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 apartment of 73 m². Located on avenida Vasco da Gama, 42, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts panoramic views of the coast due to its elevation, providing abundant natural light in all rooms, ideal for a personalized renovation project.
The valuation. The asking price of €265,000 is significantly above the fair value of €90,841, resulting in a €174,159 (65.7%) overpricing. This valuation indicates that the property does not represent a viable investment opportunity.
Fair value modelled at €90,841 from the area baseline, adjusted for condition and location. Asking €265,000 sits €174,159 (65.7%) above — overpriced versus fair value.
Asking €265,000 versus the avenida Vasco da Gama, 42 area baseline of €110,741 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 60 · Materials 50 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 54/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida Vasco da Gama, 42
Area baseline €110,741 + condition -€21,672 + location +€1,772 = modelled fair value of €90,841 (€1,244/m²), a €174,159 (65.7%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Vasco da Gama, 42 | Subject | €265,000 | €3,630 | — | 60 | 54 |
| avenida Mouzinho Albuquerque Centro | Active | €400,000 | €3,008 | 17.2% | — | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 03255b | Active | €455,000 | €2,935 | 19.1% | 60 | 55 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · bf28dd | Active | €300,000 | €2,727 | 24.9% | 60 | 65 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e6539 | Active | €477,500 | €3,820 | 5.2% | 45 | 59 |
| Median comp | €427,500 | €2,972 | 18.1% | 60 | 61 |
Long-term rental The 3-bed apartment in Póvoa de Varzim, listed at €265,000, is significantly overpriced as the fair value is only €90,841, indicating a 65.7% discrepancy. With a gross yield of 4.8% and a condition rating of 56/100, potential long-term rental returns may not justify the initial investment cost. Buy-and-hold Given the substantial gap between the listing price and fair value, investing in this property as a buy-and-hold strategy appears unwise because it is overpriced at €265,000 compared to a fair valuation of €90,841. The apartment's average condition and neighborhood ratings further raise concerns about its potential for appreciation over time.
Economic Vulnerability The property faces a significant investment risk due to a low economic stability score of 45/100, indicating a potentially unstable market environment for tenants.
