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, 2-bathroom apartment of 169 m² on the 2nd floor, built in 2001, energy rating C. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment features a closed garage with an electric charger and offers rapid access to major roadways for convenient commuting around the Porto metropolitan area.
The valuation. The asking price of €397,000 sits €19,151 (5.1%) above the fair value of €377,849, indicating a fair valuation for this property. This aligns with current market assessments.
Fair value modelled at €377,849 from 6 comparable sales in the area. Asking €397,000 sits €19,151 (5.1%) above — overpriced versus fair value.
Asking €397,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €348,336 (€2,061/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €348,336, adjusted for condition and micro-location, gives a modelled fair value of €377,849 (€2,236/m²), a €19,151 (5.1%) gap versus the €397,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 6530ca | Subject | €397,000 | €2,349 | — | 75 | 73 |
| rua José Monteiro Salazar | Active | €370,000 | €2,044 | 13.0% | 75 | 74 |
| rua da Rasa, 698 | Active | €395,000 | €1,927 | 18.0% | 72 | 75 |
| rua Leote do Rego S / N | Active | €235,000 | €2,448 | 4.2% | 75 | 63 |
| rua António Sampaio S / N | Active | €356,900 | €2,478 | 5.5% | 75 | 67 |
| Median comp | €363,450 | €2,246 | 4.4% | 75 | 71 |
Long-term rental This property demonstrates a respectable yield of 4.2%, making it a viable option for long-term rental investors. However, with a fair value at €377,849 and listed at €397,000, the property is fairly priced, limiting immediate capital appreciation potential. Family rental The 3-bedroom layout and solid neighborhood ratings (73/100) indicate suitability for families seeking long-term housing. Despite the fair pricing, the moderate condition score of 79/100 suggests the need for some updates, which could impact the long-term rental strategy's execution. Buy-and-hold As a buy-and-hold investment, the property offers stable prospects given its location in Vila Nova de Gaia, part of the growing Porto metropolitan area. The fair valuation confirms that while the investment's entry price is justifiable, potential returns may need to be aligned with the local rental yield of 4.2% over time.
Moderate economic and tenant risk The economic stability score of 70 and tenant stability score of 70 indicate potential volatility in cash flow, which may impact long-term investment performance due to varying market conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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