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, 3-bathroom apartment of 147 m², built in 1996, energy rating C. Located on rua do Fojo, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment boasts a modern heat recovery system and is situated in a secured condominium that includes both indoor and outdoor pools for year-round leisure.
The valuation. The asking price of €354,900 exceeds the fair value of €295,951 by €58,949 (16.6%), indicating that the property is overpriced and does not present a favorable investment opportunity. Buy-to-flip angle. A buy-to-flip strategy may yield limited profit potential due to the property’s significant markup over fair market value, making a quick resale challenging. Buy-to-let angle. A rental income strategy shows an estimated gross yield of 4.7% (~€1,390/month), appealing for a long-term, family rental, although the price does challenge profitability.
Fair value modelled at €295,951 from the area baseline, adjusted for condition and location. Asking €354,900 sits €58,949 (16.6%) above — overpriced versus fair value.
Asking €354,900 versus the rua do Fojo area baseline of €484,659 (€3,297/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 75 · Materials 70 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 75 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua do Fojo
Area baseline €484,659 + condition -€5,742 + location +€28,420 = modelled fair value of €295,951 (€2,013/m²), a €58,949 (16.6%) gap versus the €354,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Fojo | Subject | €354,900 | €2,414 | — | 75 | 76 |
| rua da Bélgica | Active | €540,000 | €3,673 | 52.2% | 78 | 75 |
| rua Particular Às Árvores S / N | Active | €360,000 | €2,707 | 12.1% | 73 | 77 |
| rua de Grijó, 17 | Active | €690,000 | €3,876 | 60.6% | 75 | 80 |
| jardim Soares dos Reis | Active | €320,000 | €2,936 | 21.6% | 72 | 68 |
| Median comp | €450,000 | €3,305 | 36.9% | 74 | 76 |
Long-term rental The property is overpriced with a gap of 16.6% against its fair value of €295,951, which diminishes its attractiveness for long-term rental strategy. Additionally, a gross yield of 4.7% suggests limited returns in a competitive rental market. Family rental Despite the suburban appeal of Canidelo and the reasonably high neighborhood score of 76/100, the property’s pricing reflects an overvaluation of the market at €354,900. This scenario may deter potential families seeking rental options that align more closely with fair market values. Buy-and-hold Given the current listing price of €354,900 versus the fair value of €295,951, this property is not well-positioned for a buy-and-hold strategy as it is considered overpriced. Future appreciation gains may not compensate for the initial investment in a market characterized by a yield of only 4.7%.
Tenant turnover risk High tenant stability at 75/100 indicates a moderate risk of tenant turnover, which could impact rental income consistency.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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