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 124 m² on the 2nd floor, built in 1999, energy rating B. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy features: The apartment includes two balconies that enhance indoor-outdoor living and a fireplace with heat recovery for efficient warmth during cooler months.
The valuation. The asking price of €279,900 sits €22,037 (7.3%) below the fair value of €301,937, indicating a fair market positioning. This makes for a reasonable investment opportunity reflecting true worth.
Fair value modelled at €301,937 from 6 comparable sales in the area. Asking €279,900 sits €22,037 (7.3%) below — the upside to fair value.
Asking €279,900 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €330,546 (€2,666/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 is below the parish average, reducing 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 €330,546, adjusted for condition and micro-location, gives a modelled fair value of €301,937 (€2,435/m²), a €22,037 (7.3%) gap versus the €279,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 133a2e | Subject | €279,900 | €2,257 | — | 70 | 64 |
| Canidelo · ba3ed8 | Active | €334,000 | €2,456 | 8.8% | 65 | 72 |
| rua Nova dos Chãos Vermelhos, 34 | Active | €350,000 | €2,734 | 21.1% | 65 | 63 |
| Canidelo · 4a4243 | Active | €460,000 | €2,473 | 9.6% | 72 | 74 |
| rua Oliveiras, 44 | Active | €309,000 | €2,414 | 6.9% | 74 | 66 |
| Median comp | €342,000 | €2,465 | 9.2% | 69 | 69 |
Long-term rental This property is poised to generate a robust yield of 4.9% gross, making it a viable option for investors seeking steady cash flow. However, with a fair value of €301,937 and a listing price of €279,900, the property is considered to be priced fairly, indicating that investors should carefully assess their investment horizon and market dynamics. Family rental Given its spacious 124m² layout and suburban Porto location, this 2-bed apartment is well-suited for families looking for comfortable living while still being close to the city. The property is fairly priced at €279,900 compared to its fair value of €301,937, suggesting that while it may attract family tenants, investors should not expect significant appreciation in the short term. Buy-and-hold The stability offered by this property in a suburban context is complemented by a decent 4.9% gross yield, making it an appealing buy-and-hold investment. With a fair valuation reflected in the listing price, investors may find this property effective for long-term wealth accumulation, but immediate capital appreciation may be limited.
Economic Sensitivity Risk: With both the economic stability and tenant stability scores at 65/100, there is a significant risk that economic downturns could negatively impact tenant retention and rental income, particularly if market conditions worsen.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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