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 €182,040 (€1,517/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. Full condition report →
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. Full location report →
Aver-o-Mar, Amorim e Terroso, Póvoa de Varzim, Porto
Area baseline €182,040 + 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.
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.
