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, 1-bathroom apartment of 60 m², energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Feature: The living room features a charming fireplace that enhances the cozy ambiance, while the south-facing balcony offers ample sunlight and views of the nearby beachfront boardwalk.
The valuation. The asking price of €269,000 is significantly above the fair value of €94,423, representing an overvaluation of €174,577 (64.9%). This property is priced too high for the current market conditions.
Fair value modelled at €94,423 from the area baseline, adjusted for condition and location. Asking €269,000 sits €174,577 (64.9%) above — overpriced versus fair value.
Asking €269,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €91,020 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 73 · Materials 79 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 56/100 (Housing Market 50 · Amenities 45 · Economic 55 · 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 €91,020 + condition +€1,219 + location +€2,184 = modelled fair value of €94,423 (€1,574/m²), a €174,577 (64.9%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 49b8f9 | Subject | €269,000 | €4,483 | — | 73 | 56 |
| rua Dona Maria de Meneses, 66 | Active | €259,500 | €2,852 | 36.4% | 74 | 72 |
| rua José Afonso | Active | €249,000 | €3,000 | 33.1% | 70 | 68 |
| rua António Pereira Marques | Active | €400,000 | €3,053 | 31.9% | 80 | 60 |
| rua João de Rianho, 65 | Active | €360,000 | €3,025 | 32.5% | 72 | 70 |
| Median comp | €309,750 | €3,013 | 32.8% | 73 | 69 |
Long-term rental The property appears overpriced at €269,000, significantly exceeding the fair value of €94,423 by 64.9%. With a gross yield of only 2.7% and a neighborhood quality rating of 56/100, it may struggle to attract quality long-term tenants in its rural location. Family rental At €269,000, this property is priced well above the fair value of €94,423, revealing a 64.9% gap. Given its mediocre condition score of 76/100 and the neighborhood's overall rating of 56/100, it may not offer the appeal families seek when considering rental options.
Tenant turnover risk The combination of a tenant stability score of 60/100 and an economic stability score of 55/100 indicates a potential for higher tenant turnover, which could disrupt cash flow and lead to increased vacancy rates.
