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 110 m², energy rating C. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes a hydro massage bathtub for relaxation and pre-installation for ambient music to enhance the living experience.
The valuation. The property is listed at €345,000, representing a significant premium of €75,729 or 28.1% above its fair value of €269,271. This indicates that the asking price is overpriced in the current market.
Fair value modelled at €269,271 from 5 comparable sales in the area. Asking €345,000 sits €75,729 (28.1%) above — overpriced versus fair value.
Asking €345,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €293,718 (€2,670/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €293,718, adjusted for condition and micro-location, gives a modelled fair value of €269,271 (€2,448/m²), a €75,729 (28.1%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 831397 | Subject | €345,000 | €3,136 | — | 75 | 72 |
| rua Areias do Cabedelo | Active | €290,000 | €1,946 | 37.9% | 75 | 66 |
| rua José Pereira Araújo | Active | €345,000 | €2,447 | 22.0% | 75 | 67 |
| caminho do Espinheiro | Active | €345,000 | €3,053 | 2.7% | 76 | 72 |
| rua Leote do Rego S / N | Active | €235,000 | €2,448 | 22.0% | 75 | 63 |
| Median comp | €317,500 | €2,448 | 22.0% | 75 | 67 |
Long-term rental The property is overpriced by 28.1%, limiting potential returns on investment and making it less attractive for long-term rental, where yields stand at only 2.8%. Given the condition rating of 78/100 and neighbourhood score of 72/100, the competition for tenants may not justify the higher price point. Family rental Due to the property's pricing at €345,000, which exceeds its fair value of €269,271 by 28.1%, it may struggle to attract families looking for value in a suburban area. Additionally, the neighbourhood's qualities and amenities may not support the premium asking price for family housing, impacting overall demand. Buy-and-hold The 2-bed apartment's listing price reflects an overpriced market standing, with a fair value significantly lower at €269,271, resulting in an underwhelming gross yield of 2.8%. This disconnect between price and value raises concerns about long-term appreciation and rental income stability, making it a less appealing buy-and-hold strategy in the current market environment.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of turnover, potentially leading to increased vacancy and renovation costs.
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