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 92 m², energy rating D. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This property features a generous 62m² terrace ideal for outdoor entertainment and is situated in a tranquil area, just 300m from local amenities.
The valuation. The asking price of €199,000 sits slightly above the fair value of €196,266, reflecting a modest variance of €2,734 or 1.4%. This assessment represents a balanced valuation.
Fair value modelled at €196,266 from 6 comparable sales in the area. Asking €199,000 sits €2,734 (1.4%) above — overpriced versus fair value.
Asking €199,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €223,662 (€2,431/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €223,662, adjusted for condition and micro-location, gives a modelled fair value of €196,266 (€2,133/m²), a €2,734 (1.4%) gap versus the €199,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 38b792 | Subject | €199,000 | €2,163 | — | 73 | 70 |
| Canidelo · 834394 | Active | €279,900 | €2,413 | 11.6% | 74 | 72 |
| Santa Marinha e São Pedro da Afurada · 62717c | Active | €350,000 | €1,683 | 22.2% | 73 | 75 |
| Canidelo · a8ee1a | Active | €410,000 | €1,925 | 11.0% | 76 | 71 |
| rua José Monteiro de Castro Portugal | Active | €265,000 | €1,803 | 16.7% | 70 | 73 |
| Median comp | €314,950 | €1,864 | 13.8% | 74 | 73 |
Long-term rental The 2-bed apartment in Canidelo offers a gross yield of 4.8%, which is attractive for long-term rental investments. Given the proximity to Porto and reasonable quality of the neighborhood, it can appeal to stable tenants despite being fairly priced. Buy-and-hold Investing in this property for a buy-and-hold strategy can be effective due to its fair valuation and steady rental yield. With ongoing developments in the Greater Porto area, potential appreciation may align with housing demand in the future. Family rental The apartment is suitable for family rental, capitalizing on the adequate neighborhood rating and accessibility to amenities. While the current fair valuation suggests limited upside, its stable yield is favorable for families seeking a home in the area.
Economic downturn risk A slight dip in economic stability at a score of 70/100 may lead to fluctuating demand for the property, affecting rental income and tenant retention negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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