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.
3-bedroom, 4-bathroom apartment of 284 m² on the 0th floor, built in 2001, energy rating A. Located on rua João Paulo II, 71, Canidelo parish, Vila Nova de Gaia municipality, Porto district. This property includes an unparalleled blend of understated luxury with a direct sea view from the balcony, and features a communal swimming pool for exclusive enjoyment.
The valuation. The asking price of €890,000 sits €132,262 (17.5%) above the fair value of €757,738, indicating that this property is significantly overpriced. Buyers should exercise caution before making an investment. Buy-to-flip angle. A buy-to-flip strategy would require substantial renovations to enhance the property’s appeal; however, with a gross yield of 0%, realizing a profitable resale might prove challenging. Buy-to-let angle. The rental income strategy appears unpromising given the gross yield of 0%, suggesting no current cash flow. Long-term rental prospects may need to be reassessed considering the neighborhood's mixed rating and local demand in Greater Porto.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua João Paulo II, 71 | Subject | €890,000 | €3,134 | — | — | 83 |
| rua Padre Iria Carvalhal, 121 | Active | €575,000 | €2,195 | 30.0% | 77 | 71 |
| avenida Poeta Eugénio de Andrade | Active | €440,000 | €2,953 | 5.8% | 80 | 69 |
| rua das Fábricas, 173 | Active | €550,000 | €2,750 | 12.2% | 80 | 80 |
| Gulpilhares e Valadares · 828f34 | Active | €350,000 | €2,593 | 17.3% | 75 | 74 |
| Median comp | €495,000 | €2,672 | 14.8% | 79 | 73 |
Family rental The 3-bed apartment in Canidelo is overpriced at €890,000, leaving a significant gap of 17.5% from its fair value of €757,738. Given the 0% gross yield and low condition score of 0/100, this property is unlikely to attract families seeking quality living space in a suburban setting. Buy-and-hold With a listing price far above its fair value, this apartment represents a questionable buy-and-hold investment, significantly diminishing the potential for appreciation. The price disconnect also suggests that any future resale may be hindered by the property's current condition and yield. Long-term rental The long-term rental market for this property is diminished by its high asking price and poor condition, resulting in a plastic yield of 0%. Even in a well-rated neighborhood, the combination of price and condition makes it unsuitable for long-term rental investment opportunities.
Economic Dependence Risk The property may be affected by fluctuations in the broader economy, despite a strong economic stability score of 80/100. Tenant Demand Variability Risk Although tenant stability is high at 85/100, changes in tenant preferences or market dynamics could reduce occupancy rates unexpectedly.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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