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 apartment of 183 m², energy rating E. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This property's garage accommodates five vehicles, a rarity in the region, while the terrace has significant deferred maintenance, impacting outdoor living potential.
The asking price is above the fair value: the fair value is €57,000 (19.3%) inferior to the asking price — 19.3% downside versus the asking price. The estimated gross yield is 8.3% (~€2,040/month estimated). Condition and neighbourhood assessment. The condition of the property is rated at 63/100, reflecting standard quality materials throughout, alongside some dated elements and exterior wear. The neighbourhood quality is rated at 50/100, indicating it is mixed.
This property's fair value is determined using a combination of two models: the Transaction model, which relies on 179 recorded sales in Canidelo, and the Adjusted asking-price model, based on current listings with adjusted prices. The Transaction model accounts for 55% while the Adjusted model makes up 45%. Conservative adjustments for factors like area and cost to remedy assessed conditions reveal a fair value of €238,000, which is 19.3% below the asking price of €295,000. Therefore, the asking price is above the fair value. Confidence in this assessment is high.
Gross yield 8.3% (before costs)
No specific strategy stands out for this property.
The asking price of €295,000 is significantly above the fair value of €238,000, indicating a 19.3% downside relative to the asking price. Additionally, the property's condition is rated at 63 out of 100, and it is situated in a neighborhood scoring 50 out of 100, suggesting potential concerns about its overall investment appeal despite a gross yield of 8.3%. Investors should carefully evaluate these factors before proceeding with any interest in the property.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk: The property has low economic and tenant stability scores of 50/100, indicating potential challenges in maintaining consistent income and occupancy rates. Data quality risk: The listings for this property do not agree, which may lead to confusion and uncertainty regarding its true status and attributes.
Grade DFindings: 1
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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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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