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 201 m², built in 2017, energy rating A. Located on rua das Chieiras, Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment features a unique transformation from its original 4-bedroom layout, incorporating a dressing room while retaining options for configuration changes to suit buyer preferences.
The valuation. The asking price of €750,000 sits €49,143 or 7.0% above the fair value of €700,857, rendering the property as fairly valued within the current market conditions.
Fair value modelled at €700,857 from 6 comparable sales in the area. Asking €750,000 sits €49,143 (7.0%) above — overpriced versus fair value.
Asking €750,000 versus the rua das Chieiras area baseline of €725,476 (€3,609/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 is above the parish average, lifting 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 €725,476, adjusted for condition and micro-location, gives a modelled fair value of €700,857 (€3,487/m²), a €49,143 (7.0%) gap versus the €750,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Chieiras | Subject | €750,000 | €3,731 | — | 82 | 71 |
| Canidelo · 2fcdaa | Active | €650,000 | €3,351 | 10.2% | 85 | 71 |
| travessa Nova das Chieiras | Active | €750,000 | €3,623 | 2.9% | 85 | 71 |
| Canidelo · cc9aa0 | Active | €575,000 | €3,966 | 6.3% | 78 | 68 |
| avenida Beira Mar | Active | €744,000 | €3,336 | 10.6% | 80 | 71 |
| Median comp | €697,000 | €3,487 | 6.5% | 83 | 71 |
Long-term rental The property in Canidelo is fairly positioned with a gross yield of 3.9%, indicating stable cash flow potential in the long-term rental market. The neighborhood rating of 71/100 suggests a decent demand for rental housing, making it a solid option for sustained rental income. Family rental This 3-bed apartment, valued at €750,000, aligns well with the needs of families looking for spacious living in a suburban area of Porto. With a good condition score of 84/100, this property can attract families who prioritize quality living space and community amenities in Canidelo. Buy-and-hold Investing in this Canidelo apartment for the buy-and-hold strategy offers the potential for steady appreciation, despite its current fair valuation. The local amenities and stable tenant quality create a favorable environment for long-term investment stability, even though there is a modest 7.0% gap versus the fair value.
Tenant turnover risk With a tenant stability score of 65/100, there is a significant chance of high turnover, which could lead to increased vacancy rates and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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