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, 6-bathroom apartment of 174 m² on the 3rd floor, built in 2021, energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This property features a spacious 10.40m² south-facing balcony, ideal for sunbathing throughout the day, and has a dedicated charging preparation for electric vehicles in the garage.
The valuation. The asking price of €385,000 sits 6.0% below the fair value of €409,417, indicating a fair valuation. This offers an opportunity for potential appreciation if the market trends positively.
Fair value modelled at €409,417 from 6 comparable sales in the area. Asking €385,000 sits €24,417 (6.0%) below — the upside to fair value.
Asking €385,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €345,664 (€1,987/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €345,664, adjusted for condition and micro-location, gives a modelled fair value of €409,417 (€2,353/m²), a €24,417 (6.0%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · f46b3c | Subject | €385,000 | €2,213 | — | 88 | 74 |
| rua Padre Iria Carvalhal | Active | €585,000 | €2,233 | 0.9% | 79 | 67 |
| rua Padre Iria Carvalhal, 121 | Active | €575,000 | €2,195 | 0.8% | 77 | 71 |
| Canidelo · 4a4243 | Active | €460,000 | €2,473 | 11.8% | 72 | 74 |
| rua Professor Urbano de Moura | Active | €450,000 | €1,800 | 18.6% | 78 | 68 |
| Median comp | €517,500 | €2,214 | 0.1% | 78 | 70 |
Long-term rental The property presents a gross yield of 4.6%, which is reasonable in a suburban area like Canidelo where demand is stable. Given the fair valuation of €409,417, potential investors should be aware that long-term rental income may not fully capitalize on the investment's available return, considering the slight gap to fair value. Family rental With a neighborhood rating of 74/100 and a strong condition score of 85/100, this apartment is well-suited for families looking for spacious living. However, at a listing price of €385,000, it is positioned at fair value, suggesting that returns may align with expectations but may not exceed them significantly. Buy-and-hold The property's location in a suburban area of Porto offers a promising long-term investment with steady demand and amenities. While currently listed at fair value, investors should recognize the potential for gradual appreciation in the property market, albeit at a conservative rate given the existing pricing structure.
Tenant turnover risk The tenant stability score of 75/100 indicates potential challenges in retaining tenants, which could lead to higher vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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