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 91 m², built in 2000, energy rating D. Located on rua Encosta do Sol, 99, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The spacious kitchen includes an independent laundry area, and the living room opens to a private balcony, enhancing both functionality and outdoor access.
The valuation. The asking price of €260,000 is significantly above the fair value of €214,797, placing it at €45,203 (21.0%) over market expectations. This indicates the property is overpriced. Buy-to-flip angle. Given the current market conditions, a buy-to-flip strategy could prove challenging, as selling at the asking price would require significant market appreciation or renovations to attain a competitive edge. Buy-to-let angle. With an estimated gross yield of 4.7% (~€1,018/month), the property can serve as a viable long-term rental investment, appealing to families attracted to the suburban Porto area with good urban connectivity.
Fair value modelled at €214,797 from 6 comparable sales in the area. Asking €260,000 sits €45,203 (21.0%) above — overpriced versus fair value.
Asking €260,000 versus the rua Encosta do Sol, 99 area baseline of €200,624 (€2,205/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €200,624, adjusted for condition and micro-location, gives a modelled fair value of €214,797 (€2,360/m²), a €45,203 (21.0%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Encosta do Sol, 99 | Subject | €260,000 | €2,857 | — | 70 | 72 |
| rua Leote do Rego | Active | €245,000 | €2,227 | 22.0% | 74 | 71 |
| Canidelo · 38b73b | Active | €259,000 | €3,047 | 6.6% | 60 | 71 |
| rua Leote do Rego | Active | €245,000 | €2,227 | 22.0% | 74 | 68 |
| rua de Domingos Alvão | Active | €185,000 | €2,342 | 18.0% | 73 | 78 |
| Median comp | €245,000 | €2,285 | 20.0% | 74 | 71 |
Long-term rental With a fair value of €214,797, the property is listed at €260,000, representing a significant gap of 21.0% and indicating that it is overpriced. Despite a gross yield of 4.7%, the current price diminishes the attractiveness for long-term rental investors looking for returns in line with market value. Family rental The property in Canidelo offers decent amenities and a good neighborhood score of 72/100, but the asking price surpasses fair value by 21.0%, suggesting it is overpriced. Families seeking rental options may find better value elsewhere due to the cost-effectiveness of alternative housing choices in the area. Buy-and-hold While the property’s condition rating of 67/100 could support a buy-and-hold strategy, the gap of 21.0% from its fair value reflects an overpriced listing, which could hinder long-term asset appreciation. Investors focused on capital growth might need to reconsider this property as part of a long-term portfolio due to its inflated price tag.
Moderate tenant turnover risk The tenant stability score of 65/100 indicates a moderate level of risk for potential turnover, which may lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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