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.
4-bedroom, 4-bathroom apartment of 223 m², built in 2016, energy rating A. Located on avenida Beira Mar, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes a spacious balcony with panoramic sea views, enhancing the coastal living experience while allowing for outdoor relaxation and entertainment. Unique Selling Point: Its strategic location offers immediate access to the vibrant boardwalks and nearby beaches.
The valuation. The asking price of €744,000 sits €269,881 (36.3%) above the fair value of €474,119. This property is therefore considered overpriced.
Fair value modelled at €474,119 from the area baseline, adjusted for condition and location. Asking €744,000 sits €269,881 (36.3%) above — overpriced versus fair value.
Asking €744,000 versus the avenida Beira Mar area baseline of €414,557 (€1,859/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 78 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
avenida Beira Mar
Area baseline €414,557 + condition +€24,739 + location +€34,823 = modelled fair value of €474,119 (€2,126/m²), a €269,881 (36.3%) gap versus the €744,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Beira Mar | Subject | €744,000 | €3,336 | — | 80 | 71 |
| avenida da Beira-Mar S / N | Active | €738,000 | €3,514 | 5.3% | 80 | 72 |
| rua de Aleixo da Mota S / N | Active | €1,400,000 | €4,389 | 31.5% | 82 | 80 |
| alameda Jardins da Arrábida | Active | €599,000 | €3,675 | 10.1% | 80 | 77 |
| rua Cais do Cavaco, 90 | Active | €850,000 | €4,427 | 32.7% | 82 | 68 |
| Median comp | €794,000 | €4,032 | 20.9% | 81 | 75 |
Buy-and-hold This 4-bed apartment in Canidelo, priced at €744,000, is significantly above its fair value of €474,119, resulting in an overpriced assessment. The projected yield of 3.1% is insufficient to justify the current market price, indicating a long-term hold strategy may not yield favorable returns. Long-term rental Given the apartment’s high asking price relative to its fair value, investing in a long-term rental strategy may be challenging. The current yield of 3.1% does not meet the profitability threshold for wise investment in this market. Family rental While the apartment's condition is favorable at 82/100, its price of €744,000 compared to a fair value of €474,119 makes it unsuitable for family rental strategy. Families may find the cost prohibitive, leading to longer vacancy periods and reduced rental income. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Tenant turnover risk With a tenant stability score of 65/100, there is a notable risk of increased tenant turnover that could lead to higher vacancy rates and additional costs in finding replacement tenants.
