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 143 m², built in 2019, energy rating B. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment features a delightful balcony with a built-in barbecue, ideal for outdoor entertaining, and is equipped with Siemens appliances for a premium kitchen experience.
The valuation. The asking price of €410,000 sits €60,556 below the fair value of €470,556, marking a potential investment opportunity as it is underpriced by 12.9%. This suggests a strong upside for buyers. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the underpricing by enhancing the property's appeal and reselling at a higher price point, aiming for a quick turnaround in a growing suburban market. Buy-to-let angle. A buy-to-let approach could generate a monthly rental income of approximately €1,469, yielding an attractive gross yield of 4.3%, appealing to long-term tenants in a desirable suburban area.
Fair value modelled at €470,556 from 6 comparable sales in the area. Asking €410,000 sits €60,556 (12.9%) below — the upside to fair value.
Asking €410,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €403,243 (€2,820/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 is above the parish average, lifting 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 €403,243, adjusted for condition and micro-location, gives a modelled fair value of €470,556 (€3,291/m²), a €60,556 (12.9%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 6a949d | Subject | €410,000 | €2,867 | — | 75 | 72 |
| Santa Marinha e São Pedro da Afurada · 25f66d | Active | €380,000 | €3,248 | 13.3% | 78 | 81 |
| rua da Pena | Active | €650,000 | €5,200 | 81.4% | 85 | 80 |
| Canidelo · 82c790 | Active | €350,000 | €3,333 | 16.3% | 70 | 72 |
| rua Padre Manuel Romero Vila, 63 | Active | €299,900 | €2,940 | 2.5% | 73 | 73 |
| Median comp | €365,000 | €3,291 | 14.8% | 76 | 77 |
Long-term rental Given the apartment's favorable gross yield of 4.3% and its 12.9% gap to fair value, this property presents a compelling opportunity for long-term rental investors seeking steady cash flow. Additionally, its good condition score of 81/100 and suburban location near Porto make it attractive to reliable tenants. Family rental The spacious 143m² layout and the suburban setting of this apartment cater well to families looking for quality housing near city amenities. With a neighborhood rating of 72/100, this property is positioned to attract stable family tenants seeking comfortable living spaces. Buy-and-hold Investing in this property for the buy-and-hold strategy is promising given its underpriced status and solid gross yield of 4.3%. As the housing market in the area continues to perform well, the property is likely to appreciate in value over time, benefiting long-term investors.
Tenant turnover risk The tenant stability score of 65/100 indicates a moderate risk of high turnover, which could impact cash flows and overall property performance negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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