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 house of 120 m², built in 1978. Located Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. This property includes an independent annex of approximately 42 m², ideal for use as a guest suite, office, or additional rental income, enhancing its versatility and value.
The valuation. The asking price of €359,000 is significantly higher than the fair value of €201,090, representing an overvaluation of €157,910, or 44.0%. This property is overpriced, which may deter potential buyers. Buy-to-flip angle. The resale strategy would involve enhancing the property's appeal through minor renovations to justify a higher selling price. Given the condition and location, there’s potential for a profitable turnaround despite the current overvaluation. Buy-to-let angle. The estimated rental income of €957/month provides a gross yield of 3.2%, suitable for long-term tenants in a suburban area. This strategy could offer steady income, although the high purchase price limits cash flow potential.
Fair value modelled at €201,090 from the area baseline, adjusted for condition and location. Asking €359,000 sits €157,910 (44.0%) above — overpriced versus fair value.
Asking €359,000 versus the Aver-o-Mar, Amorim e Terroso, Póvoa de Varzim, Porto area baseline of €294,120 (€2,451/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 62/100 (Housing Market 60 · Amenities 60 · Economic 65 · Tenant Quality 63). Strong amenities and housing-market momentum support a premium to baseline.
Aver-o-Mar, Amorim e Terroso, Póvoa de Varzim, Porto
Area baseline €294,120 + condition +€10,313 + location +€8,738 = modelled fair value of €201,090 (€1,676/m²), a €157,910 (44.0%) gap versus the €359,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aver-o-Mar, Amorim e Terroso · 9375c2 | Subject | €359,000 | €2,992 | — | 78 | 62 |
| Aguçadoura e Navais · ba57ee | Active | €429,000 | €2,145 | 28.3% | 75 | 65 |
| rua Gomes de Amorim | Active | €550,000 | €1,858 | 37.9% | 70 | 68 |
| Aguçadoura e Navais · dbd485 | Active | €330,000 | €3,474 | 16.1% | — | 56 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 99f302 | Active | €795,000 | €3,614 | 20.8% | 82 | 65 |
| Median comp | €489,500 | €2,810 | 6.1% | 75 | 65 |
Family rental The property is overpriced at €359,000, significantly exceeding its fair value of €201,090, which indicates a substantial misalignment in pricing. With a gross yield of only 3.2% and a less than ideal neighborhood score of 62/100, this investment may not attract quality tenants or provide reliable rental income. Long-term rental At a listing price of €359,000, the property is 44% overvalued compared to its fair market value of €201,090, limiting its potential as a sound long-term investment. The gross yield of 3.2% suggests that the return on investment is not commensurate with the high initial cost, making this a less appealing option for long-term rental purposes. Buy-and-hold Given the listing price of €359,000, which is 44% above the fair value of €201,090, the property is not conducive to a buy-and-hold strategy. The combination of a low gross yield of 3.2% and a neighborhood rating of only 62/100 implies that the appreciation potential may not justify the investment risk associated with this overpriced asset.
Tenant turnover risk High tenant turnover is a concern as indicated by the tenant stability score of 63/100, suggesting potential difficulties in maintaining occupancy and impacting rental income stability.
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