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 133 m², built in 1992, energy rating E. Located on praçeta Manuel Moreira da Silva, 3, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment's generous balcony, accessible from both the kitchen and living room, provides an ideal space for outdoor relaxation and enjoying the ocean breeze.
The valuation. The asking price of €319,000 is significantly above its fair value of €221,715, resulting in an overvaluation of €97,285, or 30.5%. This property does not represent a compelling financial opportunity.
Fair value modelled at €221,715 from the area baseline, adjusted for condition and location. Asking €319,000 sits €97,285 (30.5%) above — overpriced versus fair value.
Asking €319,000 versus the praçeta Manuel Moreira da Silva, 3 area baseline of €201,761 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 65 · Amenities 60 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praçeta Manuel Moreira da Silva, 3
Area baseline €201,761 + condition +€6,234 + location +€13,720 = modelled fair value of €221,715 (€1,667/m²), a €97,285 (30.5%) gap versus the €319,000 asking price.
Long-term rental The property is priced at €319,000, significantly above its fair value of €221,715, indicating that the investment is overpriced by 30.5%. With a gross yield of only 3.8% and a neighborhood quality rating of 67/100, long-term rental potential appears weak in terms of return on investment. Family rental At a listing price of €319,000 against a fair value of €221,715, this apartment is overpriced by 30.5%, making it a less attractive option for family rentals. The condition rating of 78/100 suggests some appeal, yet the high price hampers competitiveness in the family rental market. Buy-and-hold With the property currently listed for €319,000, which is 30.5% above its fair value of €221,715, the buy-and-hold strategy seems less favorable due to its overpriced nature. Despite potential residential appeal in Greater Porto, the limited yield of 3.8% and neighborhood conditions hinder attractive long-term capital appreciation prospects.
Economic and Tenant Risk The property has a combined economic and tenant stability score of 70/100, indicating a moderate risk of tenant turnover and economic fluctuations potentially affecting rental income.
