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 251 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 Feature: The penthouse boasts a remarkable 56.23 m² balcony, offering panoramic views of the sea, Douro River, and Porto, enhancing both outdoor living and visual appeal.
The valuation. The asking price of €1,300,000 is positioned at 8.1% below the fair value of €1,414,775. This indicates a balanced investment opportunity that aligns well with current market expectations.
Fair value modelled at €1,414,775 from 6 comparable sales in the area. Asking €1,300,000 sits €114,775 (8.1%) below — the upside to fair value.
Asking €1,300,000 versus the rua de António Henriques Correia da Silva area baseline of €1,242,999 (€4,952/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 €1,242,999, adjusted for condition and micro-location, gives a modelled fair value of €1,414,775 (€5,637/m²), a €114,775 (8.1%) gap versus the €1,300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de António Henriques Correia da Silva | Subject | €1,300,000 | €5,179 | — | 92 | 68 |
| Santa Marinha e São Pedro da Afurada · 9116cb | Active | €745,000 | €5,000 | 3.5% | 77 | 73 |
| avenida Afonso de Albuquerque, 240 | Active | €760,000 | €6,552 | 26.5% | 87 | 80 |
| Santa Marinha e São Pedro da Afurada · 483b31 | Active | €850,000 | €5,782 | 11.6% | 85 | 75 |
| rua de Bartolomeu Velho | Active | €895,000 | €5,491 | 6.0% | 79 | 70 |
| Median comp | €805,000 | €5,637 | 8.8% | 82 | 74 |
Family rental The 4-bed penthouse in Canidelo is well-suited for family rentals, providing ample space and a quality score of 86/100 for its condition. However, with a gross yield of only 2.3% and a fair value gap of 8.1%, it is priced fairly, offering limited investment return potential for family-oriented housing. Long-term rental This property can serve as a long-term rental investment due to its suburban location in Vila Nova de Gaia and proximity to Porto, appealing to long-term tenants looking for space and accessibility. With a fair valuation of €1,414,775, the modest yield of 2.3% suggests that while the investment is fairly priced, it may not generate significant cash flow over the long run. Buy-and-hold As a buy-and-hold investment, this penthouse offers the potential for value appreciation over time, given its good transit options and favorable condition score. Although it has been assessed as fairly priced, the 2.3% yield indicates that short-term cash flow may be limited, which investors should factor into their long-term strategy.
Economic Pressure on Tenants The tenant stability score of 65/100 indicates potential challenges in maintaining consistent rental income, as economic instability may lead to higher turnover and vacancies.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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