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.
3-bedroom, 2-bathroom apartment of 105 m², built in 1999, energy rating B. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Property ID: ZMPT589143 This apartment boasts a closed garage and independent laundry, enhancing practicality and convenience for everyday living in a desirable coastal location.
The valuation. The asking price of €350,000 is significantly above the fair value of €211,552, representing an excessive markup of €138,448 (39.6%). This property is consequently deemed overpriced.
Fair value modelled at €211,552 from the area baseline, adjusted for condition and location. Asking €350,000 sits €138,448 (39.6%) above — overpriced versus fair value.
Asking €350,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €350,700 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 70 · Materials 76 · Room dimensions 80). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Canidelo, Vila Nova de Gaia, Porto
Area baseline €350,700 + condition -€820 + location +€17,177 = modelled fair value of €211,552 (€2,015/m²), a €138,448 (39.6%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 82c790 | Subject | €350,000 | €3,333 | — | 70 | 72 |
| Madalena · 9372ff | Active | €350,000 | €2,823 | 15.3% | 70 | 66 |
| rua Velha dos Lagos, 185 | Active | €350,000 | €2,991 | 10.3% | 78 | 66 |
| rua do Aleixo, 82 | Active | €775,000 | €3,555 | 6.7% | 73 | 80 |
| rua da Ponte Nova, 13 | Active | €670,000 | €5,194 | 55.8% | 80 | 72 |
| Median comp | €510,000 | €3,273 | 1.8% | 76 | 69 |
Long-term rental The property is currently overpriced by 39.6%, making it a less attractive option for long-term rental strategies in the competitive Canidelo market. With a gross yield of only 4.2%, investors may struggle to achieve desirable returns on their investment. Family rental Given the high asking price of €350,000 compared to a fair value of €211,552, this property may not serve well as a family rental. The current valuation does not align with the potential rental income prospects in this suburban neighborhood. Buy-and-hold The purchase price exceeds fair market value, resulting in a verdict of overpriced, which diminishes the buy-and-hold appeal for this asset. Investors may find limited appreciation potential and suboptimal returns due to the high entry cost in a modestly rated area. Not ideal for The property is not suitable for the luxury market due to its pricing and condition score of 75/100, which detracts from its appeal to high-end clients. Additionally, it is unfit for short-term vacation rentals or student housing because the neighborhood ratings don’t support the expected demand for such accommodations.
Tenant turnover risk With a tenant stability score of 65, there is a significant risk of higher tenant turnover, potentially leading to increased vacancy rates and costs associated with finding new tenants.
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