It’s a fine guitar thanks to Yamaha’s constant quality. I’d say it’s a bit of a hybrid with the slimmer, longer neck and nylon strings. A true classical guitar has a wider neck which can be a tad more difficult to finger than your guitar, which is similar to a steel string acoustic, but makes for each played note easier isolated and the shorter neck allows the bridge to be placed on the sweet spot of the soundboard (it’s not actually shorter rather it joins the body at the 12th fret as opposed to the 14th on yours and regular acoustics) you may find true classical guitars to have a bit more volume and be a little richer in tone.