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, 3-bathroom apartment of 156 m², built in 1997, energy rating F. Located on rua Dom Manuel, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment features two private balconies with direct sunlight, enhancing the living space and providing outdoor relaxation areas in a desirable central location.
The valuation. The asking price of €389,000 is significantly above the fair value of €248,482, indicating it is overpriced by €140,518 or 36.1%. This discrepancy suggests potential buyers should approach with caution and consider negotiating heavily.
Fair value modelled at €248,482 from the area baseline, adjusted for condition and location. Asking €389,000 sits €140,518 (36.1%) above — overpriced versus fair value.
Asking €389,000 versus the rua Dom Manuel area baseline of €236,652 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 80 · Materials 77 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 54/100 (Housing Market 50 · Amenities 50 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom Manuel
Area baseline €236,652 + condition +€8,044 + location +€3,786 = modelled fair value of €248,482 (€1,593/m²), a €140,518 (36.1%) gap versus the €389,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Manuel | Subject | €389,000 | €2,494 | — | 80 | 54 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0dcedc | Active | €650,000 | €4,514 | 81.0% | 80 | 61 |
| largo dos Cavaleiros | Active | €287,000 | €2,586 | 3.7% | 68 | 59 |
| rua Alberto Pinheiro Torres, 269 | Active | €285,000 | €2,500 | 0.3% | 70 | 57 |
| praçeta Manuel Moreira da Silva, 3 | Active | €319,000 | €2,398 | 3.8% | 75 | 67 |
| Median comp | €303,000 | €2,543 | 2.0% | 73 | 60 |
Family rental The property is overpriced at €389,000, with a fair value of €248,482, indicating a gap of 36.1%. Given the suburban location and moderate neighborhood rating of 54/100, it may struggle to attract families seeking affordable housing options. Value-add renovation The existing condition score of 78/100 suggests some immediate appeal, but with a fair value significantly lower than the asking price, the potential for profitable renovations is limited. Thus, any investment in upgrades would need to contend with the already inflated purchase price, making it less attractive for value-add strategies. Long-term rental With a gross yield of 3.6%, the property’s current pricing leaves little room for rental profitability, especially in a suburban context. Investors should note that the gap between market price and fair value raises concerns about long-term rental viability in a neighborhood rated only 54/100.
Low Tenant Demand The economic stability score of 60/100 combined with a tenant stability score of 55/100 suggests a potential struggle to attract long-term tenants, resulting in possible vacancies.
