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 115 m² on the 1st floor, built in 1990, energy rating C. Located on vereda 2 À Rua, 4, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment boasts three facades enhancing its natural light and offers a community room suitable for meetings or events, adding convenience for residents.
The valuation. The asking price of €315,000 is significantly above the fair value of €235,609, reflecting an overpricing of €79,391 (25.2%). This discrepancy suggests investors should approach with caution.
Fair value modelled at €235,609 from the area baseline, adjusted for condition and location. Asking €315,000 sits €79,391 (25.2%) above — overpriced versus fair value.
Asking €315,000 versus the vereda 2 À Rua, 4 area baseline of €384,100 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 65 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
vereda 2 À Rua, 4
Area baseline €384,100 + condition +€2,156 + location +€19,668 = modelled fair value of €235,609 (€2,049/m²), a €79,391 (25.2%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| vereda 2 À Rua, 4 | Subject | €315,000 | €2,739 | — | 72 | 73 |
| rua Oliveiras | Active | €350,000 | €2,518 | 8.1% | 72 | 78 |
| rua Manuel Moreira Barros, 618 | Active | €390,000 | €3,545 | 29.4% | 77 | 74 |
| Canidelo · 9374ae | Active | €310,000 | €3,039 | 11.0% | 75 | 73 |
| rua do Agueiro, 294 | Active | €345,000 | €3,053 | 11.5% | 70 | 78 |
| Median comp | €347,500 | €3,046 | 11.2% | 74 | 76 |
Long-term rental The 2-bed apartment in Canidelo is overpriced at €315,000, which exceeds the fair value by 25.2%, leading to limited potential for appreciation. With a gross yield of only 4.1%, it may not be an attractive choice for long-term tenants considering the high costs relative to their income. Buy-and-hold Investing in this property as a buy-and-hold strategy may prove challenging due to its overvaluation at €315,000, surpassing its fair value of €235,609. The anticipated return of 4.1% gross yield does not sufficiently compensate for the purchasing price, making capital growth unlikely. Family rental Targeting families might be complicated because the property's price of €315,000 places it above fair value by 25.2%. While the condition and neighborhood ratings are decent, the elevated cost could deter prospective family renters from committing to what may seem like an overpriced option.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of turnover, which could lead to increased vacancy rates and additional costs for re-letting the property.
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