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 70 m² on the 4th floor, built in 1996, energy rating D. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes a multifunctional enclosed balcony that adapts to various needs, and the independent laundry area enhances daily convenience and organization. Location Benefits: Just minutes from the beach and essential services. Garage: The closed box garage provides secure parking and extra storage space.
The valuation. The asking price of €409,000 is significantly above the fair value of €218,786, reflecting an 86.9% premium. This property is deemed overpriced and does not present a sound investment opportunity.
Fair value modelled at €218,786 from 6 comparable sales in the area. Asking €409,000 sits €190,214 (86.9%) above — overpriced versus fair value.
Asking €409,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €211,787 (€3,026/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €211,787, adjusted for condition and micro-location, gives a modelled fair value of €218,786 (€3,126/m²), a €190,214 (86.9%) gap versus the €409,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 19098d | Subject | €409,000 | €5,843 | — | 75 | 72 |
| Madalena · 28bc9a | Active | €320,000 | €3,200 | 45.2% | 70 | 72 |
| rua Machado dos Santos, 330 | Active | €289,900 | €3,020 | 48.3% | 75 | 68 |
| Lordelo do Ouro e Massarelos · 023b1b | Active | €1,250,000 | €7,022 | 20.2% | 78 | 72 |
| rua Estamparia de Lavadores, 491 | Active | €275,000 | €2,865 | 51.0% | 75 | 73 |
| Median comp | €304,950 | €3,110 | 46.8% | 75 | 72 |
Long-term rental The current listing price of €409,000 is 86.9% above its fair value of €218,786, making this property overpriced for a long-term rental strategy. With a modest gross yield of 2.6% in a suburban area of Vila Nova de Gaia, the investment may not generate sufficient returns to justify the entry cost. Family rental The home’s residential character and reasonable condition rating of 78/100 indicate it could be a suitable family rental; however, the property is still overpriced at €409,000 versus its fair value of €218,786. Families may prioritize reasonable rent over premium prices, limiting the potential tenant pool and return on investment. Buy-and-hold At a listing price significantly above fair value, the buy-and-hold strategy appears unwise for this property, given its €409,000 price tag compared to the €218,786 fair valuation. While the area's stable occupancy may provide some long-term benefits, the inflated price limits upside potential and could hinder profitability over time.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 75/100, there is a moderate risk of fluctuations in rental income and potential vacancies affecting cash flow.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
