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, 2-bathroom house of 171 m², energy rating E. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This property includes a private well for garden maintenance, enhancing outdoor space sustainability, alongside a versatile sunroom that can serve multiple purposes. Localização: Canidelo, Vila Nova de Gaia.
The valuation. The asking price of €400,000 sits €185,256 above the fair value of €214,744, indicating that the property is overpriced at 186.3% of its fair value. This significant disparity highlights potential overvaluation in the current market. Buy-to-flip angle. A resale strategy would involve minor upgrades to improve presentation, with the aim of selling above the asking price, yet even with enhancements, the market conditions suggest limited profit potential. Careful market timing is crucial for a successful flip in this area. Buy-to-let angle. The property offers an estimated rental income of €1,633 per month, reflecting a gross yield of 4.9%. This long-term rental strategy is viable, particularly in a location influenced by the proximity to Porto, attracting family renters.
Fair value modelled at €214,744 from 5 comparable sales in the area. Asking €400,000 sits €185,256 (86.3%) above — overpriced versus fair value.
Asking €400,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €297,961 (€1,742/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €297,961, adjusted for condition and micro-location, gives a modelled fair value of €214,744 (€1,256/m²), a €185,256 (86.3%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · e5534d | Subject | €400,000 | €2,339 | — | 65 | 69 |
| Gulpilhares e Valadares · 5b87b0 | Active | €270,000 | €1,256 | 46.3% | 60 | 69 |
| rua Viso | Active | €190,000 | €638 | 72.7% | — | 67 |
| Canidelo · 4b5e60 | Active | €249,500 | €1,468 | 37.3% | — | 64 |
| rua Pêro Vaz de Caminha | Active | €480,000 | €1,605 | 31.4% | 60 | 73 |
| Median comp | €259,750 | €1,362 | 41.8% | 60 | 68 |
Long-term rental The property is overpriced at €400,000, significantly above the fair value of €214,744, presenting a gap of 86.3%. With a gross yield of 4.9%, the financial viability for long-term rental appears compromised given the inflated price. Family rental This house in Canidelo, listing at €400,000, exceeds its fair valuation, indicating a substantial overpricing of 86.3%. The neighbourhood rating of 69/100 suggests that while it may attract families, the high acquisition cost diminishes potential returns. Buy-and-hold Though buy-and-hold strategies often rely on long-term appreciation, this property at €400,000 is overpriced by 86.3% compared to its fair value of €214,744. Consequently, the current market conditions do not align favorably with the investment expectations for sustainable growth. Not ideal for: Short-term vacation rental, Luxury market, Student housing.
Potential economic downturn: With both the economic stability and tenant stability scores at 70/100, there is a moderate risk of decreased rental income during adverse economic conditions affecting the property’s cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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