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, 0-bathroom apartment of 89 m², built in 1992, energy rating D. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Location: The apartment's prime spot offers not only a stunning sea view but also direct access to beachfront amenities and local services, enhancing both leisure and convenience. Condition: While dated, the unit is moderately maintained, ensuring essential functionality for immediate occupancy or rental.
The valuation. The asking price of €325,000 is significantly above the fair value of €125,314, leaving a discrepancy of €199,686 (61.4%). This property is classified as overpriced and does not present a compelling investment opportunity.
Fair value modelled at €125,314 from the area baseline, adjusted for condition and location. Asking €325,000 sits €199,686 (61.4%) above — overpriced versus fair value.
Asking €325,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €135,013 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 60 · Amenities 65 · Economic 65 · Tenant Quality 70). 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 €135,013 + condition -€17,800 + location +€8,101 = modelled fair value of €125,314 (€1,408/m²), a €199,686 (61.4%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6d5478 | Subject | €325,000 | €3,652 | — | 65 | 65 |
| avenida Vasco da Gama | Active | €239,000 | €2,951 | 19.2% | — | 62 |
| avenida Mouzinho de Albuquerque, 155 | Active | €285,000 | €2,850 | 22.0% | 70 | 65 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0017a8 | Active | €255,000 | €2,931 | 19.7% | 63 | 68 |
| rua da Quinta, 4 | Active | €255,000 | €2,931 | 19.7% | 55 | 63 |
| Median comp | €255,000 | €2,931 | 19.7% | 63 | 64 |
Long-term rental This 2-bed apartment has a gross yield of only 3.6%, which limits its attractiveness for long-term rental purposes. Given the significant gap of 61.4% above fair value, this investment is likely not justified by the current market conditions. Family rental While the suburban location offers reasonable amenities and a low crime rate, the property’s price point at €325,000 is excessively high when compared to its fair value. Families seeking rentals in the area may be more inclined to find better value options, making this investment less compelling. Buy-and-hold The apartment’s condition rating of 62/100 indicates it may require future investment, coupled with its overpriced listing of €325,000 further diminishes its potential as a buy-and-hold investment. The significant gap from fair value suggests holding this property could lead to stagnant or negative returns over time.
Potential Income Instability With an economic stability score of 65 and a tenant stability score of 70, there may be a heightened risk of income instability due to the moderate economic conditions affecting tenant retention and rental payments.
