The Park Canelas

Under Construction

Vila Nova de Gaia, Canelas

Listed 2 weeks ago Delivery 2026
/ 4
The Park Canelas

About

The Park Canelas is a residential development of 47 apartments in the heart of Canelas, Vila Nova de Gaia, on the south bank of the Douro across from Porto. Conceived as a conversion of an existing residential building, the project pairs contemporary architecture with bright, well-distributed interiors and high-quality finishes. Homes are offered across Studio, 1BR, 2BR and 3BR typologies, suiting a range of buyers from individuals to families, with two-bedroom units from around €270,000. The location provides easy access to everyday amenities — shops, restaurants, schools and green leisure areas — in a calm and welcoming setting. Prices range from €270,000 to €425,000. Delivery is scheduled for 2026. Developed by Invicta Park Capital.

Price / m²
€2,286 – €3,989
Price Range
€270k – €425k
Area Range
84 – 160 m²
Units
30 / 47

Amenities

Parking Garden Balcony Air Conditioning Storage
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€/m² vs. peer median

-31.2% vs. 4,072€/m²

Priced below peers — competitive for the area.

Geminus Nova Gaia Moradias em Grijó Unique Mar Residence II Splendouro Marina Houses Genuíno Vista Mar Chieiras I Edifício ELLE Condomínio Blue Village Madalena Genuíno Santa Marinha Rochio Moradia em S. Félix One Living 8 WHITE by LGPlano Moradia na Madalena Condominio Francelos Miramar IV Carvalhos Village Gramoínhos Living Garden Park Plaza Genuíno São Félix Villas WHITE 2 by LGPlano Candeias Residence House São Félix Gaia Premium Quinta de Vilares Privilege Gaia Edifício Haven Bluesky Praia de Canidelo Mariani III Edifício Collegium Douro Nobilis - River View Villas Augusta Estamparia Villas Eleven Scala Mare Gaia Status The Park @Madalena MUBU Lavanda Living River Line Oceans Living Prime Living Rasa 503 Madalena Vista Mar Jardim das Flores The Prime Herdade de Vilar Serra do Pilar Jardins da Seara Gaia Hills - River Urban Living Ocean Garden Villa Le Parc Quadra Descobrimentos - Edifício Pacífico Gaia Hills Agora Gaia Hills Parque Jardim da Oliveira V Arsil 9 NEXT 4 Gaya Douro Living Six Ocean Residence Miramar Gardens Madalena Vila Mar Douro 65 Hilcrown Gaia Residence Mare Villas The Breeze Park Square The Yard Side Avenue The Yard Next Atlantic Natura Tetris 1º de Maio Residents The Urban Yard Lurion Residences Gaia Smart Living Gaia Hills Mira 20 São Paio Lote 4 The Atlantis Pescaria The Grand Splendouro Quinta Marques Gomes Fervença Palace Atlantic View La Residence Athos Majestic Beach Residence Sal D'Ouro Coast Sal D'Ouro Horizon Marina Douro Land Roots River Apartments LYNQ Edifício Cândido dos Reis Living Sea III Altantic Villas

Peer median 4,072€

This project · 2,800€

Vila Nova de Gaia median over time

2,895€ 2,310€ 1,725€
2,060€ 1,575€ 1,089€
·
2021 2022 2023 2024 2025
2021 2022 2023 2024 2025

Geminus

1,789€/m² -56.1%

Nova Gaia

1,875€/m² -54.0%

Moradias em Grijó

1,885€/m² -53.7%

Unique Mar Residence II

2,080€/m² -48.9%

Splendouro Marina Houses

2,090€/m² -48.7%

Genuíno Vista Mar

2,283€/m² -43.9%

Chieiras I

2,323€/m² -43.0%

Edifício ELLE

2,356€/m² -42.1%

Condomínio Blue Village Madalena

2,384€/m² -41.5%

Genuíno Santa Marinha

2,418€/m² -40.6%

Rochio

2,446€/m² -39.9%

Moradia em S. Félix

2,462€/m² -39.5%

One Living 8

2,476€/m² -39.2%

WHITE by LGPlano

2,485€/m² -39.0%

Moradia na Madalena

2,500€/m² -38.6%

Condominio Francelos

2,521€/m² -38.1%

Miramar IV

2,529€/m² -37.9%

Carvalhos Village

2,532€/m² -37.8%

Gramoínhos Living

2,543€/m² -37.6%

Garden Park Plaza

2,623€/m² -35.6%

Genuíno São Félix Villas

2,636€/m² -35.3%

WHITE 2 by LGPlano

2,648€/m² -35.0%

Candeias Residence

2,788€/m² -31.5%

House São Félix

2,810€/m² -31.0%

Gaia Premium

2,816€/m² -30.8%

Quinta de Vilares

2,825€/m² -30.6%

Privilege Gaia

2,854€/m² -29.9%

Edifício Haven

2,878€/m² -29.3%

Bluesky Praia de Canidelo

2,993€/m² -26.5%

Mariani III

3,000€/m² -26.3%

Edifício Collegium

3,091€/m² -24.1%

Douro Nobilis - River View

3,169€/m² -22.2%

Villas Augusta

3,182€/m² -21.9%

Estamparia Villas

3,192€/m² -21.6%

Eleven

3,295€/m² -19.1%

Scala Mare

3,305€/m² -18.8%

Gaia Status

3,333€/m² -18.1%

The Park @Madalena

3,333€/m² -18.1%

MUBU

3,375€/m² -17.1%

Lavanda Living

3,428€/m² -15.8%

River Line

3,507€/m² -13.9%

Oceans Living

3,520€/m² -13.5%

Prime Living

3,593€/m² -11.8%

Rasa 503

3,633€/m² -10.8%

Madalena Vista Mar

3,643€/m² -10.5%

Jardim das Flores

3,695€/m² -9.3%

The Prime

3,696€/m² -9.2%

Herdade de Vilar

3,803€/m² -6.6%

Serra do Pilar

3,806€/m² -6.5%

Jardins da Seara

3,858€/m² -5.3%

Gaia Hills - River Urban Living

3,864€/m² -5.1%

Ocean Garden Villa

3,917€/m² -3.8%

Le Parc

3,921€/m² -3.7%

Quadra

3,929€/m² -3.5%

Descobrimentos - Edifício Pacífico

3,949€/m² -3.0%

Gaia Hills Agora

4,002€/m² -1.7%

Gaia Hills Parque

4,016€/m² -1.4%

Jardim da Oliveira V

4,032€/m² -1.0%

Arsil 9

4,055€/m² -0.4%

NEXT 4

4,103€/m² +0.8%

Gaya Douro Living

4,133€/m² +1.5%

Six Ocean Residence

4,166€/m² +2.3%

Miramar Gardens

4,181€/m² +2.7%

Madalena Vila Mar

4,196€/m² +3.1%

Douro 65

4,222€/m² +3.7%

Hilcrown Gaia Residence

4,234€/m² +4.0%

Mare Villas

4,280€/m² +5.1%

The Breeze

4,348€/m² +6.8%

Park Square

4,423€/m² +8.6%

The Yard

4,430€/m² +8.8%

Side Avenue

4,459€/m² +9.5%

The Yard Next

4,500€/m² +10.5%

Atlantic Natura

4,512€/m² +10.8%

Tetris

4,519€/m² +11.0%

1º de Maio Residents

4,556€/m² +11.9%

The Urban Yard

4,649€/m² +14.2%

Lurion Residences

4,706€/m² +15.6%

Gaia Smart Living

4,802€/m² +17.9%

Gaia Hills

4,811€/m² +18.1%

Mira 20

4,860€/m² +19.4%

São Paio Lote 4

4,902€/m² +20.4%

The Atlantis

4,906€/m² +20.5%

Pescaria

4,952€/m² +21.6%

The Grand Splendouro

5,057€/m² +24.2%

Quinta Marques Gomes

5,112€/m² +25.5%

Fervença Palace

5,204€/m² +27.8%

Atlantic View

5,208€/m² +27.9%

La Residence Athos

5,366€/m² +31.8%

Majestic Beach Residence

5,523€/m² +35.6%

Sal D'Ouro Coast

5,581€/m² +37.1%

Sal D'Ouro Horizon

5,788€/m² +42.1%

Marina Douro

5,885€/m² +44.5%

Land Roots River Apartments

5,929€/m² +45.6%

LYNQ

5,978€/m² +46.8%

Edifício Cândido dos Reis

6,062€/m² +48.9%

Living Sea III

6,540€/m² +60.6%

Altantic Villas

17,568€/m² +331.4%

Median = pooled unit prices from 97 tracked new-build projects in Vila Nova de Gaia. Hover any dot for details. Source: INE rolling 12-month transaction prices for Vila Nova de Gaia. Hover the chart for details.

Local supply

16 new dwellings licensed · Canelas · 2024

This project has 30 unit total — 100.0% of all new dwellings licensed in the area.

  • 2BR 1 zone 14 here 100.0%
  • 3BR 15 zone 16 here 100.0%

Location & neighbourhood

Canelas, Vila Nova de Gaia

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Independent guidance
Second opinion on this project?
Numeralis is free. Our in-house team gives you independent guidance, visits the property to run on-site quality control, and covers notary and registry when you close (~€1,000 value).

Units

30 units · 30 available (100%) · €2,286–3,989/m²

NMR-0459-001
Available
Price €270,000
Area 103 m²
€/m² €2,621
Bed / Bath 2 / 1
NMR-0459-002
Available
Price €275,000
Area 94 m²
€/m² €2,926
Bed / Bath 2 / 1
NMR-0459-003
Available
Price €275,000
Area 102 m²
€/m² €2,696
Bed / Bath 2 / 1
NMR-0459-004
Available
Price €275,000
Area 107 m²
€/m² €2,570
Bed / Bath 2 / 2
NMR-0459-005
Available
Price €285,000
Area 112 m²
€/m² €2,545
Bed / Bath 2 / 1
NMR-0459-007
Available
Price €280,000
Area 89 m²
€/m² €3,146
Bed / Bath 2 / 2
NMR-0459-008
Available
Price €285,000
Area 84 m²
€/m² €3,393
Bed / Bath 2 / 1
NMR-0459-009
Available
Price €295,000
Area 84 m²
€/m² €3,512
Bed / Bath 2 / 1
NMR-0459-010
Available
Price €305,000
Area 112 m²
€/m² €2,723
Bed / Bath 2 / 2
NMR-0459-011
Available
Price €290,000
Area 87 m²
€/m² €3,333
Bed / Bath 2 / 1
NMR-0459-012
Available
Price €295,000
Area 101 m²
€/m² €2,921
Bed / Bath 2 / 1
NMR-0459-024
Available
Price €270,000
Area 88 m²
€/m² €3,068
Bed / Bath 2 / 1
NMR-0459-028
Available
Price €270,000
Area 104 m²
€/m² €2,596
Bed / Bath 2 / 1
NMR-0459-006
Available
Price €280,000
Area 102 m²
€/m² €2,745
Bed / Bath 2 / 2
NMR-0459-013
Available
Price €310,000
Area 134 m²
€/m² €2,313
Bed / Bath 3 / 2
NMR-0459-014
Available
Price €340,000
Area 121 m²
€/m² €2,810
Bed / Bath 3 / 2
NMR-0459-015
Available
Price €350,000
Area 138 m²
€/m² €2,536
Bed / Bath 3 / 2
NMR-0459-016
Available
Price €360,000
Area 120 m²
€/m² €3,000
Bed / Bath 3 / 2
NMR-0459-017
Available
Price €365,000
Area 136 m²
€/m² €2,684
Bed / Bath 3 / 2
NMR-0459-018
Available
Price €375,000
Area 94 m²
€/m² €3,989
Bed / Bath 3 / 2
NMR-0459-019
Available
Price €380,000
Area 121 m²
€/m² €3,141
Bed / Bath 3 / 2
NMR-0459-020
Available
Price €395,000
Area 160 m²
€/m² €2,469
Bed / Bath 3 / 2
NMR-0459-021
Available
Price €405,000
Area 143 m²
€/m² €2,832
Bed / Bath 3 / 2
NMR-0459-022
Available
Price €405,000
Area 153 m²
€/m² €2,647
Bed / Bath 3 / 2
NMR-0459-023
Available
Price €425,000
Area 139 m²
€/m² €3,058
Bed / Bath 3 / 2
NMR-0459-025
Available
Price €320,000
Area 140 m²
€/m² €2,286
Bed / Bath 3 / 2
NMR-0459-026
Available
Price €365,000
Area 112 m²
€/m² €3,259
Bed / Bath 3 / 2
NMR-0459-027
Available
Price €385,000
Area 139 m²
€/m² €2,770
Bed / Bath 3 / 2
NMR-0459-029
Available
Price €345,000
Area 113 m²
€/m² €3,053
Bed / Bath 3 / 2
NMR-0459-030
Available
Price €385,000
Area 138 m²
€/m² €2,790
Bed / Bath 3 / 2

Mortgage Simulator

Default: cheapest of 30 units — drag for larger units in this project

Your case
% ·
%

Portugal national rate · 2026-05-31

years

Estimated monthly payment

on a loan

Financing

Property price
Down payment · 20%
Loan amount

One-off costs at purchase

IMT
20,250€
Stamp duty (IS)
2,160€
Notary & registry
Free with Numeralis 1,000€

Estimated monthly rent

720€

INE Canelas · 2024

Not sure which regime applies? Talk to our tax team.

Financing partner Caixa Geral de Depósitos

Estimates only. Excludes life insurance.

Numeralis

Data-driven insights for off-plan real estate investors.

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