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 apartment of 130 m², energy rating C. Located on largo Doutor José Pontes, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Unique Feature: The apartment's proximity to the beach and vibrant cultural amenities creates an appealing lifestyle for both residential and vacation purposes in a highly integrated community. Ideal Use: Perfect for families or as a lucrative vacation rental due to its desirable location.
The valuation. The asking price of €355,000 exceeds the fair value of €226,081 by €128,919, representing a significant 36.3% premium. Consequently, this property is deemed overpriced.
Fair value modelled at €226,081 from the area baseline, adjusted for condition and location. Asking €355,000 sits €128,919 (36.3%) above — overpriced versus fair value.
Asking €355,000 versus the largo Doutor José Pontes area baseline of €318,630 (€2,451/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 85 · Materials 88 · Room dimensions 83). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 65 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
largo Doutor José Pontes
Area baseline €318,630 + condition +€16,250 + location +€12,621 = modelled fair value of €226,081 (€1,739/m²), a €128,919 (36.3%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Doutor José Pontes | Subject | €355,000 | €2,731 | — | 85 | 66 |
| largo Doutor José Pontes | Active | €385,000 | €2,962 | 8.5% | 85 | 65 |
| Vila do Conde · 90d90c | Active | €315,000 | €3,150 | 15.4% | 80 | 58 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · bf2904 | Active | €345,000 | €2,674 | 2.1% | 75 | 64 |
| rua Flávio Gonçalves, 217 | Active | €299,000 | €3,147 | 15.3% | 80 | 68 |
| Median comp | €330,000 | €3,055 | 11.9% | 80 | 65 |
Long-term rental The property is currently listed at €355,000, which is 36.3% above its fair value of €226,081, indicating that it is overpriced for long-term rental investment. Given the 4% gross yield, the high purchase price could limit overall returns in a suburban area facing potential market pressures. Buy-and-hold With a fair value of €226,081 versus the asking price of €355,000, the investment is overpriced and could hinder long-term appreciation potential. The 4% gross yield does not compensate adequately for the inflated price, particularly in a neighborhood rated at 66/100. Family rental Given that the property is overpriced at €355,000—36.3% over its fair valuation of €226,081—it may struggle to attract families looking for rental accommodations. Although the apartment's condition is good at 86/100, the excessive price could deter potential long-term family tenants in a suburban area with moderate neighborhood appeal.
Economic Downturn Risk The economic stability score of 70/100 indicates potential vulnerability to economic downturns, which may negatively impact tenant occupancy and rental income.**
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