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.
1-bedroom, 1-bathroom apartment of 75 m² on the 2nd floor, built in 2004. Located on rua do Fojo, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment features a recently remodeled second bedroom ideal for a home office, and offers breathtaking panoramic views of the sea from its generous living spaces.
The valuation. The asking price of €295,000 is significantly above the fair value of €62,688, representing an overpricing of €232,312 (78.7%). This makes it an unfavorable investment compared to market standards.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Fojo | Subject | €295,000 | €3,933 | — | — | 70 |
| rua Manuel Alves Moreira S / N | Active | €245,000 | €4,224 | 7.4% | 73 | 73 |
| avenida Aliados | Active | €210,000 | €4,375 | 11.2% | 65 | 76 |
| avenida Aliados, 127 | Active | €210,000 | €4,375 | 11.2% | 68 | 73 |
| avenida Aliados, 127 | Active | €210,000 | €4,286 | 9.0% | 60 | 72 |
| Median comp | €210,000 | €4,331 | 10.1% | 67 | 73 |
Long-term rental The 1-bed apartment in Canidelo is priced at €295,000, a striking 78.7% higher than its fair value of €62,688, indicating significant overpricing. With a gross yield of only 2.9%, the investment does not justify the high entry cost based on current market conditions. Family rental At a listing price of €295,000 and a gross yield of 2.9%, this property is substantially overpriced compared to its fair value of €62,688, presenting challenges for potential family renters. The condition rating of 0/100 further highlights the need for extensive renovations, making it a less attractive option for families seeking quality housing. Buy-and-hold Investing in this 1-bed apartment at €295,000 represents a considerable financial risk due to its 78.7% gap from the fair value of €62,688, making it overpriced for a long-term hold. The low gross yield of 2.9% combined with a poor condition score indicates that this property may not provide adequate returns over time as a buy-and-hold investment.
Economic and Tenant Instability The combined scores of 70/100 for both economic and tenant stability indicate a moderate risk, suggesting potential volatility in rental income due to changing market conditions.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
