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, 3-bathroom apartment of 125 m², built in 2024, energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This property features high-quality marble and hardwood finishes throughout, integrating luxury and functionality in its modern design, complemented by excellent natural lighting in every room.
The valuation. The asking price of €395,000 is significantly above the fair value of €334,445, indicating an excess of €60,555, or 18.1%. This property is considered overpriced.
Fair value modelled at €334,445 from 6 comparable sales in the area. Asking €395,000 sits €60,555 (18.1%) above — overpriced versus fair value.
Asking €395,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €292,011 (€2,336/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €292,011, adjusted for condition and micro-location, gives a modelled fair value of €334,445 (€2,676/m²), a €60,555 (18.1%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 1f35d4 | Subject | €395,000 | €3,160 | — | 80 | 69 |
| rua Oliveiras, 44 | Active | €309,000 | €2,414 | 23.6% | 74 | 66 |
| Canidelo · d74988 | Active | €420,000 | €2,937 | 7.1% | 80 | 70 |
| rua do Ouro, 998 | Active | €850,000 | €4,620 | 46.2% | 75 | 80 |
| rua Chavinha, 185 | Active | €299,900 | €2,272 | 28.1% | 70 | 76 |
| Median comp | €364,500 | €2,676 | 15.3% | 75 | 73 |
Long-term rental The 2-bed apartment in Canidelo, listed at €395,000, is priced 18.1% above its fair value of €334,445, which limits its attractiveness for long-term rental investments. With a gross yield of 3.5%, this property may not provide the desired return relative to price and location attributes. Family rental While the property has decent condition and amenities, its pricing suggests it is not an appealing option for family rentals, given the current market discrepancies. The overvaluation does not support the potential demand from families seeking affordable yet comfortable housing. Buy-and-hold Investing in this property as a buy-and-hold strategy may lead to disappointing returns due to its current market price being significantly above fair value. The apartment's appreciation potential is hindered by the high entry cost and limited yield offering in the Canidelo area.
Tenant turnover risk With a tenant stability score of 65/100, there is a heightened risk of frequent tenant turnover, which could lead to increased vacancy periods and reduced rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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