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 136 m², built in 2008, energy rating B. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: Both balconies offer a serene outdoor space perfect for relaxation, while the closed box garage includes an electric vehicle charging station for modern convenience.
The valuation. The asking price of €334,000 is notably above the fair value of €250,635, resulting in an excess of €83,365 (25.0%). Verdict: overpriced. Buy-to-flip angle. The property’s condition suggests a potential for minimal cosmetic improvements before resale, targeting a faster turnaround in an appreciating market. Buy-to-let angle. With a gross yield of 3.9% (~€1,086/month), this is viable for long-term rental, appealing to families due to its proximity to schools and amenities.
Fair value modelled at €250,635 from the area baseline, adjusted for condition and location. Asking €334,000 sits €83,365 (25.0%) above — overpriced versus fair value.
Asking €334,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €454,240 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 65 · Materials 70 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Canidelo, Vila Nova de Gaia, Porto
Area baseline €454,240 + condition -€24,438 + location +€22,249 = modelled fair value of €250,635 (€1,843/m²), a €83,365 (25.0%) gap versus the €334,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · ba3ed8 | Subject | €334,000 | €2,456 | — | 65 | 72 |
| rua Oliveiras, 44 | Active | €309,000 | €2,414 | 1.7% | 74 | 66 |
| rua Chavinha, 185 | Active | €299,900 | €2,272 | 7.5% | 70 | 76 |
| rua da Bélgica | Active | €380,000 | €1,845 | 24.9% | 74 | 73 |
| Madalena · 9372ff | Active | €350,000 | €2,823 | 14.9% | 70 | 66 |
| Median comp | €329,500 | €2,343 | 4.6% | 72 | 70 |
Long-term rental The current listing price of €334,000 is significantly above the fair value of €250,635, indicating the property is overpriced. With a gross yield of 3.9%, this strategy may not provide an attractive return for investors seeking consistent cash flow. Buy-and-hold Given that the apartment is priced at a 25.0% premium over fair value, it represents a poor buy-and-hold investment opportunity. The expectation of property appreciation in Canidelo is tempered by the overpricing, limiting potential long-term gains. Family rental The apartment is overpriced at €334,000 compared to the fair value of €250,635, making it less appealing for families looking for budget-friendly rental options. Although the neighborhood has a high rating for amenities, the property’s pricing could deter potential long-term family tenants.
Economic sensitivity risk The economic stability score of 70/100 indicates potential vulnerability to economic downturns, which may affect rental income stability. Tenant turnover risk A tenant stability score of 65/100 suggests a higher likelihood of tenant turnover, which can lead to increased vacancy rates and associated costs.
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