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, 1-bathroom apartment of 98 m² on the 5th floor, built in 1992, energy rating C. Located on vereda 2 À Rua, 4, Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment boasts three exposures providing stunning sea views and abundant natural light throughout the day, enhancing both comfort and ambiance for its residents.
The valuation. The asking price of €265,000 sits below the fair value of €296,778, indicating a favorable position in the market by €31,778 (10.7%). This property represents an attractive opportunity for buyers looking to capitalize on its underpriced status.
Fair value modelled at €296,778 from 6 comparable sales in the area. Asking €265,000 sits €31,778 (10.7%) below — the upside to fair value.
Asking €265,000 versus the vereda 2 À Rua, 4 area baseline of €340,822 (€3,478/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 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 €340,822, adjusted for condition and micro-location, gives a modelled fair value of €296,778 (€3,028/m²), a €31,778 (10.7%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| vereda 2 À Rua, 4 | Subject | €265,000 | €2,704 | — | 53 | 73 |
| rua de Diogo Botelho, 137 | Active | €270,000 | €3,000 | 10.9% | 63 | 75 |
| rua de Bustes, 842 | Active | €270,000 | €3,034 | 12.2% | — | 75 |
| Canidelo · 38b73b | Active | €259,000 | €3,047 | 12.7% | 60 | 71 |
| Canidelo · 3a72a5 | Active | €263,000 | €3,023 | 11.8% | 62 | 73 |
| Median comp | €266,500 | €3,029 | 12.0% | 62 | 74 |
Long-term rental The 2-bed apartment in Canidelo offers a gross yield of 6.2%, making it an attractive option for long-term rental investment in a suburban area near Porto. With a fair value gap of 10.7%, investors can capitalize on favorable conditions while targeting quality tenants in a safe neighborhood. Family rental This property is well-suited for family rental, boasting a decent condition score of 56/100 and being located in a region known for safety and good schools. The fair value gap of 10.7% indicates potential for stable rental income from families seeking a community-oriented atmosphere in Vila Nova de Gaia. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy can be advantageous given its 10.7% gap from fair value, signaling potential for appreciation over time. With a robust yield of 6.2% and a neighborhood score of 73/100, this property aligns with long-term investment goals in a safe and family-friendly area.
Tenant turnover risk High tenant turnover could be a concern given the tenant stability score of 75/100, indicating potential fluctuations in occupancy rates and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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