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, built in 2010, energy rating B. Located on rua Fábrica da Lã, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This elevated ground floor apartment offers increased security and privacy, while the 5.60 m² balcony enhances outdoor living space with tranquil views. Condições Especiais: Com uma localização estratégica perto da costa e fácil acesso a Porto, é ideal para quem busca conforto e mobilidade.
The valuation. The asking price of €319,000 sits €15,995 (5.3%) above the fair value of €303,005, reflecting a balanced market position. This indicates that the property is fairly valued without any significant overpricing or undervaluation.
Fair value modelled at €303,005 from 6 comparable sales in the area. Asking €319,000 sits €15,995 (5.3%) above — overpriced versus fair value.
Asking €319,000 versus the rua Fábrica da Lã area baseline of €262,393 (€2,116/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting 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 €262,393, adjusted for condition and micro-location, gives a modelled fair value of €303,005 (€2,444/m²), a €15,995 (5.3%) gap versus the €319,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fábrica da Lã | Subject | €319,000 | €2,573 | — | 75 | 73 |
| Canidelo · 133a2e | Active | €279,900 | €2,257 | 12.3% | 70 | 64 |
| rua Oliveiras, 44 | Active | €309,000 | €2,414 | 6.2% | 74 | 66 |
| Canidelo · 4a4243 | Active | €460,000 | €2,473 | 3.9% | 72 | 74 |
| Canidelo · 38b55e | Active | €449,900 | €2,542 | 1.2% | 79 | 72 |
| Median comp | €379,450 | €2,444 | 5.0% | 73 | 69 |
Long-term rental The property’s gross yield of 4.4% indicates reasonable cash flow for traditional renters in a suburban setting. However, with a gap to fair value of 5.3%, it is fairly priced, which suggests that rental income may not cover potential investment appreciation over time. Buy-and-hold The apartment's fair value alignment indicates a stable investment but does not provide a significant opportunity for capital growth. With a condition score of 78/100, it ensures moderate upkeep costs while benefiting from the suburban proximity to Porto. Family rental Family-oriented tenants may appreciate the apartment's spacious layout of 124m² in a decent neighborhood rated 73/100. Although priced fairly, this property might face challenges in long-term value appreciation due to the modest gap from fair value. Not ideal for short-term vacation rental The suburban characteristics of the property and proximity to Porto do not support the demand that typically drives short-term rental yields. Thus, despite being in an accessible area, it remains overpriced for the vacation rental market. Not ideal for student housing Given the property’s suburban location and the quality of the neighborhood, it lacks the vibrancy needed to attract students. Consequently, this apartment is not a favorable investment for that rental segment.
Economic Downturn Risk The economic stability score of 70/100 indicates a moderate risk of economic downturn impacting rental income and property value.
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