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 96 m², built in 2005, energy rating D. Located on rua Estamparia de Lavadores, 491, Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment includes a closed garage for secure parking, a highly valued feature in Canidelo, enhancing both convenience and property appeal.
The valuation. The asking price of €275,000 exceeds the fair value of €201,333 by €73,667, representing an overpricing of 26.8%. This suggests that the property is not aligned with its market value.
Fair value modelled at €201,333 from the area baseline, adjusted for condition and location. Asking €275,000 sits €73,667 (26.8%) above — overpriced versus fair value.
Asking €275,000 versus the rua Estamparia de Lavadores, 491 area baseline of €320,640 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Estamparia de Lavadores, 491
Area baseline €320,640 + condition +€6,450 + location +€16,419 = modelled fair value of €201,333 (€2,097/m²), a €73,667 (26.8%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Estamparia de Lavadores, 491 | Subject | €275,000 | €2,865 | — | 75 | 73 |
| rua Machado dos Santos, 330 | Active | €289,900 | €3,020 | 5.4% | 75 | 68 |
| Canidelo · 001c12 | Active | €350,000 | €3,500 | 22.2% | 74 | 69 |
| rua Padre Brito, 70 | Active | €299,000 | €3,051 | 6.5% | 73 | 72 |
| Lordelo do Ouro e Massarelos · 96c429 | Active | €525,000 | €4,268 | 49.0% | 70 | 81 |
| Median comp | €324,500 | €3,276 | 14.3% | 74 | 71 |
Long-term rental The property's listing price of €275,000 is 26.8% above its fair value of €201,333, indicating that it is overpriced for a long-term rental strategy. With a gross yield of 5.8%, the rental income may not justify the high purchase price in this market. Family rental Given the suburban context and stable tenant demand, the apartment could serve as a family rental; however, the current price significantly exceeds fair value, which hampers its attractiveness. Families often seek projects with better value propositions, making this property less appealing at its current asking price. Buy-and-hold While the apartment's location offers urban proximity and lower crime rates, the 26.8% gap from its fair value suggests that this buy-and-hold strategy may not yield satisfactory returns. Investing at an overpriced valuation risks long-term asset appreciation and could limit profit potential in the future.
Economic and Tenant Stability Risk: With both economic stability and tenant stability scores at 75/100, there is a potential risk of moderate fluctuations in rental income and property value, making long-term investment uncertain.
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