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 100 m², built in 1998, energy rating E. Located on rua Viso, 269, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Highlight: This apartment features a private balcony, optimizing sun exposure, perfect for evening relaxation, and modern updates in the kitchen and bathrooms enhance its overall appeal.
The valuation. The asking price of €275,000 is significantly above the fair value of €178,353, indicating an overvaluation of €96,647 (35.1%). This pricing suggests that the property is overpriced in its current market state.
Fair value modelled at €178,353 from the area baseline, adjusted for condition and location. Asking €275,000 sits €96,647 (35.1%) above — overpriced versus fair value.
Asking €275,000 versus the rua Viso, 269 area baseline of €185,900 (€1,859/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 55 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 75 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Viso, 269
Area baseline €185,900 + condition -€23,906 + location +€16,359 = modelled fair value of €178,353 (€1,784/m²), a €96,647 (35.1%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Viso, 269 | Subject | €275,000 | €2,750 | — | 55 | 72 |
| rua Barão do Corvo S / N | Active | €270,000 | €2,571 | 6.5% | 63 | 73 |
| Santa Marinha e São Pedro da Afurada · 735696 | Active | €350,000 | €3,043 | 10.7% | 64 | 72 |
| rua do Marquês de Sá da Bandeira | Active | €293,000 | €3,052 | 11.0% | 65 | 68 |
| Canidelo · 0dce0d | Active | €350,000 | €2,991 | 8.8% | 54 | 73 |
| Median comp | €321,500 | €3,017 | 9.7% | 64 | 73 |
Long-term rental The 2-bed apartment in Canidelo is currently overpriced at €275,000, representing a 35.1% gap from its fair value of €178,353. With a gross yield of only 4.5%, this property does not provide an attractive return for long-term rental investment. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy may not be advisable due to its significant overpricing and relatively low yield. The neighborhood’s amenities and safety are decent, but the current market price does not justify a long-term investment. Family rental While the property is located in a suburban area with access to schools and amenities, its current price makes it an unwise option for family rental. The 35.1% gap between listing and fair value indicates that the investment is overpriced, reducing its attractiveness for families looking for value. Not ideal for: Student housing, Short-term vacation rental, Luxury market Given the apartment's condition rating of 60/100 and the current market price, it is clearly not suited for the student housing or luxury market. The pricing challenge also disqualifies it from being an attractive option for short-term vacation rentals in the area.
Economic Sensitivity Risk The property may be affected by economic fluctuations, as both the economic stability and tenant stability scores are at 70/100, indicating moderate vulnerability to market changes.
