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, energy rating D. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Unique aspect: This ground floor apartment features a private patio area, perfect for outdoor relaxation, enhancing the living experience in this desirable location.
The valuation. The asking price of €279,000 is €19,252 (7.4%) above the fair value of €259,748, indicating the property is priced at a reasonable level. This aligns with the valuation verdict of fair.
Fair value modelled at €259,748 from 6 comparable sales in the area. Asking €279,000 sits €19,252 (7.4%) above — overpriced versus fair value.
Asking €279,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €261,336 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €261,336, adjusted for condition and micro-location, gives a modelled fair value of €259,748 (€3,207/m²), a €19,252 (7.4%) gap versus the €279,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · d748f1 | Subject | €279,000 | €3,444 | — | 72 | 72 |
| Santa Marinha e São Pedro da Afurada · 6c77d0 | Active | €269,000 | €3,363 | 2.4% | — | 71 |
| rua Padre Brito, 70 | Active | €299,000 | €3,051 | 11.4% | 73 | 72 |
| rua Estamparia de Lavadores, 491 | Active | €275,000 | €2,865 | 16.8% | 75 | 73 |
| rua Viso | Active | €290,000 | €2,613 | 24.1% | 72 | 74 |
| Median comp | €282,500 | €2,958 | 14.1% | 73 | 73 |
Long-term rental Given its 3.9% gross yield and fair condition score of 76/100, this property offers steady potential for long-term rental income consistent with the local market dynamics. While the property is priced fairly at €279,000, investors should expect moderate returns reflective of this pricing. Buy-and-hold As a buy-and-hold investment, the property in Canidelo maintains a solid positioning within a family-friendly neighborhood supported by a reliable education system. The fair valuation suggests that while the growth may be limited, it is appropriately priced for its current stability. Family rental This two-bed apartment is ideally suited for families seeking a safe and community-oriented environment, enhanced by its favorable neighborhood ratings. Priced fairly, the investment caters well to the demand for family rentals in desirable suburban areas. Not ideal for short-term rental Short-term rental options may face challenges due to a lack of tourist-centric demand in suburban Porto, making this a less favorable investment avenue. The property’s fair pricing does not lend it a competitive edge for high-turnover rental strategies. Not ideal for student housing Given the location's family-centric focus, converting this property for student housing would likely yield limited interest and unstable occupancy rates. Also, its fair price reflects a mismatch for the typical student rental market in urban centers. Not ideal for luxury market The property does not embody the characteristics typically sought after in the luxury market, such as high-end finishes or exclusive amenities. Its fair valuation further indicates that it is not aligned with luxury buyers’ expectations.
Economic and Tenant Instability Risk There is a risk of fluctuating rental income due to both the economic stability and tenant stability scores being at 70/100, indicating a moderate level of uncertainty in the property's performance.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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