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.
4-bedroom, 2-bathroom apartment of 168 m² on the 2nd floor. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. This apartment includes a furnished independent kitchen and features both heating and air conditioning for year-round comfort.
The valuation. The asking price of €698,000 is significantly above the fair value of €482,282, indicating an overvaluation of €215,718 (44.7%). This pricing suggests a lack of alignment with market expectations and potential buyer interest.
Fair value modelled at €482,282 from 6 comparable sales in the area. Asking €698,000 sits €215,718 (44.7%) above — overpriced versus fair value.
Asking €698,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €517,906 (€3,083/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 is below the parish average, reducing 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 €517,906, adjusted for condition and micro-location, gives a modelled fair value of €482,282 (€2,871/m²), a €215,718 (44.7%) gap versus the €698,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 2d84e2 | Subject | €698,000 | €4,155 | — | 55 | 66 |
| Lordelo do Ouro e Massarelos · b7bf59 | Active | €550,000 | €3,819 | 8.1% | 63 | 75 |
| Santa Marinha e São Pedro da Afurada · 735696 | Active | €350,000 | €3,043 | 26.7% | 64 | 72 |
| Santa Marinha e São Pedro da Afurada · 1f3502 | Active | €315,000 | €2,739 | 34.1% | 60 | 71 |
| Canidelo · 090070 | Active | €265,000 | €2,650 | 36.2% | 68 | 73 |
| Median comp | €332,500 | €2,891 | 30.4% | 64 | 73 |
Long-term rental This property presents a gross yield of 3.6%, but given its fair value of €482,282 compared to the listing price of €698,000, it is overpriced by 44.7%. The condition rating of 58 out of 100 and a neighborhood quality score of 66 out of 100 suggest limited long-term tenant appeal in a suburban market. Family rental While this 4-bed apartment could cater to families, the significant gap from fair value indicates it is overpriced at €698,000. The average condition score of 58 and neighborhood rating of 66 factor into the less favorable market environment for family rentals in this area. Buy-and-hold The buy-and-hold strategy is challenged by the property's overpriced status at €698,000, with fair value assessed at €482,282. Investing at such a price could hinder appreciation potential, particularly considering the neighborhood's limited appeal and decent, yet not compelling, condition rating. Not ideal for: Luxury market, Short-term vacation rental Due to the suburban setting and pricing, this property is not suited for the luxury market or short-term vacation rentals. These segments typically require premium investment attributes that are lacking in both the location and property ranking.
Economic and Tenant Stability Risk The combined scores of 65/100 for both economic and tenant stability suggest a moderate risk of fluctuations in rental income and tenant retention due to potential economic downturns or local issues impacting demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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