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.
6-bedroom, 1-bathroom house of 269 m², built in 2010, energy rating E. Located on rua da Igreja, 28A, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This property boasts potential for a second independent dwelling on the lower floor, allowing for personalized renovation and lucrative rental opportunities in a sought-after area.
The valuation. The asking price of €399,000 sits €46,771 above the fair value of €352,229, representing an 11.7% premium. This indicates that the property is overpriced and may not yield an attractive return on investment.
Fair value modelled at €352,229 from the area baseline, adjusted for condition and location. Asking €399,000 sits €46,771 (11.7%) above — overpriced versus fair value.
Asking €399,000 versus the rua da Igreja, 28A area baseline of €668,734 (€2,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 60 · Materials 65 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua da Igreja, 28A
Area baseline €668,734 + condition -€81,961 + location +€26,117 = modelled fair value of €352,229 (€1,309/m²), a €46,771 (11.7%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Igreja, 28A | Subject | €399,000 | €1,483 | — | 60 | 66 |
| Vila do Conde · 6d55ac | Active | €249,000 | €1,754 | 18.2% | 40 | 53 |
| Vila do Conde · 6d55a1 | Active | €950,000 | €1,855 | 25.1% | 42 | 62 |
| Vila do Conde · 4201b8 | Active | €399,000 | €1,956 | 31.9% | 70 | 55 |
| Vila do Conde · 82c741 | Active | €785,000 | €2,309 | 55.7% | 65 | 68 |
| Median comp | €592,000 | €1,906 | 28.5% | 54 | 59 |
Long-term rental The property at €399,000 is overpriced compared to its fair value of €352,229, presenting an 11.7% gap. With a gross yield of only 3.1% and a condition rating of 56/100, this property does not align well with typical investment returns expected from long-term rentals. Family rental This property’s listing price exceeds its fair value by 11.7%, suggesting it is overpriced for the family rental market. Given its moderate condition rating of 56/100 and a neighbourhood score of 66/100, it may struggle to attract families seeking quality accommodations. Buy-and-hold At €399,000, the property is overpriced by 11.7% relative to its fair value, which makes it less attractive for a buy-and-hold investment strategy. The low gross yield of 3.1% and the average neighbourhood ratings indicate that long-term capital growth is unlikely to justify the initial investment.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk, suggesting potential fluctuations in the market that could impact rental income predictability.
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