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.
2-bedroom, 2-bathroom apartment of 108 m², built in 1999, energy rating C. Located Canelas parish, Vila Nova de Gaia municipality, Porto district. This apartment features a sunroom that provides abundant natural light and a seamless connection between the living space and kitchen, enhancing both comfort and functionality.
The valuation. The asking price of €269,000 exceeds fair value by €56,123 (20.9%), indicating the property is overpriced. This discrepancy suggests careful consideration is needed before proceeding with any potential investment.
Fair value modelled at €212,877 from the area baseline, adjusted for condition and location. Asking €269,000 sits €56,123 (20.9%) above — overpriced versus fair value.
Asking €269,000 versus the Canelas, Vila Nova de Gaia, Porto area baseline of €241,812 (€2,239/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 65 · Materials 72 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Canelas, Vila Nova de Gaia, Porto
Area baseline €241,812 + condition -€8,775 + location +€20,880 = modelled fair value of €212,877 (€1,971/m²), a €56,123 (20.9%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canelas · 6fbb75 | Subject | €269,000 | €2,491 | — | 65 | 76 |
| Mafamude e Vilar do Paraíso · 99f3ed | Active | €315,000 | €3,119 | 25.2% | 70 | 72 |
| Canelas · ba588b | Active | €269,000 | €2,135 | 14.3% | 72 | 73 |
| rua Nossa Senhora do Carmo | Active | €315,000 | €3,119 | 25.2% | 78 | 72 |
| rua Escola de Vila Chã, 243 | Active | €315,000 | €2,603 | 4.5% | 74 | 72 |
| Median comp | €315,000 | €2,861 | 14.9% | 73 | 72 |
Family rental The 2-bed apartment in Canelas is priced at €269,000, which is 20.9% higher than its fair value of €212,877. Given its yield of 3.4% gross, the property does not present an attractive investment opportunity for family rentals due to its overpriced status. Buy-and-hold Investing in the 2-bed apartment as a buy-and-hold strategy is not advisable since the property is listed at €269,000, significantly exceeding the fair value of €212,877. With a modest yield of 3.4% gross, this overpriced property may not yield the desired returns over the long term. Long-term rental The long-term rental potential for this 2-bed apartment in Canelas is hindered by its listing price of €269,000, which surpasses its fair value of €212,877 by 20.9%. As the property is overpriced and offers only a 3.4% gross yield, it may struggle to attract long-term tenants without offering incentives.
Economic Sensitivity Risk The economic stability score of 75/100 indicates a moderate risk of economic downturns impacting rental income, given that a score below 80 suggests potential vulnerability to market fluctuations.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by FrontPoint.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
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
