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.
3-bedroom, 3-bathroom apartment of 177 m² on the 5th floor, energy rating B. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment boasts a fireplace with a heat recovery system and an ambient music system, enhancing both comfort and atmosphere in daily living. Local Amenities: Within proximity to shops, schools, and the stunning beaches of Canidelo. Location Advantage: Excellent access to transportation routes leading to Vila Nova de Gaia and Porto, balancing tranquility with urban convenience.
The valuation. The asking price of €449,900 is €51,226 (12.8%) above fair value, which is set at €398,674. This indicates that the property is overpriced in the current market.
Fair value modelled at €398,674 from 6 comparable sales in the area. Asking €449,900 sits €51,226 (12.8%) above — overpriced versus fair value.
Asking €449,900 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €323,496 (€1,828/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €323,496, adjusted for condition and micro-location, gives a modelled fair value of €398,674 (€2,252/m²), a €51,226 (12.8%) gap versus the €449,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 38b55e | Subject | €449,900 | €2,542 | — | 79 | 72 |
| Canidelo · 4a4243 | Active | €460,000 | €2,473 | 2.7% | 72 | 74 |
| rua Professor Urbano de Moura | Active | €450,000 | €1,800 | 29.2% | 78 | 68 |
| rua Chavinha, 185 | Active | €299,900 | €2,272 | 10.6% | 70 | 76 |
| rua Padre Iria Carvalhal | Active | €585,000 | €2,233 | 12.2% | 79 | 67 |
| Median comp | €455,000 | €2,253 | 11.4% | 75 | 71 |
Long-term rental The 3-bed apartment in Canidelo, priced at €449,900, significantly exceeds its fair value of €398,674, making it overpriced by 12.8%. With a yield of 4.1%, investors should be cautious as the property does not present a favorable return potential in the long term. Family rental Given the condition rating of 82/100, the apartment may appeal to families, but the high asking price suggests a misalignment with the local market dynamics. As the neighborhood benefits from residential characteristics but presents a lower rating of 72/100, caution is warranted before committing to a family rental investment. Buy-and-hold The 12.8% valuation gap indicates that the property is overpriced, which may lead to subpar capital appreciation over time. Investors should consider the potential for stagnant growth, given the suburban location and moderate amenities associated with the neighborhood. Not ideal for Short-term vacation rental, Luxury market, Student housing.
Tenant turnover risk High tenant turnover may occur due to the tenant stability score of 73/100, potentially leading to increased vacancy rates and lost rental income.
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