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 72 m². Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment boasts a serene view towards the interior gardens and includes access to a tennis court within the condominium, enhancing both relaxation and recreational opportunities.
The valuation. The asking price of €285,000 is significantly above fair value, sitting at €138,128 (48.5% overpriced) compared to the assessed fair value of €146,872. This property does not represent a sound investment due to its inflated asking price.
Fair value modelled at €146,872 from the area baseline, adjusted for condition and location. Asking €285,000 sits €138,128 (48.5%) above — overpriced versus fair value.
Asking €285,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €240,480 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 75 · Materials 70 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Canidelo, Vila Nova de Gaia, Porto
Area baseline €240,480 + condition -€3,038 + location +€16,062 = modelled fair value of €146,872 (€2,040/m²), a €138,128 (48.5%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · ac999d | Subject | €285,000 | €3,958 | — | 75 | 80 |
| Canidelo · f3640a | Active | €279,000 | €3,033 | 23.4% | 75 | 71 |
| rua da Bélgica | Active | €285,000 | €3,353 | 15.3% | 76 | 63 |
| Santa Marinha e São Pedro da Afurada · 82c871 | Active | €320,000 | €3,333 | 15.8% | 76 | 76 |
| Lordelo do Ouro e Massarelos · 96c429 | Active | €525,000 | €4,268 | 7.8% | 70 | 81 |
| Median comp | €302,500 | €3,343 | 15.5% | 76 | 74 |
Long-term rental The property in Canidelo is overpriced by 48.5%, with a fair value of €146,872 compared to the listing price of €285,000. Despite its decent condition and location, the yield of 3.9% gross does not justify the premium in a market that is already requiring higher rental prices. Buy-and-hold With a significant gap to fair value, this apartment does not present a viable buy-and-hold investment opportunity, as the current price of €285,000 is well above the fair value estimate. The anticipated return is hindered by the low yield of 3.9% gross in a competitive market. Family rental Though the property is located in a well-rated neighbourhood, it remains overpriced at €285,000, especially given the fair value of €146,872. Families looking for affordable housing may struggle to meet the current rental demands based on the apartment’s significant price tag.
Economic downturn risk The property may experience a decline in rental income due to potential economic instability, impacting long-term tenant occupancy despite a score of 80/100 in both economic and tenant stability.
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