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 119 m², built in 1988, energy rating D. Located on travessa de Fragosa, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes a covered balcony ideal for outdoor dining and a pantry that adds significant storage convenience, enhancing its functional living space.
The valuation. The asking price of €345,000 is significantly higher than the fair value of €205,278, indicating an overvaluation of €139,722 (40.5%). This property should be approached cautiously due to its overpriced nature. Buy-to-flip angle. A buy-to-flip strategy may not yield profitable returns given the high acquisition cost and current market conditions; potential sellers should consider renovation to enhance value but remain wary of holding costs. Buy-to-let angle. With an estimated monthly rental income of €1,035, the projected gross yield is 3.6%. This could provide steady cash flow; however, the high purchase price limits immediate profitability in a competitive rental market.
Fair value modelled at €205,278 from the area baseline, adjusted for condition and location. Asking €345,000 sits €139,722 (40.5%) above — overpriced versus fair value.
Asking €345,000 versus the travessa de Fragosa area baseline of €180,523 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 78 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 65 · Amenities 60 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
travessa de Fragosa
Area baseline €180,523 + condition +€13,202 + location +€11,553 = modelled fair value of €205,278 (€1,725/m²), a €139,722 (40.5%) gap versus the €345,000 asking price.
Long-term rental The property in Aver-o-Mar, priced at €345,000, exceeds its fair value of €205,278 by 40.5%, indicating it is overpriced for long-term rental strategies. With a gross yield of only 3.6%, investors may struggle to achieve satisfactory returns in this suburban market characterized by residential growth. Family rental While the apartment is suitable for family rentals due to its size and location, the current listing price presents significant concerns, given its 40.5% gap from fair value. Families may find more appealing options in the area, as the 3.6% yield suggests limited profitability for investors. Buy-and-hold Investing in this property as a buy-and-hold strategy may be unwise due to its overpriced status at €345,000 versus a fair value of €205,278. The expected gross yield of 3.6% does not justify the investment, particularly in a neighborhood with a moderate quality rating of 66/100, making long-term appreciation less appealing.
Economic Vulnerability The economic stability score of 65/100 indicates potential susceptibility to market fluctuations, which could impact tenant retention and rental income.
