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, 1-bathroom house of 123 m², built in 1937, energy rating D. Located on rua Pedra Alta, Canidelo parish, Vila Nova de Gaia municipality, Porto district. The property features a modern rooftop terrace ideal for entertaining, contrasting with its interior that requires significant moisture remediation and fixture upgrades.
The asking price of €249,500 for this property exceeds its fair value of €190,000, indicating that the asking price is above the fair value and the property is overpriced by €59,500, or 23.8% downside versus the asking price. The estimated gross yield is 6.3%, providing additional context for consideration.
The asking price is above the fair value. This property's fair value was established using a weighted blend of the Transaction model, which relies on real transaction data from 102 sales in Canidelo, accounting for 70% of the valuation, and the Adjusted asking-price model, representing the remaining 30%. Conservative adjustments were made for costs to cure, resulting in a fair value of €190,000, which is 11.5% below the central estimate of €215,000. The asking price of €249,500 is significantly higher, showing a 23.8% downside compared to its fair value. Confidence in this assessment is high.
Gross yield 6.3% (before costs)
No specific strategy stands out for this property.
Investors should weigh the significant downside of 23.8% against the asking price compared to the fair value, indicating the house is overpriced at €249,500. Additionally, the property’s condition is rated 57/100 and its location is rated 50/100, which may impact its desirability and future appreciation. These factors suggest that the property's market price does not align with its perceived value and condition, warranting careful consideration.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and tenant stability score of 50/100 indicate a potentially unstable investment environment, which may affect rental income and property value stability.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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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.
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