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 78 m² on the 1st floor, built in 2001, energy rating C. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes a closed garage box with a direct electrical connection and a blue CEE socket, facilitating electric car charging convenience. Local Amenities: Excellent transportation options and proximity to shopping and several schools enhance its appeal.
The valuation. The asking price of €260,000 sits €71,075 (37.6%) above the fair value of €188,925, indicating that the property is overpriced. This discrepancy underscores the need for careful consideration before proceeding with a purchase.
Fair value modelled at €188,925 from 6 comparable sales in the area. Asking €260,000 sits €71,075 (37.6%) above — overpriced versus fair value.
Asking €260,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €212,368 (€2,723/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 is below the parish average, reducing 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 €212,368, adjusted for condition and micro-location, gives a modelled fair value of €188,925 (€2,422/m²), a €71,075 (37.6%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 2fcaec | Subject | €260,000 | €3,333 | — | 70 | 70 |
| Santa Marinha e São Pedro da Afurada · 162532 | Active | €285,000 | €2,415 | 27.5% | 68 | 78 |
| travessa Capitão Ribeiro, 76 | Active | €259,900 | €2,429 | 27.1% | 72 | 74 |
| rua Laborim de Baixo, 342 | Active | €294,500 | €2,394 | 28.2% | 70 | 73 |
| Canidelo · 3d98e4 | Active | €215,000 | €2,829 | 15.1% | 72 | 74 |
| Median comp | €272,450 | €2,422 | 27.3% | 71 | 74 |
Long-term rental The 2-bed apartment in Canidelo, priced at €260,000, represents a significant overvaluation compared to the fair value of €188,925, with a gap of 37.6%. With a gross yield of only 3.9%, the investment returns may not sufficiently offset the higher purchase price. Family rental At €260,000, this property is overpriced against its fair value of €188,925, creating a 37.6% gap. Families may find the gross yield of 3.9% unattractive, especially given the apartment's relatively average neighborhood quality ratings. Buy-and-hold The buy-and-hold strategy for this Canidelo apartment is questionable due to its €260,000 listing price, which is over 37.6% above the fair value of €188,925. Future appreciation potential is likely limited, given the current gross yield of only 3.9% and neighborhood conditions that may not support substantial price growth.
Economic downturn risk The property's economic stability score of 70/100 indicates potential vulnerability to economic fluctuations that could affect tenant demand and rental income.
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