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 122 m², energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment boasts a generous balcony with panoramic sea views, providing a serene outdoor space for relaxation and entertaining, enhancing the modern living experience.
The valuation. The asking price of €575,000 sits €30,202 (5.5%) above the fair value of €544,798. This position indicates the property is fairly priced, making it a viable option for investment.
Fair value modelled at €544,798 from 6 comparable sales in the area. Asking €575,000 sits €30,202 (5.5%) above — overpriced versus fair value.
Asking €575,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €490,138 (€4,018/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 €490,138, adjusted for condition and micro-location, gives a modelled fair value of €544,798 (€4,466/m²), a €30,202 (5.5%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 8314c4 | Subject | €575,000 | €4,713 | — | 80 | 65 |
| Santa Marinha e São Pedro da Afurada · bf27b5 | Active | €630,000 | €4,846 | 2.8% | 78 | 72 |
| rua de Bartolomeu Velho | Active | €895,000 | €5,491 | 16.5% | 79 | 70 |
| Lordelo do Ouro e Massarelos · 4a429b | Active | €955,000 | €5,190 | 10.1% | 77 | 71 |
| rua Calisto S / N | Active | €625,000 | €4,085 | 13.3% | 80 | 75 |
| Median comp | €762,500 | €5,018 | 6.5% | 79 | 72 |
Long-term rental The property is currently priced at €575,000, only 5.5% above its fair value of €544,798, indicating a stable investment for long-term rental. With a gross yield of 4.1% and a decent condition rating of 82/100, it holds potential for steady cash flow in a suburban area influenced by Porto. Family rental With the apartment's fair valuation standing at €544,798 and its current price reflecting a reasonable mark-up, it is well-positioned for family rental opportunities. The suburban character and moderate crime levels in the mixed urban-residential neighborhood can appeal to families seeking a comfortable living environment. Value-add renovation The property, priced at €575,000 with a fair value of €544,798, presents limited opportunity for significant value-add renovations, given the relatively high asking price. However, improving the unit could elevate its appeal in the neighborhood with a score of 65/100, potentially increasing its rental income and overall value. Not ideal for the luxury market With its current pricing and location characteristics, the property is not suited for the luxury market segment. The neighborhood dynamics and moderate amenities do not align with luxury housing demands, limiting its attractiveness in that sphere. Not ideal for short-term vacation rental Given the property's suburban context and a neighborhood score of 65/100, it is not suited for short-term vacation rental opportunities. The area's mixed urban-residential characteristics may not attract transient occupants as effectively as more tourist-centric locations. Not ideal for student housing The property, while fairly priced, is not ideal for student housing due to its suburban setting and perceived tenant quality. The close proximity to Porto may not compensate for the lesser demand from the student demographic in this neighborhood.
Economic and tenant volatility risk: With both the economic stability and tenant stability scores at 65/100, there is a significant risk of inconsistent rental income due to potential fluctuations in both the local economy and tenant retention rates.
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