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 129 m², energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes three private balconies off each suite, enhancing the exclusive outdoor living experience with unobstructed sea views. Nearby Amenities: The prestigious Seca do Bacalhau area offers vibrant dining and leisure options within walking distance.
The valuation. The asking price of €930,000 is significantly above fair value, which is estimated at €666,733, making it overpriced by €263,267 (39.5%). This property is unlikely to attract serious buyers at its current price.
Fair value modelled at €666,733 from 6 comparable sales in the area. Asking €930,000 sits €263,267 (39.5%) above — overpriced versus fair value.
Asking €930,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €580,777 (€4,502/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 88/100 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 €580,777, adjusted for condition and micro-location, gives a modelled fair value of €666,733 (€5,168/m²), a €263,267 (39.5%) gap versus the €930,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · cc9b22 | Subject | €930,000 | €7,209 | — | 85 | 67 |
| Canidelo · 8314c4 | Active | €575,000 | €4,713 | 34.6% | 80 | 65 |
| rua de Bartolomeu Velho | Active | €895,000 | €5,491 | 23.8% | 79 | 70 |
| Santa Marinha e São Pedro da Afurada · bf27b5 | Active | €630,000 | €4,846 | 32.8% | 78 | 72 |
| Canidelo · b7b4ed | Active | €850,000 | €6,746 | 6.4% | 88 | 71 |
| Median comp | €740,000 | €5,169 | 28.3% | 80 | 71 |
Long-term rental The property's listing price of €930,000 represents a significant overvaluation given its fair value of €666,733, resulting in a 39.5% gap. With a gross yield of only 2.3%, the long-term rental strategy is unlikely to achieve attractive returns in this suburban market. Family rental At a price point of €930,000, this property is overpriced compared to the fair value of €666,733, indicating a substantial disconnect in market expectations. The moderate demand in the area further suggests that positioning this property for family rentals may not yield favorable results due to its low return potential. Buy-and-hold The current listing of €930,000 exceeds the fair value of €666,733, reflecting a 39.5% overpricing that could hinder long-term investment success. Given the property's modest yield of 2.3% and the neighborhood's average ratings, the buy-and-hold strategy would likely underperform compared to other investment opportunities.
Tenant turnover risk The combined tenant stability and economic stability scores of 70/100 indicate a moderate potential for tenant turnover, which may affect cash flow and overall investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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