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.
3-bedroom, 4-bathroom apartment of 200 m², built in 2010, energy rating B. Located on rua das Fábricas, 173, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment offers a spacious balcony with panoramic views of the surrounding area, ideal for outdoor entertaining or enjoying morning coffee in the sun.
The valuation. The asking price of €550,000 is significantly above the fair value of €433,604, representing an excess of €116,396 or 21.2%. This property is considered overpriced.
Fair value modelled at €433,604 from the area baseline, adjusted for condition and location. Asking €550,000 sits €116,396 (21.2%) above — overpriced versus fair value.
Asking €550,000 versus the rua das Fábricas, 173 area baseline of €668,000 (€3,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 85 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua das Fábricas, 173
Area baseline €668,000 + condition +€17,188 + location +€44,616 = modelled fair value of €433,604 (€2,168/m²), a €116,396 (21.2%) gap versus the €550,000 asking price.
Family rental This 3-bed apartment in Canidelo is currently overpriced by 21.2% compared to its fair value, making it a less attractive option for families seeking affordable long-term housing. With a yield of only 3.4%, the financial returns may not justify the high initial investment. Long-term rental With a fair value significantly lower than the listing price, the property is overpriced for long-term rental purposes, reducing its appeal in a competitive market. The existing gross yield of 3.4% does not align with the expectations for solid investment returns in the area. Buy-and-hold While the proximity to Porto could offer future appreciation, the current pricing of this property at €550,000 signifies it is overpriced, which could hinder overall returns for buy-and-hold investors. The apartment's yield of 3.4% suggests that it may not perform well as a long-term investment given the valuation gap. Not ideal for: This property is not suitable for short-term vacation rental, the luxury market, or student housing due to its current pricing and market dynamics.
Economic Volatility Risk With an economic stability score of 75/100, there is a risk that economic downturns could negatively impact property performance despite a relatively strong tenant stability score of 80/100.
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