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 99 m², built in 2003, energy rating C. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes a cozy fireplace in the living room and a private pantry that enhances storage and functionality for everyday living. Local Amenities: Positioned just 1.5 km from the beach and close to essential services, it offers a perfect blend of tranquility and accessibility.
The valuation. The asking price of €290,000 is significantly above fair value at €189,403, resulting in an excess of €100,597 (34.7%). This property is overpriced according to market analysis.
Fair value modelled at €189,403 from the area baseline, adjusted for condition and location. Asking €290,000 sits €100,597 (34.7%) above — overpriced versus fair value.
Asking €290,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €330,660 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 70 · Materials 68 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Canidelo, Vila Nova de Gaia, Porto
Area baseline €330,660 + condition -€7,889 + location +€13,251 = modelled fair value of €189,403 (€1,913/m²), a €100,597 (34.7%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 00157d | Subject | €290,000 | €2,929 | — | 70 | 68 |
| avenida Aliados, 65 | Active | €315,000 | €3,281 | 12.0% | 72 | 74 |
| rua da Bélgica | Active | €285,000 | €3,353 | 14.5% | 76 | 63 |
| travessa Tenente Valadim S / N | Active | €329,500 | €2,636 | 10.0% | 76 | 78 |
| Canidelo · 9374ae | Active | €310,000 | €3,039 | 3.8% | 75 | 73 |
| Median comp | €312,500 | €3,160 | 7.9% | 76 | 74 |
Family rental The property in Canidelo is overpriced at €290,000, significantly surpassing its fair value of €189,403 by 34.7%. Given its average condition and neighborhood rating, families may seek more competitive rental options within the area. Long-term rental With a gross yield of only 4.3%, this property does not present a compelling long-term rental investment given its high price relative to fair value. Investors might find better opportunities elsewhere in Greater Porto that offer more attractive yields and valuations. Buy-and-hold While buying the property could be considered for long-term holds, its current market price indicates it is overpriced and may struggle to appreciate sufficiently to justify the investment. The economic and amenity context of the area suggests that potential returns will be limited, making it a less favorable buy-and-hold strategy.
Economic Vulnerability The property may experience income volatility due to a moderate economic stability score of 70/100 and a tenant stability score of 65/100, indicating potential challenges in maintaining consistent rental income.
