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, 3-bathroom duplex of 142 m², energy rating D. Located on rua Nova do Espinheiro, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Distinctive Feature: The property boasts a large covered terrace with condominium approval for glass curtain installation, enhancing year-round usability and outdoor living space. Additional Feature: Residents benefit from a planned playground in the private garden area.
The valuation. The asking price of €420,000 exceeds the fair value of €292,701 by €127,299, representing a significant 30.3% markup. This property is thus considered overpriced.
Fair value modelled at €292,701 from the area baseline, adjusted for condition and location. Asking €420,000 sits €127,299 (30.3%) above — overpriced versus fair value.
Asking €420,000 versus the rua Nova do Espinheiro area baseline of €263,978 (€1,859/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 75 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Nova do Espinheiro
Area baseline €263,978 + condition +€4,438 + location +€24,286 = modelled fair value of €292,701 (€2,061/m²), a €127,299 (30.3%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nova do Espinheiro | Subject | €420,000 | €2,958 | — | 75 | 73 |
| Aldoar, Foz Do Douro e Nevogilde · 023bef | Active | €625,000 | €4,496 | 52.0% | 75 | 72 |
| alameda Jardins da Arrábida S / N | Active | €375,000 | €3,024 | 2.2% | 80 | 76 |
| rua Machado dos Santos, 330 | Active | €289,900 | €3,020 | 2.1% | 75 | 68 |
| rua da Venezuela | Active | €575,000 | €3,549 | 20.0% | 72 | 80 |
| Median comp | €475,000 | €3,287 | 11.1% | 75 | 74 |
Long-term rental The 2-bed duplex in Canidelo, listed at €420,000, is overpriced compared to its fair value of €292,701, highlighting a significant gap of 30.3%. At a gross yield of 3.4%, the investment returns are not compelling, particularly given the neighbourhood's average rating of 73/100. Family rental Investing in this property as a family rental does not present a sound financial opportunity, as it is overpriced at €420,000 against a fair value of €292,701. The modest gross yield of 3.4% and the neighbourhood's decent rating suggest that potential tenant demand might not justify the elevated price point. Buy-and-hold Acquiring this duplex as a buy-and-hold investment is risky due to its overpriced status at €420,000, significantly above the fair value of €292,701. The low gross yield of 3.4% coupled with an average condition score of 77/100 indicates that capital appreciation may not be sufficient to offset the initial high investment.
Tenant turnover risk With both economic and tenant stability scores at 70/100, there is a significant risk of increased tenant turnover, which may lead to vacant units and potential loss of rental income.
