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 house of 178 m², built in 1970, energy rating D. Located on rua do Outeiro, 109, Balazar parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This property includes a sizable basement with potential for conversion into an independent T2 apartment, enhancing its investment appeal and versatility for families.
The valuation. The asking price of €375,000 is significantly above the fair value of €238,171, leading to an overpriced verdict of €136,829 (36.5%). This disparity suggests that the property is not an attractive investment at its current price.
Fair value modelled at €238,171 from the area baseline, adjusted for condition and location. Asking €375,000 sits €136,829 (36.5%) above — overpriced versus fair value.
Asking €375,000 versus the rua do Outeiro, 109 area baseline of €249,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 70 · Materials 75 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Outeiro, 109
Area baseline €249,200 + condition -€26,978 + location +€15,949 = modelled fair value of €238,171 (€1,338/m²), a €136,829 (36.5%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Outeiro, 109 | Subject | €375,000 | €2,107 | — | 70 | 66 |
| Vila do Conde · 4201fe | Active | €340,000 | €2,267 | 7.6% | — | 52 |
| Vila do Conde · 4201b8 | Active | €399,000 | €1,956 | 7.2% | 70 | 55 |
| Bagunte, Ferreiró, Outeiro Maior e Parada · 25f524 | Active | €295,000 | €1,821 | 13.6% | 70 | 71 |
| Aguçadoura e Navais · ba57ee | Active | €429,000 | €2,145 | 1.8% | 75 | 65 |
| Median comp | €369,500 | €2,051 | 2.7% | 70 | 60 |
Long-term rental The property in Balazar, Póvoa de Varzim is overpriced at €375,000 with a fair value estimate of €238,171, reflecting a significant 36.5% gap. At a gross yield of only 2.3%, the investment potential for long-term rental income appears limited and indicates unfavorable returns. Family rental This 3-bed house is priced well above its estimated fair value, which is 36.5% lower than the listing price, pegging it at €375,000 against €238,171. With a neighborhood score of 66/100, the family's appeal may not justify such a high investment compared to similar options in the area. Buy-and-hold The asking price of €375,000 for this property is overvalued relative to its fair value of €238,171, creating a significant investment gap of 36.5%. Given the prevailing gross yield of 2.3%, a buy-and-hold strategy would likely result in inadequate long-term financial growth, making this purchase less attractive for investors.
Economic Vulnerability The economic stability score of 65/100 suggests potential fluctuations in the market, which may impact rental income and property value negatively.
