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 87 m², built in 1999, energy rating C. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment features a gated community with well-maintained gardens and a tennis court, enhancing family recreation and lifestyle within a vibrant neighborhood close to amenities and the beach.
The valuation. The asking price of €263,000 sits above the fair value of €207,451, reflecting a premium of €55,549 (26.8%). This property is therefore classified as overpriced.
Fair value modelled at €207,451 from 6 comparable sales in the area. Asking €263,000 sits €55,549 (26.8%) above — overpriced versus fair value.
Asking €263,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €231,951 (€2,666/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 is below the parish average, reducing 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 €231,951, adjusted for condition and micro-location, gives a modelled fair value of €207,451 (€2,384/m²), a €55,549 (26.8%) gap versus the €263,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 3a72a5 | Subject | €263,000 | €3,023 | — | 62 | 73 |
| Santa Marinha e São Pedro da Afurada · 1e60d2 | Active | €170,000 | €2,429 | 19.7% | — | 70 |
| Santa Marinha e São Pedro da Afurada · be91b3 | Active | €260,000 | €1,940 | 35.8% | 58 | 72 |
| Santa Marinha e São Pedro da Afurada · 938842 | Active | €275,000 | €2,165 | 28.4% | 62 | 68 |
| Canidelo · 38b73b | Active | €259,000 | €3,047 | 0.8% | 60 | 71 |
| Median comp | €259,500 | €2,297 | 24.0% | 60 | 71 |
Long-term rental The 2-bed apartment in Canidelo, priced at €263,000, is not an attractive option for long-term rental due to its 26.8% gap from the fair value of €207,451. With a gross yield of 4.3%, the investment lacks the necessary profitability to justify the high price point. Family rental At €263,000, this property presents challenges for family rental investment as it exceeds fair value by 26.8%, limiting potential rental returns. A gross yield of only 4.3% indicates that the property may not generate sufficient demand among families looking for value. Buy-and-hold The current listing price of €263,000 suggests that this buy-and-hold strategy is unfavorable, considering the fair value of €207,451 that represents a 26.8% overpricing. The anticipated growth in value does not compensate for the property’s lackluster yield of 4.3%, making it a less attractive long-term investment.
Moderate economic and tenant risk With both economic and tenant stability scores at 70/100, there is a moderate risk of fluctuating demand and potential vacancies impacting rental income.
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