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 104 m², energy rating C. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment features a spacious living room that opens to a balcony, maximizing natural light and providing an ideal space for relaxation or entertaining.
The valuation. The asking price of €262,000 significantly exceeds the fair value of €205,956, indicating the property is overpriced by €56,044 (21.4%). This discrepancy suggests potential challenges for investors looking to achieve a profitable purchase.
Fair value modelled at €205,956 from the area baseline, adjusted for condition and location. Asking €262,000 sits €56,044 (21.4%) above — overpriced versus fair value.
Asking €262,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €347,360 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 72 · Materials 76 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Canidelo, Vila Nova de Gaia, Porto
Area baseline €347,360 + condition -€1,300 + location +€13,920 = modelled fair value of €205,956 (€1,980/m²), a €56,044 (21.4%) gap versus the €262,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 90d8ca | Subject | €262,000 | €2,519 | — | 72 | 68 |
| rua Joaquim Pereira Brandão | Active | €280,000 | €2,979 | 18.2% | 72 | 74 |
| vereda 2 À Rua, 4 | Active | €315,000 | €2,864 | 13.7% | 80 | 69 |
| Canidelo · 6d5577 | Active | €262,000 | €3,493 | 38.7% | 70 | 74 |
| rua Florbela Espanca | Active | €289,500 | €3,016 | 19.7% | 70 | 76 |
| Median comp | €284,750 | €2,998 | 19.0% | 71 | 74 |
Long-term rental This property, listed at €262,000, is overpriced by 21.4% compared to its fair value of €205,956, which undermines any potential long-term yield benefits. With a gross yield of only 4.6% and a neighborhood score of 68/100, the property does not align with optimal market expectations for long-term rental success. Family rental While the property offers suitable space as a 2-bed apartment, its overpriced status makes it less appealing for family rentals in a moderately rated area. The combination of a 4.6% yield and a neighborhood rating of 68 suggests limited potential for attracting families seeking value for their housing budget. Buy-and-hold Investing in this property as a buy-and-hold strategy appears risky due to its current listing being 21.4% above fair value. The gross yield of 4.6% and the average condition score of 74/100 do not justify the investment when considering potential appreciation and market dynamics in the future.
Economic downturn risk A high economic stability score of 75/100 may not be sufficient to mitigate risks related to the lower tenant stability score of 60/100, indicating potential risks in occupancy rates and rental income stability.
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