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, 3-bathroom apartment of 186 m² on the 1st floor, built in 2010, energy rating B. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment features large windows in the living room that invite abundant natural light, paired with a premium balcony offering unobstructed views of the surrounding area.
The valuation. The asking price of €460,000 is €24,199 (5.6%) above the fair value of €435,801, which means the property is assessed as fair in its market position. Buy-to-flip angle. A potential resale strategy could target a profitable flip given the attractive features, but margins may be tight with the current market conditions. Buy-to-let angle. The rental income strategy could yield approximately €1,533 per month, translating to a gross yield of 4%, making it an appealing long-term investment prospect.
Fair value modelled at €435,801 from 6 comparable sales in the area. Asking €460,000 sits €24,199 (5.6%) above — overpriced versus fair value.
Asking €460,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €437,364 (€2,351/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is below the parish average, reducing 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 €437,364, adjusted for condition and micro-location, gives a modelled fair value of €435,801 (€2,343/m²), a €24,199 (5.6%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 4a4243 | Subject | €460,000 | €2,473 | — | 72 | 74 |
| rua Chavinha, 185 | Active | €299,900 | €2,272 | 8.1% | 70 | 76 |
| rua da Rasa, 698 | Active | €395,000 | €1,927 | 22.1% | 72 | 75 |
| rua Oliveiras, 44 | Active | €309,000 | €2,414 | 2.4% | 74 | 66 |
| rua Padre Iria Carvalhal | Active | €585,000 | €2,233 | 9.7% | 79 | 67 |
| Median comp | €352,000 | €2,253 | 8.9% | 73 | 71 |
Long-term rental The yield of 4% gross indicates a stable income stream over time, aligning well with the fair valuation of €435,801. This property could attract reliable tenants seeking spacious accommodations in the suburban environment of Canidelo, Vila Nova de Gaia. Family rental With a healthy neighborhood score of 74/100, this property is well-suited for families looking for a comfortable and safe living environment near Porto. The spacious 186m² layout offers ample room for family dynamics, making it appealing for long-term rental commitments. Buy-and-hold Given its fair value and appealing location in Greater Porto, this property presents a solid buy-and-hold opportunity for investors. The potential for gradual value appreciation in a growing suburban market further enhances its investment attractiveness.
Tenant turnover risk High tenant turnover could occur due to the lower tenant stability score of 70/100, potentially affecting rental income stability and increasing costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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