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 apartment of 130 m², built in 1987, energy rating F. Located on rua da Bélgica, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes a sunroom that enhances living space versatility and offers a functional layout that connects the kitchen and living room for optimal social interaction.
The valuation. The asking price of €325,000 sits above the fair value of €286,541 by €38,459 (13.4%). This property is clearly overpriced compared to market expectations.
Fair value modelled at €286,541 from 6 comparable sales in the area. Asking €325,000 sits €38,459 (13.4%) above — overpriced versus fair value.
Asking €325,000 versus the rua da Bélgica area baseline of €304,140 (€2,340/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €304,140, adjusted for condition and micro-location, gives a modelled fair value of €286,541 (€2,204/m²), a €38,459 (13.4%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Bélgica | Subject | €325,000 | €2,500 | — | 68 | 73 |
| rua Jardim | Active | €310,000 | €2,183 | 12.7% | — | 69 |
| rua de Santa Catarina | Active | €385,000 | €861 | 65.5% | 80 | 81 |
| Santa Marinha e São Pedro da Afurada · 5e62c9 | Active | €300,000 | €2,190 | 12.4% | 75 | 72 |
| alameda Manuel d'Arriaga, 76 | Active | €408,000 | €3,400 | 36.0% | 70 | 83 |
| Median comp | €347,500 | €2,187 | 12.5% | 75 | 77 |
Long-term rental Given the property is priced at €325,000, compared to its fair value of €286,541, it appears overpriced with a gap of 13.4%. While the gross yield of 4.7% is reasonable, the elevated purchase price diminishes the long-term rental investment appeal. Family rental The 3-bed apartment in Canidelo may attract families due to the area's community features, but its listing price of €325,000 suggests it is overpriced against a fair value of €286,541. The condition score of 70/100 and neighborhood rating of 73/100 further indicate limited upside for family rental prospects at this price point. Buy-and-hold Investing in this property as a buy-and-hold strategy is challenged by its current listing of €325,000 which exceeds the fair value of €286,541, making it overpriced by 13.4%. The potential for long-term appreciation in a growing area is overshadowed by the current high price, limiting its attractiveness for this strategy.
Economic Fluctuation Risk: With an economic stability score of 80/100, there is a moderate risk that potential downturns could impact rental income, especially when paired with a tenant stability score of 70/100 indicating variability in occupancy rates.
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