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 98 m², built in 1992, energy rating B. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. The property features a spacious terrace ideal for outdoor entertaining and direct access to both the living area and the kitchen, enhancing convenience and lifestyle.
The valuation. The asking price of €349,000 is slightly above the calculated fair value of €337,425, indicating a premium of €11,575 (3.4%). This property is thus considered to be fairly valued, making it a stable investment opportunity.
Fair value modelled at €337,425 from 6 comparable sales in the area. Asking €349,000 sits €11,575 (3.4%) above — overpriced versus fair value.
Asking €349,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €337,524 (€3,444/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €337,524, adjusted for condition and micro-location, gives a modelled fair value of €337,425 (€3,443/m²), a €11,575 (3.4%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · 0ac831 | Subject | €349,000 | €3,561 | — | 65 | 69 |
| Madalena · 9372ff | Active | €350,000 | €2,823 | 20.7% | 70 | 66 |
| Canidelo · 82c790 | Active | €350,000 | €3,333 | 6.4% | 70 | 72 |
| Lordelo do Ouro e Massarelos · 3df2d7 | Active | €402,000 | €4,232 | 18.8% | 70 | 76 |
| caminho do Espinheiro, 66 | Active | €365,000 | €3,842 | 7.9% | 73 | 73 |
| Median comp | €357,500 | €3,588 | 0.7% | 70 | 73 |
Long-term rental This property offers a satisfactory gross yield of 4.4%, making it a viable option for long-term rental in the Canidelo area. With a fair valuation close to the listing price, investors can expect steady cash flow in a location with good access to Porto's amenities. Family rental The spacious 3-bedroom layout is suitable for family living, aligning well with the needs of tenants looking for stability in a suburban environment. Although the neighborhood scores a modest 69/100, the proximity to Porto enhances its appeal for families seeking access to urban amenities. Buy-and-hold As a buy-and-hold investment, this property holds promise given its fair value and appealing yield, encouraging appreciation over time in the growing market of Vila Nova de Gaia. The stable rental demand, coupled with decent neighborhood conditions, supports a long-term investment perspective without the risk of overcommitment. Not ideal for Short-term vacation rental due to limited tourist appeal, luxury market given the moderate condition and valuation, and student housing as the neighborhood may lack specific amenities required for student life.
Economic Downturn Risk The property may be vulnerable to economic fluctuations, given a relatively moderate economic stability score of 70/100 and tenant stability score of 65/100, indicating potential volatility in rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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