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 73 m², energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. The property features a 26m² kitchenette that enhances the open-concept design and offers ample space for both cooking and entertaining, along with stunning views from the balcony.
The valuation. The asking price of €324,900 reflects a premium of €6,074 (1.9%) over the fair value of €318,826, indicating that the property is fairly priced within the current market context. Buy-to-flip angle. The strategy involves potential strategic renovations and quick resale, capitalizing on the high-quality finishes to attract buyers seeking modern living in a metropolitan area, enhancing resale value significantly. Buy-to-let angle. With an estimated gross yield of 3.1% from an anticipated €839 monthly rental income, the property is well-suited for long-term rentals, appealing particularly to families in a suburban setting.
Fair value modelled at €318,826 from 6 comparable sales in the area. Asking €324,900 sits €6,074 (1.9%) above — overpriced versus fair value.
Asking €324,900 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €298,090 (€4,083/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €298,090, adjusted for condition and micro-location, gives a modelled fair value of €318,826 (€4,367/m²), a €6,074 (1.9%) gap versus the €324,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · cbc036 | Subject | €324,900 | €4,451 | — | 86 | 70 |
| Santa Marinha e São Pedro da Afurada · 62708f | Active | €420,000 | €3,962 | 11.0% | 85 | 80 |
| rua Calisto S / N | Active | €625,000 | €4,085 | 8.2% | 80 | 75 |
| rua Professor Rui Luís Gomes | Active | €420,000 | €4,000 | 10.1% | 80 | 73 |
| rua da Vitória, 152 | Active | €490,000 | €5,632 | 26.5% | 85 | 81 |
| Median comp | €455,000 | €4,043 | 9.2% | 83 | 78 |
Family rental This 2-bed apartment in Canidelo, priced at €324,900, is positioned within a Porto metropolitan area that benefits from economic stability and low suburban crime rates. With a fair value of €318,826, the 1.9% gap indicates that the apartment is fairly priced, appealing to families seeking a secure environment. Long-term rental The property's gross yield of 3.1% reflects its stability as a long-term rental investment in a neighborhood rated 70/100 for tenant quality. Given its fair value positioning at €318,826, it serves as a consistent option for landlords looking to maintain occupancy in a reliable market. Buy-and-hold As a buy-and-hold investment, this property is suitable due to its location within the economically stable Porto metropolitan area, which supports price appreciation over the long term. Although the apartment is fairly priced at €324,900 against a fair value of €318,826, it holds promise for slow, steady growth in value, making it a solid addition for long-term portfolios.
[Tenant turnover risk] With a tenant stability score of 65/100, there is a heightened risk of frequent tenant turnover, which could lead to increased vacancy and costs associated with re-leasing the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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