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, 4-bathroom apartment of 144 m², built in 1982, energy rating E. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The property features a sunroom that enhances natural light and provides unobstructed views of the beach, creating a serene atmosphere for relaxation and enjoyment.
The valuation. The asking price of €650,000 is substantially above the fair value of €244,485, representing a €405,515 (62.4%) overvaluation. This price indicates a significant misalignment with market fundamentals.
Fair value modelled at €244,485 from the area baseline, adjusted for condition and location. Asking €650,000 sits €405,515 (62.4%) above — overpriced versus fair value.
Asking €650,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €218,448 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 55 · 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 €218,448 + condition +€16,425 + location +€9,612 = modelled fair value of €244,485 (€1,698/m²), a €405,515 (62.4%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0dcedc | Subject | €650,000 | €4,514 | — | 80 | 61 |
| rua Dom Manuel | Active | €389,000 | €2,494 | 44.8% | 80 | 54 |
| travessa de Fragosa | Active | €345,000 | €2,899 | 35.8% | 78 | 66 |
| avenida Vasco da Gama | Active | €360,000 | €3,789 | 16.0% | 78 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 420028 | Active | €400,000 | €3,252 | 28.0% | 75 | 63 |
| Median comp | €374,500 | €3,076 | 31.9% | 78 | 62 |
Long-term rental The property is currently listed at €650,000, which is significantly above the fair value of €244,485, indicating it is overpriced by 62.4%. With a low gross yield of 1.9%, the investment does not offer an attractive return for long-term rental purposes. Buy-and-hold Although being a buy-and-hold strategy typically seeks to capitalize on property appreciation, the current valuation at €650,000 suggests an inflated price relative to the fair value of €244,485. The property’s 1.9% yield also indicates that holding this property could result in below-average returns over time. Family rental The €650,000 listing price exceeds the fair value of €244,485, reaffirming that this property is overpriced in the current market. Given its low yield of 1.9% and the overall neighborhood rating of 61/100, it may not attract families seeking value in a suburban setting.
Economic and Tenant Stability Risk The property has average economic and tenant stability scores of 60/100, indicating potential volatility in rental income and increased risk of vacancies.
