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, 2-bathroom apartment of 141 m² on the 1st floor, energy rating B. Located on rua D. Lima, Canelas parish, Vila Nova de Gaia municipality, Porto district. The apartment features high-quality CGI kitchen and bathroom images, indicating a modern aesthetic likely not yet realized in the actual spaces, emphasizing its renovated status.
The asking price sits at €295,000, which is above our fair value of €249,000, indicating a downside of 15.5% against the asking price; confidence in this fair value is medium.
The property's fair value is determined using a blend of two models: the Transaction model, which considers 43 real transaction records in the parish of Canelas, contributing 55%, and the Adjusted asking-price model focusing on current listings, contributing 45%. We apply conservative adjustments based on area and composition, estimating a fair value of €249,000, which is 14.9% below the central estimate. In comparison, the asking price stands at €295,000, making the asking price above the fair value by €46,000. Thus, the asking price is above the fair value, indicating a medium confidence level in this assessment.
Gross yield 6.3% (before costs)
This 3-bed apartment in Canelas, Vila Nova de Gaia is listed at €295,000, which presents a 15.5% downside compared to its fair value of €249,000, indicating that the asking price is above the fair value. Despite its solid rental income potential reflected by a gross yield of 6.3%, the property's overall value is not aligned with its price, meriting cautious consideration. The apartment is in fair condition with a score of 80/100, but located in a neighbourhood rated only 50/100, suggesting limited appeal compared to other locations. Therefore, potential investors should weigh the attractive yield against the overvaluation in the current market context.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic and tenant stability scores of 50/100 suggest a moderate level of risk in both economic performance and tenant retention, potentially affecting rental income stability. Fair value certainty risk The medium confidence in the fair value of €249,000 indicates some uncertainty, compounded by the lack of available micro-location transaction data, which may lead to discrepancies in valuation assessment.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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.
Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
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
