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, 2-bathroom apartment of 123 m², built in 2010, 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 boasts a generous 40m² terrace with direct access from all rooms, enhancing the indoor-outdoor living experience and perfect for entertaining. Community Amenities: The gated community includes a private garden, ensuring a tranquil outdoor environment.
The valuation. The asking price of €340,000 sits significantly above the fair value of €193,094, indicating an overpricing of €146,906 (43.2%). This property does not present a compelling investment opportunity at the current asking price.
Fair value modelled at €193,094 from the area baseline, adjusted for condition and location. Asking €340,000 sits €146,906 (43.2%) above — overpriced versus fair value.
Asking €340,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €186,591 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 60 · Amenities 60 · Economic 60 · Tenant Quality 60). 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 €186,591 + condition -€961 + location +€7,464 = modelled fair value of €193,094 (€1,570/m²), a €146,906 (43.2%) gap versus the €340,000 asking price.
Long-term rental The apartment with a listing price of €340,000 is significantly overpriced when compared to the fair value of €193,094, representing a gap of 43.2%. With a gross yield of only 3.2%, the investment may not yield the desired returns in a competitive long-term rental market. Family rental Although the property is suitable for family rental given its size and suburban location, the asking price is excessively high at €340,000 relative to the fair value of €193,094. Families seeking affordable housing options may be deterred by the gross yield of 3.2%, which does not reflect a financially sound investment. Buy-and-hold Investing in this apartment for a buy-and-hold strategy appears unwise due to its significant overpricing at €340,000 compared to the fair value of €193,094. The mediocre gross yield of 3.2% further diminishes the appeal of this property as a long-term investment asset.
Economic and Tenant Instability Both the economic stability score of 60 and the tenant stability score of 60 suggest a risk of fluctuating income due to potential job losses or turnover among tenants, which could impact consistent rental revenue.
