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, 3-bathroom apartment of 126 m², built in 2020, energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment features a 39 m² west-facing balcony providing unobstructed views of the condominium gardens and the meeting of the River and the Sea, perfect for tranquil evenings.
The valuation. The asking price of €850,000 is significantly above the fair value of €269,660, representing an overpriced condition of €580,340 (68.3%). This disparity indicates a potential risk for investors looking to acquire at this price. Buy-to-flip angle. With a high-quality finish, the property may attract buyers willing to pay a premium, but its current valuation may hinder a profitable resale. The strategy could involve sourcing a buyer at a lower acquisition price to achieve better margins. Buy-to-let angle. A gross yield of 1.9% with an estimated rental income of €1,346/month indicates limited cash flow potential for long-term investors. The strategy may focus on family rentals, although the pricing may restrict tenant demand.
Fair value modelled at €269,660 from the area baseline, adjusted for condition and location. Asking €850,000 sits €580,340 (68.3%) above — overpriced versus fair value.
Asking €850,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €415,422 (€3,297/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 88 · Materials 90 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Canidelo, Vila Nova de Gaia, Porto
Area baseline €415,422 + condition +€15,750 + location +€19,676 = modelled fair value of €269,660 (€2,140/m²), a €580,340 (68.3%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · b7b4ed | Subject | €850,000 | €6,746 | — | 88 | 71 |
| rua Pedra Torta | Active | €825,000 | €4,188 | 37.9% | 90 | 67 |
| Santa Marinha e São Pedro da Afurada · bf27b5 | Active | €630,000 | €4,846 | 28.2% | 78 | 72 |
| Lordelo do Ouro e Massarelos · 956a9f | Active | €900,000 | €7,826 | 16.0% | 78 | 76 |
| rua Calisto S / N | Active | €625,000 | €4,085 | 39.4% | 80 | 75 |
| Median comp | €727,500 | €4,517 | 33.0% | 79 | 74 |
Long-term rental The property’s yield of 1.9% gross indicates it may not meet the investment criteria for sustainable long-term rental returns. Given its significant gap versus fair value of 68.3%, this apartment is overpriced and lacks the appeal for an effective long-term rental strategy. Buy-and-hold With a fair value of €269,660 compared to the listing price of €850,000, the investment does not align with a favorable buy-and-hold strategy. The projected growth in value does not justify the current overpriced status, as it could tie up capital without adequate returns over the long term. Family rental Despite being situated in a decent neighbourhood with a rating of 71/100, the high listing price poses a significant concern for family rental prospects. The gap from fair value demonstrates that this investment option is overpriced, deterring families seeking affordable accommodation.
Tenant Turnover Risk The tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and potential loss of income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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