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 100 m², built in 2008. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Unique Feature: This ground floor apartment in Canidelo enjoys direct access to communal gardens, enhancing outdoor living and privacy while being just a short stroll from the beach.
The valuation. The asking price of €350,000 is €144,815, or 41.4%, above the fair value of €205,185, indicating that this property is overpriced. Value comparisons reveal significant disparity in pricing relative to market standards.
Fair value modelled at €205,185 from the area baseline, adjusted for condition and location. Asking €350,000 sits €144,815 (41.4%) above — overpriced versus fair value.
Asking €350,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €334,000 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 74 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 70 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Canidelo, Vila Nova de Gaia, Porto
Area baseline €334,000 + condition +€5,156 + location +€14,128 = modelled fair value of €205,185 (€2,052/m²), a €144,815 (41.4%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 001c12 | Subject | €350,000 | €3,500 | — | 74 | 69 |
| Lordelo do Ouro e Massarelos · 96c429 | Active | €525,000 | €4,268 | 22.0% | 70 | 81 |
| Madalena · 4202c3 | Active | €279,900 | €2,499 | 28.6% | 75 | 70 |
| Canidelo · 9374ae | Active | €310,000 | €3,039 | 13.2% | 75 | 73 |
| rua da Bélgica | Active | €285,000 | €3,353 | 4.2% | 76 | 63 |
| Median comp | €297,500 | €3,196 | 8.7% | 75 | 72 |
Long-term rental The 2-bed apartment in Canidelo is overpriced at €350,000, significantly exceeding its fair value of €205,185, creating a notable gap of 41.4%. At a gross yield of 4%, this investment fails to align with a favorable long-term rental strategy, especially given the suburban location and neighbourhood scores. Family rental While the apartment's condition is decent at 78/100, the overpricing at €350,000 compared to the fair value of €205,185 suggests that families seeking rental options may not find it appealing. The neighbourhood rating of 69/100 poses additional challenges in attracting suitable tenants willing to meet the current price. Buy-and-hold The high asking price of €350,000 against the fair value of €205,185 indicates that this asset is not a viable buy-and-hold strategy, likely leading to poor long-term appreciation. The suburban area near Porto and average neighbourhood scores further diminish its investment attractiveness over time.
Economic volatility risk The economic stability score of 70/100 indicates a moderate risk of fluctuations in economic conditions that could affect tenants' ability to pay rent, while a tenant stability score of 65/100 suggests potential challenges in maintaining consistent tenant occupancy.
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