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.
1-bedroom, 1-bathroom apartment of 45 m², energy rating D. Located on rua Delfim Lima, Canelas parish, Vila Nova de Gaia municipality, Porto district. The property includes a significant storage annex of approximately 18 m², versatile for various uses such as a small office or bike storage, enhancing its investment appeal.
The asking price of €187,000 is above our fair value of €177,000, indicating the property is overpriced. The confidence in this fair value is low. The estimated gross yield is 4.6% (approximately €717 per month).
The fair value of this property is determined using a combination of two models. The Transaction model, based on real transaction data in Canelas, contributes 55%, while the Adjusted asking-price model, reflecting current listings, contributes 45%. For this property, no conservative adjustments were applied. The result is that the asking price is above the fair value, showing €10,000 (5.4% downside vs the asking price). The confidence in this assessment is low.
Gross yield 4.6% (before costs)
No specific strategy stands out for this property.
The pricing of this 1-bed apartment in Canelas, Vila Nova de Gaia, should be carefully considered as it currently stands at €187,000, which is above the assessed fair value of €177,000, indicating a 5.4% downside. The property's condition is rated moderately at 78/100, but the neighborhood score is lower at 50/100, suggesting potential concerns about local market dynamics. Therefore, the asking price is above the fair value, and investors should weigh these factors when evaluating this opportunity.
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 mixed environment that may lead to increased vacancy and reduced rental income. Fair value certainty risk The fair value estimated at €177,000 comes with low confidence, attributed to the absence of real transaction data and significant discrepancies between estimates, leading to uncertainty in valuation accuracy.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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