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 120 m², built in 1988, energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment features a convenient elevator access and is just a short walk from the beach, enhancing both accessibility and lifestyle options in the area.
The valuation. The asking price of €275,000 is significantly above the fair value of €148,691, representing a discrepancy of €126,309 (45.9%). This property is clearly overpriced in the current market context.
Fair value modelled at €148,691 from the area baseline, adjusted for condition and location. Asking €275,000 sits €126,309 (45.9%) above — overpriced versus fair value.
Asking €275,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €182,040 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 (Condition 55 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 60 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto
Area baseline €182,040 + condition -€45,000 + location +€11,651 = modelled fair value of €148,691 (€1,239/m²), a €126,309 (45.9%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 99f168 | Subject | €275,000 | €2,292 | — | 55 | 66 |
| Vila do Conde · 023a36 | Active | €350,000 | €2,318 | 1.1% | 60 | 63 |
| rua do Clube Naval | Active | €275,000 | €2,292 | 0% | 40 | 63 |
| avenida Vasco da Gama, 42 | Active | €265,000 | €3,630 | 58.4% | 60 | 54 |
| rua Silveira Campos | Active | €289,000 | €1,853 | 19.2% | 68 | 61 |
| Median comp | €282,000 | €2,305 | 0.6% | 60 | 62 |
Long-term rental The apartment presents a gross yield of 4%, which is relatively modest considering the significant gap of 45.9% from its fair value. With a condition score of 51/100, ongoing maintenance costs are likely to diminish overall profitability in the long-term rental market. Family rental While the neighborhood scores 66/100, which suggests decent amenities and tenant quality, the asking price of €275,000 fails to align with the fair value of €148,691, indicating that the property is overpriced. This premium pricing might deter potential family tenants looking for more favorable options in the area. Buy-and-hold Investing in this property as a buy-and-hold strategy poses significant risk, especially with the property being priced 45.9% above its fair value. This elevated pricing, coupled with a moderate property condition score, could hinder capital appreciation over time, making it a less attractive investment choice.
Economic Vulnerability The economic stability score of 65/100 indicates potential susceptibility to market fluctuations, which could impact tenant retention and rental income over time.
