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, 3-bathroom apartment of 184 m² on the 4th floor, energy rating A+. Located on rua da Pedra do Cão, 322, Canidelo parish, Vila Nova de Gaia municipality, Porto district. This property boasts a rare unobstructed frontal sea view from the 4th floor, combined with direct access to the Natural Reserve of the Douro Estuary, enhancing its unique appeal.
The valuation. The asking price of €785,000 is positioned below the fair value of €891,692, indicating a discount of €106,692 (12.0%). This suggests the property is subvalued, offering potential for appreciation.
Fair value modelled at €891,692 from 5 comparable sales in the area. Asking €785,000 sits €106,692 (12.0%) below — the upside to fair value.
Asking €785,000 versus the rua da Pedra do Cão, 322 area baseline of €768,141 (€4,175/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €768,141, adjusted for condition and micro-location, gives a modelled fair value of €891,692 (€4,846/m²), a €106,692 (12.0%) gap versus the €785,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Pedra do Cão, 322 | Subject | €785,000 | €4,266 | — | 80 | 68 |
| rua das Fábricas S / N | Active | €545,000 | €3,132 | 26.6% | 80 | 78 |
| Canidelo · cc9b22 | Active | €930,000 | €7,209 | 69.0% | 85 | 67 |
| Canidelo · 8314c4 | Active | €575,000 | €4,713 | 10.5% | 80 | 65 |
| Santa Marinha e São Pedro da Afurada · bf27b5 | Active | €630,000 | €4,846 | 13.6% | 78 | 72 |
| Median comp | €602,500 | €4,780 | 12.0% | 80 | 70 |
Long-term rental The 3-bed apartment in Canidelo, priced at €785,000, presents a compelling long-term rental opportunity, particularly given its gross yield of 3.1%. With a fair value established at €891,692, the property shows a gap of 12.0%, indicating it is strategically positioned for sustained tenant demand. Family rental With its generous size of 184m² and favorable condition rating of 86/100, this apartment is suited for family rentals and can attract long-term tenants. The competitive pricing below fair value at €785,000 enhances its potential for stable cash flow and family-oriented appeal in the area. Buy-and-hold Investing in the Canidelo apartment aligns well with a buy-and-hold strategy considering its fair value of €891,692 versus the listing price, suggesting significant appreciation potential. The excellent condition score of 86/100 combined with the property’s attractive yield solidifies its desirability for long-term investment success.
Economic and Tenant Instability With both economic and tenant stability scores at 65/100, there is a significant risk of fluctuating rental income and potential vacancy, impacting the overall return on investment.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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