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, 2-bathroom apartment of 83 m² on the 1st floor, built in 2005, energy rating B. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment features a balcony equipped with a barbecue, perfect for outdoor entertaining, alongside a modern kitchen with recently replaced appliances, ensuring minimal immediate investment requirements.
The valuation. The asking price of €300,000 sits 16.8% above the fair value of €256,804. This property is deemed overpriced, indicating potential challenges for future appreciation.
Fair value modelled at €256,804 from 6 comparable sales in the area. Asking €300,000 sits €43,196 (16.8%) above — overpriced versus fair value.
Asking €300,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €271,852 (€3,275/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €271,852, adjusted for condition and micro-location, gives a modelled fair value of €256,804 (€3,094/m²), a €43,196 (16.8%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 9d2916 | Subject | €300,000 | €3,614 | — | 73 | 75 |
| rua Padre Manuel Romero Vila, 63 | Active | €299,900 | €2,940 | 18.7% | 73 | 73 |
| avenida da República | Active | €390,000 | €3,250 | 10.1% | 78 | 71 |
| Canidelo · 6a949d | Active | €410,000 | €2,867 | 20.7% | 75 | 72 |
| Santa Marinha e São Pedro da Afurada · 25f66d | Active | €380,000 | €3,248 | 10.1% | 78 | 81 |
| Median comp | €385,000 | €3,094 | 14.4% | 77 | 73 |
Long-term rental The 2-bed apartment in Canidelo is currently overpriced at €300,000, which is 16.8% higher than its fair value of €256,804. With a gross yield of 3.8% and a decent condition rating of 76/100, the investment potential is limited due to its premium price point. Family rental While the property is situated in an area with good amenities and high tenant quality, its current price suggests an inadequate return on investment for family rentals. The 16.8% gap from fair value highlights that prospective tenants may find more competitive options within the market. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is not advisable due to its current valuation being overpriced at €300,000, compared to the fair value of €256,804. Although the proximity to Porto offers future potential, the existing market gap indicates that the investment would struggle to yield favorable long-term returns. Not ideal for This 2-bed apartment is not suited for short-term vacation rentals, luxury market segments, or student housing due to its overpriced status and the oversaturation of these categories in the current market. The property's attributes do not align with the high-demand criteria typically sought in these rental strategies.
Economic downturn risk: With a medium economic stability score of 75/100, there is a potential risk of economic downturn affecting property values and rental income, leading to financial challenges.
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