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.
0-bedroom, 0-bathroom house of 117 m², built in 1990. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Unique feature: This former grocery store offers transformation potential into a modern dwelling, complete with a spacious yard and prime solar exposure. Location advantage: Just 300 meters from the beach.
The valuation. The asking price of €200,000 is above the fair value of €192,352, representing an overpricing of €7,648 or 3.8%. This discrepancy suggests that potential investors should approach with caution.
Fair value modelled at €192,352 from the area baseline, adjusted for condition and location. Asking €200,000 sits €7,648 (3.8%) above — overpriced versus fair value.
Asking €200,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €217,503 (€1,859/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 (Condition 58 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 65 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Canidelo, Vila Nova de Gaia, Porto
Area baseline €217,503 + condition -€41,681 + location +€16,530 = modelled fair value of €192,352 (€1,644/m²), a €7,648 (3.8%) gap versus the €200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 956e80 | Subject | €200,000 | €1,709 | — | 58 | 69 |
| Canidelo · 956e83 | Active | €400,000 | €579 | 66.1% | — | 71 |
| rua Sub Ribas, 549 | Active | €390,000 | €2,600 | 52.1% | — | 61 |
| Santa Marinha e São Pedro da Afurada · 00189c | Active | €230,000 | €3,833 | 124.3% | 75 | 70 |
| rua Major Pala | Active | €215,000 | €3,028 | 77.1% | — | 71 |
| Median comp | €310,000 | €2,814 | 64.6% | 75 | 71 |
Long-term rental This property shows an 8.2% gross yield, but its fair value is €192,352, indicating it is overpriced at €200,000. The condition score of 52/100 suggests additional costs for maintenance may impact long-term profitability. Buy-and-hold Although this property is situated in a suburban area of Porto with good amenities and employment opportunities, it remains overpriced relative to its fair value, creating a potential for an inferior return on investment. With the neighbourhood rated at 69/100, the long-term appreciation might not justify the current listing price. Family rental Priced at €200,000, this property is not aligned with its fair value of €192,352, making it overpriced for a family rental strategy. While the location offers access to essential amenities, the relatively low condition score indicates that ongoing expenses could further diminish expected rental income.
Economic and Tenant Stability Risk The property has a moderate economic stability score of 70/100 and a tenant stability score of 70/100, indicating potential vulnerability to economic fluctuations and tenant turnover.
