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.
2-bedroom, 2-bathroom apartment of 92 m², built in 2000, energy rating C. Located Canidelo parish, Vila Nova de Gaia municipality, Porto district. The property offers exclusive access to a condominium garden and a tennis court, fostering a vibrant community atmosphere and enhancing outdoor living options.
The valuation. The asking price of €279,000 is significantly above the fair value of €191,144, representing an overpricing of €87,856 (31.5%). This suggests the property is not a feasible investment at its current asking price.
Fair value modelled at €191,144 from the area baseline, adjusted for condition and location. Asking €279,000 sits €87,856 (31.5%) above — overpriced versus fair value.
Asking €279,000 versus the Canidelo, Vila Nova de Gaia, Porto area baseline of €303,324 (€3,297/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 65 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Canidelo, Vila Nova de Gaia, Porto
Area baseline €303,324 + condition +€5,750 + location +€14,366 = modelled fair value of €191,144 (€2,078/m²), a €87,856 (31.5%) gap versus the €279,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Canidelo · f3640a | Subject | €279,000 | €3,033 | — | 75 | 71 |
| rua da Bélgica | Active | €285,000 | €3,353 | 10.6% | 76 | 63 |
| Santa Marinha e São Pedro da Afurada · 6d54da | Active | €320,000 | €3,636 | 19.9% | 75 | 78 |
| Canidelo · ac999d | Active | €285,000 | €3,958 | 30.5% | 75 | 80 |
| travessa Tenente Valadim S / N | Active | €329,500 | €2,636 | 13.1% | 76 | 78 |
| Median comp | €302,500 | €3,495 | 15.2% | 76 | 78 |
Long-term rental The current listing price of €279,000 is significantly higher than the fair value of €191,144, indicating that the apartment is overpriced by 31.5%. Given the gross yield of 4% alongside the suburban characteristics of the neighborhood, long-term rental potential appears limited and may not meet investor expectations. Family rental While the property could appeal to families due to its size, the gap from fair value suggests that it is overpriced at €279,000. The suburban setting may attract families, but the current price diminishes the feasibility of achieving competitive rental rates in the area. Buy-and-hold Investing in the property with the current listing of €279,000, which exceeds its fair value of €191,144 by 31.5%, presents a challenge for a successful buy-and-hold strategy. The projected gross yield of 4% does not compensate for the initial overvaluation, potentially limiting long-term profitability as market corrections may be necessary.
Potential Economic Decline The economic stability score of 75 suggests a moderate risk of downturn affecting tenant retention and rental income.
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