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, 1-bathroom apartment of 76 m² on the 5th floor, built in 1995, energy rating D. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment boasts a rare lateral sea view from the 5th floor balcony and offers built-in wardrobes in both bedrooms for ample storage space.
The valuation. The asking price of €215,000 is above the fair value of €182,704, resulting in an overvaluation of €32,296 (17.7%). This indicates the property is overpriced relative to its worth.
Fair value modelled at €182,704 from 6 comparable sales in the area. Asking €215,000 sits €32,296 (17.7%) above — overpriced versus fair value.
Asking €215,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €192,303 (€2,530/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is below the parish average, reducing 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 €192,303, adjusted for condition and micro-location, gives a modelled fair value of €182,704 (€2,404/m²), a €32,296 (17.7%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 3d98e4 | Subject | €215,000 | €2,829 | — | 72 | 74 |
| travessa Capitão Ribeiro, 46 | Active | €295,000 | €2,379 | 15.9% | 70 | 76 |
| rua de Bustes | Active | €270,800 | €2,943 | 4.0% | 75 | 76 |
| rua Leote do Rego | Active | €245,000 | €2,227 | 21.3% | 74 | 71 |
| rua da Quinta do Castro | Active | €285,000 | €3,132 | 10.7% | 76 | 70 |
| Median comp | €277,900 | €2,661 | 5.9% | 75 | 74 |
Long-term rental This 2-bed apartment in Canidelo is priced at €215,000, representing a 17.7% gap above its fair value of €182,704, indicating that it is overpriced. With a gross yield of 5.1%, potential returns may not be compelling enough to justify the elevated price point in the current market. Buy-and-hold While holding the property long-term may benefit from potential capital appreciation, the current pricing at €215,000 suggests that it is overpriced relative to its fair value of €182,704. Given the gross yield of 5.1%, investors may find limited upside in a buy-and-hold strategy at this price. Family rental This property, although potentially suitable for family rentals, carries a listing price of €215,000 that exceeds its fair value of €182,704, indicating it is overpriced. The gross yield of 5.1% may attract family renters, but the cost may limit market competitiveness in the long term. Not ideal for short-term vacation rental The current price of €215,000 is substantially above the fair value, making the apartment an overpriced option for short-term vacation rentals. Additionally, the urban amenities of Porto may not fully compensate for the lack of favorable rental returns at this price point. Not ideal for luxury market Selling at €215,000, this property is overpriced compared to its fair value of €182,704 and is unlikely to attract luxury buyers. The conditions and amenities do not support a luxury market positioning, further diminishing its appeal at this price.
Potential tenant turnover The tenant stability score of 70/100 suggests a risk of higher turnover, which could lead to increased vacancy rates and costs associated with tenant acquisition.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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