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, 1-bathroom house of 85 m², built in 1982. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property includes a functional well for irrigation and has a versatile annex ideal for storage or other uses, enhancing outdoor space potential.
The valuation. The asking price of €280,000 is significantly below the fair value of €370,059, representing an undervaluation of €90,059 (24.3%). This discrepancy suggests a compelling investment opportunity.
Fair value modelled at €370,059 from 6 comparable sales in the area. Asking €280,000 sits €90,059 (24.3%) below — the upside to fair value.
Asking €280,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €361,357 (€4,251/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €361,357, adjusted for condition and micro-location, gives a modelled fair value of €370,059 (€4,354/m²), a €90,059 (24.3%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 468142 | Subject | €280,000 | €3,294 | — | 55 | 75 |
| rua Thom, 160 | Active | €650,000 | €5,159 | 56.6% | — | 71 |
| rua Thom, 160 | Active | €650,000 | €5,159 | 56.6% | — | 70 |
| rua António dos Santos, 25 | Active | €350,000 | €4,861 | 47.6% | 62 | 68 |
| rua Sub Ribas, 549 | Active | €390,000 | €2,600 | 21.1% | — | 61 |
| Median comp | €520,000 | €5,010 | 52.1% | 62 | 69 |
Long-term rental The property presents an appealing opportunity for long-term rental, particularly given its gross yield of 4.7% and a fair value that exceeds the listing price by 24.3%. With substantial potential for appreciation due to its subvalorizada position, this house is well-situated in a growing suburb of Porto, making it attractive to tenants seeking stability. Family rental Positioning this 3-bed house as a family rental is strategic, especially with a strong neighborhood score of 75/100 and proximity to amenities typical of Porto suburbs. With its current condition rating of 57/100, it offers families the space and location they desire, making it a solid investment in the family rental market. Buy-and-hold As a buy-and-hold investment, this property stands out due to its fair value of €370,059 compared to the listing price of €280,000, indicating strong growth potential. Investing in this subvalorizada asset in a suburban area of Porto allows an investor to benefit significantly from long-term price appreciation and steady rental income. Short-term rental Investing in this property for short-term rental is not ideal given the associated risks and the likely lower demand in the suburban setting of Canidelo. The current yields and the property's characteristics do not align well with the short-term rental market's requirements. Student housing This property is not a suitable candidate for student housing due to its suburban location and the competitive landscape in more urban settings around Porto. As such, the demand from the student demographic may not be met effectively, making this strategy less favorable. Luxury market This property does not fit the luxury market profile, as it lacks the condition and amenities typically sought after in high-end investments. Therefore, pursuing a luxury strategy would likely result in an unfavorable outcome in terms of returns and tenant quality.
Tenant turnover risk: With a tenant stability score of 70/100, there is a considerable risk of higher than normal tenant turnover, which could lead 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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