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 61 m² on the 4th floor, built in 1998, energy rating B. Located on rua Ville de Langon, Canelas parish, Vila Nova de Gaia municipality, Porto district. This apartment offers two small balconies, enhancing natural light and outdoor enjoyment in addition to modern living spaces.
The asking price is above the fair value: €64,500 (29.6%) downside versus the asking price — the fair value is below the asking price. The estimated gross yield is 5%.
The asking price is above the fair value. Our fair value assessment combines the Transaction model, which utilizes real transaction data from 36 sales in Canelas, and the Adjusted asking-price model, which adjusts current listings to the sale level. We weigh these models at 55% and 45%, respectively, making conservative adjustments for costs to cure. The resulting fair value is €153,000, which is 29.6% below the asking price of €217,500. Our confidence in this valuation is high.
Gross yield 5% (before costs)
No specific strategy stands out for this property.
The asking price of €217,500 is significantly higher than the fair value of €153,000, indicating a notable downside of 29.6% against the asking price. While the property is in relatively good condition with a score of 84/100, the neighborhood has a lower score of 50/100, which may impact its overall value. Investors should carefully consider this disparity in valuation and the neighborhood's characteristics before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property is at risk due to both economic stability and tenant stability scores being at 50/100, indicating a potentially unstable rental market and tenant base.
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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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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