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 81 m², built in 2026, energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This new development boasts modern design with high-quality finishes including aluminum frames, electric shutters, and high-security doors, enhancing both comfort and security.
The valuation. The asking price of €430,000 is significantly above the fair value of €69,510, indicating the property is overpriced by €360,490 (83.8%). This discrepancy reflects a substantial gap between market expectations and the current listing. Buy-to-flip angle. A buy-to-flip strategy may involve acquiring the property at a steep discount through negotiation, allowing for potential resale at a higher price following renovations to enhance its appeal. Given its current condition rating of 0/100, improvements could create substantial profit potential. Buy-to-let angle. With an estimated monthly rental income of €1,075, the gross yield stands at 3%, indicating a moderate return on investment for landlords. This apartment could attract long-term tenants seeking family accommodation in a mixed neighborhood within the Greater Porto area.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 28b83c | Subject | €430,000 | €5,309 | — | — | 73 |
| rua Vera Cruz | Active | €210,250 | €4,672 | 12.0% | 70 | 69 |
| rua do Carvalho, 102H | Active | €585,000 | €4,179 | 21.3% | 73 | 79 |
| Lordelo do Ouro e Massarelos · 956a9f | Active | €900,000 | €7,826 | 47.4% | 78 | 76 |
| rua Nova Lisboa | Active | €425,000 | €2,640 | 50.3% | 70 | 70 |
| Median comp | €505,000 | €4,426 | 16.6% | 72 | 73 |
Long-term rental The 2-bed apartment in Canidelo is overpriced, with a significant gap of 83.8% compared to its fair value of €69,510. The gross yield of 3% is insufficient to justify the high listing price in a neighborhood rated 73/100. Family rental While family rentals can perform well in greater Porto, this property is overpriced given its significant deviation from fair value. The subpar condition rating of 0/100 detracts from its appeal for families, despite the neighborhood's decent amenities. Value-add renovation The property's current asking price is considerably high at €430,000, which does not align with its fair value assessment of €69,510, making it overpriced. Although a value-add renovation could improve the unit, the initial investment required is unlikely to yield favorable returns given the existing high price tag.
Potential Tenant Turnover Due to the relatively low tenant stability score of 65/100, there may be a higher risk of tenant turnover, leading to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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