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, 1-bathroom apartment of 110 m², built in 1992, energy rating C. Located on vereda 2 À Rua, 4, Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment features a dedicated garage space accommodating both a car and a motorcycle, adding convenience to its desirable location close to the beach and main access routes.
The valuation. The asking price of €315,000 is significantly above the fair value of €229,484, representing an overpriced situation by €85,516 or 27.1%. This discrepancy raises concerns about the investment's immediate financial viability.
Fair value modelled at €229,484 from the area baseline, adjusted for condition and location. Asking €315,000 sits €85,516 (27.1%) above — overpriced versus fair value.
Asking €315,000 versus the vereda 2 À Rua, 4 area baseline of €204,490 (€1,859/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 85 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
vereda 2 À Rua, 4
Area baseline €204,490 + condition +€9,453 + location +€15,541 = modelled fair value of €229,484 (€2,086/m²), a €85,516 (27.1%) gap versus the €315,000 asking price.
Long-term rental The 2-bed apartment in Canidelo is overpriced at €315,000, highlighting a significant gap of 27.1% from its fair value of €229,484. With a yield of only 3.9% gross and decent but not exceptional neighborhood amenities, this property may not provide adequate returns for long-term rental investors. Family rental Given the location's proximity to Porto, it could attract families; however, the asking price remains inflated. The potential for attracting tenants is present but may be compromised by the high entry cost and limited amenities in the suburban area. Buy-and-hold While the strategic location could suggest long-term value appreciation, the current price of €315,000 is significantly above the fair valuation of €229,484. Investors seeking to hold this property may find it challenging to realize satisfactory returns, given the existing yield and the current pricing dynamics. Not ideal for: Luxury market, Student housing, Short-term vacation rental
Economic Vulnerability The economic stability score of 70 indicates a moderate risk, suggesting that fluctuations could impact property value, particularly in downturns where tenant stability is also lower at 65, further stressing rental income reliability.
