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 73 m², energy rating E. Located on via B, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment is located within the peaceful Sopete Urbanization, offering excellent access to Via B, ensuring quick travel to the city center and beyond.
The valuation. The asking price of €169,000 is significantly above the fair value of €91,218, indicating the property is overpriced by €77,782 (46.0%). This discrepancy suggests reconsideration of the purchase price to align better with market expectations.
Fair value modelled at €91,218 from the area baseline, adjusted for condition and location. Asking €169,000 sits €77,782 (46.0%) above — overpriced versus fair value.
Asking €169,000 versus the via B area baseline of €110,741 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 (Condition 55 · Materials 60 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 60 · Amenities 55 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
via B
Area baseline €110,741 + condition -€23,953 + location +€4,430 = modelled fair value of €91,218 (€1,250/m²), a €77,782 (46.0%) gap versus the €169,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| via B | Subject | €169,000 | €2,315 | — | 55 | 60 |
| rua Rebelo Júnior | Active | €180,000 | €2,118 | 8.5% | 58 | 71 |
| avenida Vasco da Gama | Active | €239,000 | €2,951 | 27.5% | — | 62 |
| rua do Clube Naval | Active | €275,000 | €2,292 | 1.0% | 40 | 63 |
| Vila do Conde · 937530 | Active | €320,000 | €2,759 | 19.2% | 60 | 70 |
| Median comp | €257,000 | €2,526 | 9.1% | 58 | 67 |
Long-term rental The property is overpriced at €169,000, significantly exceeding its fair value of €91,218 by 46%. Given the 5.8% gross yield and acceptable condition ratings, investing here could result in diminished returns over time due to the inflated price. Buy-and-hold This 2-bed apartment is not a sound buy-and-hold investment as it is priced 46% above the fair value of €91,218. The long-term appreciation potential is compromised, making it a less attractive option for a stable investment strategy. Family rental While the property has the potential to serve as a family rental in the decent suburban setting, its listing price of €169,000 far surpasses the fair value of €91,218, marking it as overpriced. Families seeking long-term accommodation may find better options that offer more value for the cost in this market. Not ideal for Luxury market The property does not align with the luxury market, not only due to pricing at €169,000 well above fair value but also due to its condition and neighbourhood ratings. Investing here would likely lead to poor performance in the luxury sector given its suburban appeal and pricing discrepancy. Not ideal for Short-term vacation rental Priced at €169,000, this apartment is also overpriced for a short-term vacation rental, where fair market expectations do not align with the listed value of €91,218. This higher pricing hampers the potential for returns that are typically more favourable in short-stay scenarios. Not ideal for Student housing The property, although in a rather safe area, is priced at €169,000 compared to a fair value of €91,218, making it an unwise investment for student housing. The high price point compared to local rental rates could deter student renters seeking affordable accommodations.
Potential Unemployment Surge The economic stability score of 65/100 indicates a moderate risk of economic downturn, which could lead to higher unemployment rates and subsequently affect tenant stability, currently at 60/100, increasing the likelihood of vacancies.
