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 153 m², built in 2006, energy rating B. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. This apartment features high-quality finishes such as elegant wallpaper and indirect lighting in the ceilings, enhancing its modern aesthetic and comfort.
The valuation. The asking price of €370,000 is significantly above the fair value of €249,891, reflecting a premium of €120,109 or 32.5%. This property is deemed overpriced based on current market conditions.
Fair value modelled at €249,891 from the area baseline, adjusted for condition and location. Asking €370,000 sits €120,109 (32.5%) above — overpriced versus fair value.
Asking €370,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €232,101 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 83 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 55/100 (Housing Market 55 · Amenities 60 · Economic 50 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto
Area baseline €232,101 + condition +€13,148 + location +€4,642 = modelled fair value of €249,891 (€1,633/m²), a €120,109 (32.5%) gap versus the €370,000 asking price.
Family rental This property appears to be overpriced by 32.5% compared to its fair value of €249,891, which severely limits its appeal for family rentals. Despite a decent condition score of 81/100, the neighbourhood rating of 55/100 suggests limited desirability for families looking for long-term housing. Long-term rental At a gross yield of only 3.2%, this investment is hindered by the property's overpriced status and the reliance on nearby metro areas for employment opportunities. The combination of an overpriced listing and a less-than-ideal neighbourhood makes this strategy less attractive in the current market. Buy-and-hold While buy-and-hold strategies can be effective in appreciating markets, this property is currently valued at €370,000, which is significantly above its fair value of €249,891, signaling overpriced status. The long-term growth prospects in this suburban region will likely be affected by the economic dependency on larger metropolitan areas, diminishing its investment viability under current conditions.
Economic and Tenant Risk With an economic stability score of 50/100 and a tenant stability score of 55/100, there is a notable risk that economic fluctuations and tenant turnover could lead to reduced rental income and increased vacancy rates.
