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 76 m², built in 1995, energy rating D. Located on praça do Almada, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes two enclosed balconies that enhance thermal insulation and can be used for varied purposes like laundry or leisure. Condominium Fee: The low monthly fee of €18.50 adds to its affordability.
The valuation. The asking price of €250,000 is significantly above the fair value of €118,542, representing a premium of €131,458 (52.6%). This property is considered overpriced.
Fair value modelled at €118,542 from the area baseline, adjusted for condition and location. Asking €250,000 sits €131,458 (52.6%) above — overpriced versus fair value.
Asking €250,000 versus the praça do Almada area baseline of €115,292 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 72 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 65 · Amenities 65 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
praça do Almada
Area baseline €115,292 + condition -€3,206 + location +€6,456 = modelled fair value of €118,542 (€1,560/m²), a €131,458 (52.6%) gap versus the €250,000 asking price.
Long-term rental The property is currently listed at €250,000, which is significantly above its fair value of €118,542, indicating it is overpriced by 52.6%. With a gross yield of only 4% and a neighborhood rating of 64/100, the long-term rental potential does not justify this high asking price. Buy-and-hold Despite the location in the suburban area of Porto, the property’s listing price of €250,000 far exceeds its fair value of €118,542, marking it as overpriced by 52.6%. The combination of a yield of 4% and a condition score of 72/100 suggests limited appreciation potential for a buy-and-hold strategy in this scenario. Family rental Although the property may seem suitable for family rental given its size and suburban amenities, it is overpriced at €250,000 compared to its fair value of €118,542, creating a 52.6% discrepancy. With a neighborhood score of 64/100 and a 4% yield, the investment might not attract families willing to pay such a premium in this market.
Moderate Economic and Tenant Risk The property faces potential challenges due to a moderate economic stability score of 60/100 and a tenant stability score of 60/100, suggesting a risk of vacancy and fluctuating rental income.
