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 96 m², energy rating C. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Feature: The apartment includes two balconies offering stunning views, enhancing outdoor living space and natural ventilation, while the three-front exposure maximizes daylight throughout the interior.
The valuation. The asking price of €309,000 is significantly above the fair value of €213,105, leaving a discrepancy of €95,895, or 45.0%. This apartment is overpriced based on current market conditions. Buy-to-flip angle. With renovations not necessary due to the apartment's high condition score of 82, a targeted purchase could appeal to buyers looking for modern finishes. A quick resale could aim for a price of approximately €340,000, yielding a profit upon sale. Buy-to-let angle. The gross rental yield of 3.1% allows for a consistent income stream of around €798/month. Given the suburban location with good access to Porto’s amenities, family rentals could be a lucrative strategy.
Fair value modelled at €213,105 from 6 comparable sales in the area. Asking €309,000 sits €95,895 (45.0%) above — overpriced versus fair value.
Asking €309,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €221,981 (€2,312/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €221,981, adjusted for condition and micro-location, gives a modelled fair value of €213,105 (€2,220/m²), a €95,895 (45.0%) gap versus the €309,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 89e5c3 | Subject | €309,000 | €3,219 | — | 85 | 70 |
| rua Mouzinho de Albuquerque, 357 | Active | €437,500 | €1,894 | 41.2% | 79 | 70 |
| rua Doutor Narciso Rodrigues | Active | €317,500 | €2,581 | 19.8% | 78 | 73 |
| rua Areias do Cabedelo | Active | €290,000 | €1,946 | 39.5% | 75 | 66 |
| avenida António Coelho Moreira | Active | €379,000 | €2,269 | 29.5% | 73 | 71 |
| Median comp | €348,250 | €2,108 | 34.5% | 77 | 71 |
Long-term rental The property in Canidelo is overpriced at €309,000, significantly exceeding its fair value of €213,105, which limits potential returns on a long-term rental strategy. With a gross yield of only 3.1%, investors may find more favorable opportunities in the market that offer a better balance of price and rental income. Family rental This 2-bed apartment, while located in a suburban area with decent amenities, is listed at a price that reflects a 45.0% gap from its fair value, making it a less attractive option for family rentals. The current pricing suggests that it may not align well with family budget expectations in the region. Buy-and-hold Investing in this property as a buy-and-hold strategy is challenging given its current listing of €309,000, which is well above its fair value. The significant price discrepancy indicates that potential future appreciation may be offset by the initial overvaluation, leading to diminished capital growth prospects. Not ideal for: Luxury market, Short-term vacation rental
Economic Vulnerability With an economic stability score of 75/100, there may be underlying market challenges that could affect long-term rental income potential. Tenant Turnover Risk A tenant stability score of 70/100 suggests potential higher turnover rates, which could lead to increased vacancy costs and impact cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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