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, 1-bathroom apartment of 106 m², built in 1998. Located Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Unique feature: The apartment includes a private balcony ideal for outdoor relaxation, and a closed garage with manual gate access via stairs, enhancing daily convenience despite the lack of an elevator.
The valuation. The asking price of €220,000 is notably above the fair value of €151,958, making this property overpriced by €68,042 (30.9%). Such a significant gap suggests that the investment may not yield expected returns in the current market. Buy-to-flip angle. With renovation costs likely exceeding returns, flipping this apartment may not be viable, particularly given the limited quality of materials and finishes present. The strategy would face challenges in achieving a competitive resale price. Buy-to-let angle. Utilizing this property as a rental could generate an estimated monthly income of €733, translating to a gross yield of around 4%. However, the asking price significantly limits potential cash flow and ROI.
Fair value modelled at €151,958 from the area baseline, adjusted for condition and location. Asking €220,000 sits €68,042 (30.9%) above — overpriced versus fair value.
Asking €220,000 versus the Aver-o-Mar, Amorim e Terroso, Póvoa de Varzim, Porto area baseline of €259,806 (€2,451/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 60 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 55 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Aver-o-Mar, Amorim e Terroso, Póvoa de Varzim, Porto
Area baseline €259,806 + condition -€16,563 + location +€7,718 = modelled fair value of €151,958 (€1,434/m²), a €68,042 (30.9%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aver-o-Mar, Amorim e Terroso · 0017ca | Subject | €220,000 | €2,075 | — | 68 | 62 |
| rua Cidade de Vila Nova de Famalicão, 291 | Active | €295,000 | €2,269 | 9.3% | 75 | 65 |
| Aver-o-Mar, Amorim e Terroso · 9570a3 | Active | €185,000 | €3,083 | 48.6% | — | 65 |
| rua Gomes de Amorim | Active | €250,000 | €2,604 | 25.5% | — | 62 |
| rua Silveira Campos | Active | €289,000 | €1,853 | 10.7% | 68 | 61 |
| Median comp | €269,500 | €2,437 | 17.4% | 72 | 64 |
Long-term rental The property, listed at €220,000, is overpriced by 30.9% compared to its fair value estimate of €151,958, indicating that potential rental income may not justify the investment. With a gross yield of only 4%, the financial metrics do not support a viable long-term rental strategy. Buy-and-hold The property's high asking price of €220,000 places it significantly above the fair value of €151,958, making it a less attractive option for a buy-and-hold strategy. The projected growth in value is overshadowed by the current 30.9% gap, which raises concerns about long-term appreciation potential. Family rental At a valuation of €220,000, the apartment is overpriced relative to the fair value of €151,958, leading to a concern that rental yields may not meet family housing needs comfortably. The neighborhood score of 62/100 adds further uncertainty, as families typically seek locations with higher quality amenities and services. Not ideal for: The property is ill-suited for short-term vacation rentals due to its high price point, steering investors away from potentially lucrative markets. Additionally, it does not meet the criteria for the luxury market or student housing, as the 65/100 condition rating and community traits fail to align with expectations in those sectors.
Economic Sensitivity Risk: With an economic stability score of 70 and tenant stability at 65, the property may face significant challenges during economic downturns, potentially leading to higher vacancy rates.
