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, 3-bathroom apartment of 168 m² on the 1st floor, built in 2021, energy rating A. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes a spectacular west-facing terrace that offers breathtaking sea views and is ideal for sunset gatherings, enhancing the overall coastal living experience.
The valuation. The asking price of €625,000 sits €16,304 (2.7%) above the fair value of €608,696. This positions the property as fairly valued, indicating no immediate pricing concerns for investors.
Fair value modelled at €608,696 from 6 comparable sales in the area. Asking €625,000 sits €16,304 (2.7%) above — overpriced versus fair value.
Asking €625,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €560,145 (€3,334/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 is above the parish average, lifting 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 €560,145, adjusted for condition and micro-location, gives a modelled fair value of €608,696 (€3,623/m²), a €16,304 (2.7%) gap versus the €625,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 07fcac | Subject | €625,000 | €3,720 | — | 85 | 71 |
| rua Nova das Chieiras do Meio, 300 | Active | €750,000 | €3,623 | 2.6% | 80 | 71 |
| Canidelo · 2fcdaa | Active | €650,000 | €3,351 | 9.9% | 85 | 71 |
| Canidelo · cc9aa0 | Active | €575,000 | €3,966 | 6.6% | 78 | 68 |
| travessa Nova das Chieiras | Active | €750,000 | €3,623 | 2.6% | 85 | 71 |
| Median comp | €700,000 | €3,623 | 2.6% | 83 | 71 |
Long-term rental The 3-bed apartment in Canidelo offers a stable long-term rental opportunity with a gross yield of 3.1%, which is competitive given the area's suburban appeal. Although the property is fairly priced at €625,000, the gap from fair value of €608,696 suggests a slight overestimation, warranting a cautious investment approach. Family rental With a significant size of 168m², the apartment is well-suited for family rentals, providing ample space in a location that balances suburban tranquility with urban access. Though the property's condition scores 81/100, indicating good habitability, its fair price reflects a market that is not undervalued, suggesting that the potential returns may be modest. Buy-and-hold Investing in this 3-bed apartment as a buy-and-hold strategy could result in steady appreciation over the long term, as the suburb of Canidelo benefits from proximity to Porto. However, at a fair valuation, this property should be reconsidered for its long-term potential, as the yield of 3.1% does not indicate substantial growth upside.
Economic Downturn Risk A score of 70/100 in economic stability suggests potential vulnerability to market fluctuations that could impact rental income and property value negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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