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 2021, energy rating A+. Located on travessa José Maria Alves, 138, Canidelo parish, Vila Nova de Gaia municipality, Porto district. The apartment boasts a remarkable 120 m² private terrace, fully landscaped and accessible from all rooms, enhancing outdoor living and entertainment opportunities in a modern setting.
The valuation. The asking price of €465,000 is significantly above the fair value of €369,385, representing an overvaluation of €95,615 (25.9%). This indicates that the property is overpriced in the current market landscape.
Fair value modelled at €369,385 from 6 comparable sales in the area. Asking €465,000 sits €95,615 (25.9%) above — overpriced versus fair value.
Asking €465,000 versus the travessa José Maria Alves, 138 area baseline of €342,565 (€3,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €342,565, adjusted for condition and micro-location, gives a modelled fair value of €369,385 (€4,246/m²), a €95,615 (25.9%) gap versus the €465,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa José Maria Alves, 138 | Subject | €465,000 | €5,345 | — | 80 | 73 |
| avenida dos Descobrimentos S / N | Active | €325,000 | €4,851 | 9.2% | 80 | 76 |
| avenida dos Descobrimentos S / N | Active | €325,000 | €4,221 | 21.0% | 80 | 77 |
| Santa Marinha e São Pedro da Afurada · 62708f | Active | €420,000 | €3,962 | 25.9% | 85 | 80 |
| rua António Joaquim Simão da Mota | Active | €570,000 | €2,209 | 58.7% | 82 | 78 |
| Median comp | €372,500 | €4,092 | 23.4% | 81 | 78 |
Long-term rental This property’s price of €465,000 is significantly higher than its fair value of €369,385, resulting in a 25.9% overpriced status that diminishes its appeal as a long-term rental investment. With a low gross yield of 2.5%, the potential return does not justify the current market price, making it a less attractive option for renters seeking reasonable accommodation. Buy-and-hold The current listing price for this apartment is 25.9% above its fair value, reflecting an overpriced asset that may hinder long-term capital appreciation. While the property’s condition rating of 85/100 suggests good maintenance, the overvaluation limits its attractiveness for a buy-and-hold investment strategy. Family rental At €465,000, this apartment is overpriced by 25.9%, which may deter families seeking reasonable housing cost solutions in the Canidelo area. Although the property boasts a decent condition rating, the high price relative to fair value poses challenges to securing long-term tenants in a competitive rental market.
Tenant turnover risk With a tenant stability score of 70/100, there is a 30% chance that tenants might leave more frequently, potentially increasing turnover costs and vacancy rates.
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