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, 1-bathroom apartment of 124 m², built in 1987, energy rating B. Located Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment features two spacious terraces with unobstructed ocean views, enhancing its appeal for vacation rentals and offering unique sunset experiences for guests.
The valuation. The asking price of €500,000 is significantly above the fair value of €204,238, resulting in an overpriced verdict of €295,762 (59.2%). This property does not present a compelling investment opportunity based on its current listing.
Fair value modelled at €204,238 from the area baseline, adjusted for condition and location. Asking €500,000 sits €295,762 (59.2%) above — overpriced versus fair value.
Asking €500,000 versus the Aver-o-Mar, Amorim e Terroso, Póvoa de Varzim, Porto area baseline of €188,108 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 65/100 (Housing Market 60 · Amenities 60 · Economic 65 · Tenant Quality 70). 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 €188,108 + condition +€4,844 + location +€11,286 = modelled fair value of €204,238 (€1,647/m²), a €295,762 (59.2%) gap versus the €500,000 asking price.
Long-term rental The property is overpriced by 59.2% compared to its fair value of €204,238, making it a poor candidate for long-term rental investment. With a low gross yield of 2.4%, the potential return does not justify the elevated price point in the market. Family rental Given the significant gap from fair value, this property, listed at €500,000, is not positioned advantageously for family rental purposes. The neighbourhood scoring only 65/100 suggests potential challenges in attracting suitable tenants at this price. Buy-and-hold Investing in this property as a buy-and-hold strategy is risky due to its valuation being 59.2% above fair value, which diminishes prospects for appreciating returns. The modest yield of 2.4% further highlights the downside of committing to a property at such a steep price in the current market.
Economic Vulnerability: With an economic stability score of 65/100, there is a notable risk that economic fluctuations could lead to increased vacancy rates or reduced rental income in the future, affecting overall investment returns.