood near Porto's economic center. Family rentals could thrive due to the property’s luxurious finishes and spacious layout.
Fair value modelled at €1,426,048 from 6 comparable sales in the area. Asking €1,275,000 sits €151,048 (10.6%) below — the upside to fair value.
Asking €1,275,000 versus the rua de António Henriques Correia da Silva area baseline of €1,267,589 (€5,010/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 €1,267,589, adjusted for condition and micro-location, gives a modelled fair value of €1,426,048 (€5,637/m²), a €151,048 (10.6%) gap versus the €1,275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de António Henriques Correia da Silva | Subject | €1,275,000 | €5,040 | — | 93 | 75 |
| Santa Marinha e São Pedro da Afurada · 9116cb | Active | €745,000 | €5,000 | 0.8% | 77 | 73 |
| avenida Afonso de Albuquerque, 240 | Active | €760,000 | €6,552 | 30.0% | 87 | 80 |
| Santa Marinha e São Pedro da Afurada · 483b31 | Active | €850,000 | €5,782 | 14.7% | 85 | 75 |
| rua de Bartolomeu Velho | Active | €895,000 | €5,491 | 9.0% | 79 | 70 |
| Median comp | €805,000 | €5,637 | 11.8% | 82 | 74 |
Long-term rental This 4-bed penthouse in Canidelo presents a strategic opportunity for long-term rental given its fair value of €1,426,048, indicating it is currently priced at a 10.6% discount. The location's proximity to Porto enhances tenant demand, despite a reasonable but not premium neighborhood rating of 75/100. Buy-and-hold The property's fair value suggests it offers potential for capital appreciation over time, making it an appealing buy-and-hold investment despite the current gross yield of 2.2%. Its solid condition rating of 86/100 alongside the positive economic factors of the surrounding area positions it well for future value growth. Family rental The spacious layout of the penthouse makes it an ideal family rental, and the fair value indicates that it is currently subpriced in the market. The combination of proximity to Porto and a decent neighborhood score supports stable occupancy rates from families looking for residential stability. Not ideal for: Student housing Given the family-oriented features and rental dynamics, this property is not suitable for student housing, where demand gravitates towards lower-cost, smaller units. Not ideal for: Short-term vacation rental The current pricing and neighborhood conditions suggest that this property is less favorable for short-term vacation rentals, which typically require a more vibrant local appeal and amenities.
Potential tenant turnover The tenant stability score of 70/100 suggests a risk of increased turnover, which can lead to higher vacancy rates and related expenses.
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