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.
4-bedroom, 4-bathroom apartment of 235 m², built in 2007, energy rating C. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes a spacious living room that opens onto a large balcony, ideal for entertaining and enjoying views, and boasts a dedicated laundry room for added convenience.
The valuation. The asking price of €648,000 is significantly above the fair value of €561,014, resulting in an overvaluation of €86,986, or 15.5%. This indicates that the property is overpriced relative to its market worth.
Fair value modelled at €561,014 from 6 comparable sales in the area. Asking €648,000 sits €86,986 (15.5%) above — overpriced versus fair value.
Asking €648,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €521,998 (€2,221/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 €521,998, adjusted for condition and micro-location, gives a modelled fair value of €561,014 (€2,387/m²), a €86,986 (15.5%) gap versus the €648,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 626f5e | Subject | €648,000 | €2,757 | — | 80 | 67 |
| avenida da República | Active | €470,000 | €2,448 | 11.2% | 73 | 72 |
| rua de Pinto Mourão | Active | €379,900 | €2,451 | 11.1% | 73 | 69 |
| rua do Fojo, 83 | Active | €365,000 | €2,281 | 17.3% | 70 | 69 |
| vereda 1 da Rua Gonçalo Velho Cabral, 2 | Active | €349,000 | €2,327 | 15.6% | 78 | 70 |
| Median comp | €372,450 | €2,388 | 13.4% | 73 | 70 |
Long-term rental This property, valued at €561,014, shows a 15.5% gap from its listing price of €648,000, indicating it is overpriced. With a gross yield of only 3% and a neighbourhood score of 67/100, the long-term rental potential may not justify the current investment. Family rental While the spacious 4-bed apartment has appealing features for families, its current listing price exceeds its fair value by 15.5%, making it overpriced. With a condition score of 82/100, the property may attract families, but the neighbourhood rating of 67/100 could limit demand. Buy-and-hold Despite a solid condition score, this property’s listing at €648,000 signifies it is overpriced compared to its fair value of €561,014, translating to a 15.5% premium. The low gross yield of 3% and mixed neighbourhood dynamics suggest that a buy-and-hold strategy may not deliver the expected returns.
Tenant turnover risk A tenant stability score of 60/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and lost rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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