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 79 m², energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment boasts an open-plan living area that enhances connectivity between spaces, complemented by large windows offering panoramic views of the surrounding landscapes.
The valuation. The asking price of €465,000 is significantly above the fair value of €344,500, with a discrepancy of €120,500 (35.0%). This property is overpriced. Buy-to-flip angle. The potential to resell the apartment quickly is limited due to its high asking price, which may hinder profit margins for flipping. Buy-to-let angle. With an estimated monthly rent of €853, the gross yield stands at 2.2%, indicating a modest return for long-term rental investors in this suburban area.
Fair value modelled at €344,500 from 6 comparable sales in the area. Asking €465,000 sits €120,500 (35.0%) above — overpriced versus fair value.
Asking €465,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €332,551 (€4,210/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €332,551, adjusted for condition and micro-location, gives a modelled fair value of €344,500 (€4,361/m²), a €120,500 (35.0%) gap versus the €465,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 57f987 | Subject | €465,000 | €5,886 | — | 80 | 73 |
| Canidelo · cbc036 | Active | €324,900 | €4,451 | 24.4% | 86 | 70 |
| Canidelo · fe6453 | Active | €410,000 | €4,271 | 27.4% | 75 | 68 |
| Santa Marinha e São Pedro da Afurada · 4a45f0 | Active | €279,000 | €4,650 | 21.0% | 85 | 70 |
| Santa Marinha e São Pedro da Afurada · 62708f | Active | €420,000 | €3,962 | 32.7% | 85 | 80 |
| Median comp | €367,450 | €4,361 | 25.9% | 85 | 70 |
Long-term rental The property’s current listing price is 35% higher than its fair value, making it a challenging option for long-term rental investments with a gross yield of only 2.2%. Given the location's access to Porto's amenities, the demand may not justify the current pricing. Family rental Valued at €344,500, this apartment's listing price presents significant risk for a family rental strategy, as prices exceed fair market value by 35%. With a neighborhood rating of 73/100, potential family tenants may be deterred by the inflated costs relative to comparable properties. Buy-and-hold As a buy-and-hold strategy, the €465,000 price does not meet favorable criteria, considering it's overpriced, leaving potential investors with a limited upside given the 2.2% yield. Long-term capital appreciation seems unlikely as it is already priced significantly above its fair value of €344,500.
Economic Volatility Risk A score of 70/100 in economic stability suggests potential fluctuations in the local economy that could negatively impact property values.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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