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 113 m², built in 2007, energy rating C. Located on caminho do Espinheiro, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property includes a jacuzzi bathtub in the modern bathrooms, enhancing relaxation and luxury, as well as a central vacuum system for effortless cleaning.
The valuation. The asking price of €345,000 sits €75,832 (28.2%) above the fair value of €269,168, indicating that the property is overpriced. There is little justification for this premium in the current market.
Fair value modelled at €269,168 from 6 comparable sales in the area. Asking €345,000 sits €75,832 (28.2%) above — overpriced versus fair value.
Asking €345,000 versus the caminho do Espinheiro area baseline of €267,436 (€2,367/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €267,436, adjusted for condition and micro-location, gives a modelled fair value of €269,168 (€2,382/m²), a €75,832 (28.2%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| caminho do Espinheiro | Subject | €345,000 | €3,053 | — | 76 | 72 |
| Canidelo · 89e5c3 | Active | €309,000 | €3,219 | 5.4% | 85 | 70 |
| rua de Chouselas S / N | Active | €345,000 | €3,136 | 2.7% | 72 | 73 |
| rua Professor Urbano de Moura S / N | Active | €395,000 | €2,257 | 26.1% | 80 | 73 |
| rua José Pereira Araújo | Active | €345,000 | €2,447 | 19.9% | 75 | 67 |
| Median comp | €345,000 | €2,792 | 8.6% | 78 | 72 |
Long-term rental The 2-bed apartment in Canidelo is priced at €345,000, which is 28.2% above its fair value of €269,168, indicating it is overpriced. With a gross yield of only 3.6%, this property may not offer sufficient returns for a long-term rental investment. Buy-and-hold Despite its potential for long-term value appreciation in an urban-influenced suburban area, the asking price of €345,000 is above its fair value of €269,168, categorizing the property as overpriced. Investors may find it difficult to achieve satisfactory capital gains given the current valuation gap. Family rental While the property is located in a family-oriented neighborhood with a decent condition rating of 79/100, the asking price of €345,000 significantly exceeds its fair value of €269,168, making it overpriced. Families seeking long-term rentals may view this apartment as too costly relative to comparable options in the area.
Economic Volatility A moderate economic stability score of 75 indicates potential fluctuations in the local market, which could affect rental income and tenant retention.
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