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 75 m². Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment boasts a sunlit living room with a balcony that enhances its spacious feel and a well-equipped kitchen ideal for cooking enthusiasts.
The valuation. The property is listed at €262,000, which exceeds the fair value of €150,232 by €111,768 (42.7%). This indicates that the asking price is considerably overpriced.
Fair value modelled at €150,232 from the area baseline, adjusted for condition and location. Asking €262,000 sits €111,768 (42.7%) above — overpriced versus fair value.
Asking €262,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €139,425 (€1,859/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Canidelo, Vila Nova de Gaia, Porto
Area baseline €139,425 + condition -€2,578 + location +€13,385 = modelled fair value of €150,232 (€2,003/m²), a €111,768 (42.7%) gap versus the €262,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 6d5577 | Subject | €262,000 | €3,493 | — | 70 | 74 |
| Canidelo · 90d8ca | Active | €262,000 | €2,519 | 27.9% | 72 | 68 |
| rua Parque da República, 13 | Active | €285,000 | €3,167 | 9.4% | 76 | 71 |
| rua Joaquim Pereira Brandão | Active | €280,000 | €2,979 | 14.7% | 72 | 74 |
| Santa Marinha e São Pedro da Afurada · 4a7d11 | Active | €225,000 | €3,358 | 3.9% | 74 | 79 |
| Median comp | €271,000 | €3,073 | 12.0% | 73 | 73 |
Long-term rental This 2-bed apartment in Canidelo is overpriced at €262,000 compared to the fair value of €150,232, leading to a significant gap of 42.7% that limits its potential for long-term rentals. Given the 4.1% gross yield and the condition and neighborhood ratings, this investment could struggle to attract tenants at the current asking price. Buy-and-hold Investing in this apartment with a listing price of €262,000 does not align well with its fair market value of €150,232, creating a 42.7% discrepancy that makes it an unattractive buy-and-hold asset. Even with the favorable economic situation in Portugal, the current valuation undermines the potential for long-term appreciation and returns. Family rental While suitable as a family rental, the asking price of €262,000 significantly exceeds its fair value of €150,232, presenting a 42.7% markup that may deter potential renters. The apartment's yield of 4.1% and the overall condition and neighborhood ratings suggest that the investment is unlikely to provide desirable returns in this category.
Economic downturn risk With an economic stability score of 70/100, there is a moderate risk of economic downturns affecting rental demand and property values.
