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, 2-bathroom apartment of 113 m², energy rating D. Located Malta e Canidelo parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment boasts a unique fireplace with heat recovery and three-sides exposure, ensuring optimal natural light throughout the day. Additional Notes: The low monthly condominium fee enhances its appeal.
The valuation. The asking price of €255,000 is significantly higher than the fair value of €172,048, marking a discrepancy of €82,952 (32.5%). This property is overpriced based on current market conditions and comparable sales in the area.
Fair value modelled at €172,048 from the area baseline, adjusted for condition and location. Asking €255,000 sits €82,952 (32.5%) above — overpriced versus fair value.
Asking €255,000 versus the Malta e Canidelo, Vila do Conde, Porto area baseline of €256,284 (€2,268/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Malta e Canidelo, Vila do Conde, Porto
Area baseline €256,284 + condition -€13,772 + location +€14,399 = modelled fair value of €172,048 (€1,523/m²), a €82,952 (32.5%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Malta e Canidelo · dee5b9 | Subject | €255,000 | €2,257 | — | 70 | 71 |
| rua Central de Vairão, 130 | Active | €239,000 | €2,343 | 3.8% | 70 | 71 |
| Malta e Canidelo · e40b0d | Active | €157,500 | €1,500 | 33.5% | 75 | 67 |
| rua do Monte e Novo Arruamento | Active | €170,000 | €2,361 | 4.6% | 68 | 69 |
| Fornelo e Vairão · 9372e0 | Active | €285,000 | €2,096 | 7.1% | 76 | 69 |
| Median comp | €204,500 | €2,220 | 1.6% | 73 | 69 |
Long-term rental The property is overpriced at €255,000 compared to the fair value of €172,048, representing a 32.5% gap that potentially limits long-term profitability. With a gross yield of 0% and an average condition score of 67/100, it may struggle to attract reliable tenants in the competitive rental market. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable due to its overpriced nature and lack of immediate financial return with a 0% gross yield. The significant gap from fair value suggests that holding this asset may not yield returns that justify the investment. Family rental While the neighborhood offers decent amenities and school access, the property’s price point is not aligned with its fair value, making it a poor choice for a family rental. The risk associated with its 0% yield further indicates that families may seek more affordable options in the area instead of this overpriced unit.
Economic Vulnerability The property faces a moderate economic risk due to a score of 70/100, indicating potential fluctuations in the local economy that could impact rental income and property value over time.
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