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, 3-bathroom apartment of 123 m², built in 1997, energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. This apartment features a stylish balcony perfect for outdoor relaxation and a spacious closed garage accommodating two vehicles, enhancing both comfort and convenience.
The valuation. The asking price of €400,000 is significantly higher than the fair value of €202,444, making it overpriced by €197,556 (49.4%). This discrepancy suggests a lack of fiscal prudence for prospective buyers.
Fair value modelled at €202,444 from the area baseline, adjusted for condition and location. Asking €400,000 sits €197,556 (49.4%) above — overpriced versus fair value.
Asking €400,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €186,591 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 60 · Amenities 60 · Economic 60 · 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 €186,591 + condition +€6,150 + location +€9,703 = modelled fair value of €202,444 (€1,646/m²), a €197,556 (49.4%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 420028 | Subject | €400,000 | €3,252 | — | 75 | 63 |
| rua Joaquim Maia Igreja, 30 | Active | €325,000 | €2,955 | 9.1% | 75 | 69 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · bf2904 | Active | €345,000 | €2,674 | 17.8% | 75 | 64 |
| largo Doutor José Pontes | Active | €355,000 | €2,731 | 16.0% | 85 | 66 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 25f6f0 | Active | €369,000 | €2,545 | 21.7% | 74 | 69 |
| Median comp | €350,000 | €2,703 | 16.9% | 75 | 68 |
Long-term rental This property, priced at €400,000, is significantly overpriced compared to its fair value of €202,444, resulting in a substantial gap of 49.4%. With a gross yield of only 2.8% in a suburban area with limited local employment, it may struggle to attract tenants willing to pay premium rents. Family rental Given the high price tag relative to fair value and a moderate neighbourhood rating of 63/100, this apartment is not ideally positioned for family tenants seeking value. Additionally, with the local economic conditions limiting job opportunities, potential families may look elsewhere for more attractive options. Buy-and-hold Investing in this property as a buy-and-hold strategy may be unwise, considering its severe overpricing and low yield of 2.8%. The combination of a property value significantly exceeding fair market rates and a suburban location with moderate demand suggests limited appreciation potential in the foreseeable future.
Economic Vulnerability A score of 60/100 for economic stability suggests a potential risk of downturn, impacting rental income and property values.
