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.
4-bedroom, 4-bathroom apartment of 246 m², built in 2024, energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This property features a spacious 77m² terrace, perfect for outdoor entertaining and enjoying panoramic views of the surrounding nature and upscale community.
The valuation. The asking price of €1,450,000 is €55,442 (4.0%) above the fair value of €1,394,558, indicating a fair valuation consistent with market expectations. Buy-to-flip angle. The property can be refreshed and positioned for a resale strategy, leveraging the high-end finishes to attract buyers seeking luxurious accommodations in the desirable Canidelo area. Buy-to-let angle. A long-term rental approach can capitalize on the family-oriented neighborhood, though the current gross yield sits at 0%, indicating the need for strategic pricing to ensure future returns.
Fair value modelled at €1,394,558 from 6 comparable sales in the area. Asking €1,450,000 sits €55,442 (4.0%) above — overpriced versus fair value.
Asking €1,450,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €1,293,682 (€5,259/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €1,293,682, adjusted for condition and micro-location, gives a modelled fair value of €1,394,558 (€5,669/m²), a €55,442 (4.0%) gap versus the €1,450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · e833f7 | Subject | €1,450,000 | €5,894 | — | 80 | 77 |
| Santa Marinha e São Pedro da Afurada · 483b31 | Active | €850,000 | €5,782 | 1.9% | 85 | 75 |
| rua Dominguez Alvarez | Active | €1,200,000 | €5,530 | 6.2% | 80 | 75 |
| rua Dominguez Alvarez, 104 | Active | €1,200,000 | €5,530 | 6.2% | 78 | 76 |
| Lordelo do Ouro e Massarelos · 439308 | Active | €1,350,000 | €6,784 | 15.1% | 82 | 84 |
| Median comp | €1,200,000 | €5,656 | 4.0% | 81 | 76 |
Long-term rental The apartment is reasonably priced at €1,450,000, slightly above the fair value of €1,394,558, indicating a fair investment for long-term rental with negligible yield expected. The neighborhood's family-oriented environment and low crime rate further enhance its appeal for stable long-term tenants. Buy-and-hold With a fair evaluation of €1,450,000 against the fair value of €1,394,558, this property represents a stable buy-and-hold investment prospect in a reputable area. The potential for property appreciation is supported by Canidelo's proximity to Porto and the underlying demand for family-oriented spaces. Family rental This 4-bed apartment is fairly priced at €1,450,000, just above its fair value of €1,394,558, which aligns well with family rental demands in the area. Its advantageous condition and neighborhood amenities make it a suitable choice for families seeking a long-term home. Short-term vacation rental The property at €1,450,000 does not align with short-term vacation rental strategies, as it is positioned within a family-focused area rather than a tourist hotspot. The absence of yield potential further supports that this strategy is not ideal. Student housing Although the apartment is priced fairly at €1,450,000, it lacks the characteristic appeal for student housing, as the region is more family-oriented. Given the expected tenant quality and local school offerings, this environment is not suited for student rentals.
Potential Economic Downturn The economic stability score of 75/100 suggests that there may be vulnerabilities in the local economy that could affect tenant demand and property values negatively if the situation changes.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
