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.
4-bedroom, 2-bathroom apartment of 181 m², energy rating D. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts triple exposure with abundant natural light and an individual closed garage of 25.5 m², ensuring convenience and ample storage options for residents.
The valuation. The asking price of €455,000 is substantially above the fair value of €311,164, indicating an overvaluation of €143,836, or 31.6%. This implies that the property is priced significantly above what the market dictates.
Fair value modelled at €311,164 from the area baseline, adjusted for condition and location. Asking €455,000 sits €143,836 (31.6%) above — overpriced versus fair value.
Asking €455,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €274,577 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 78 · Materials 85 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 60 · Amenities 65 · Economic 65 · Tenant Quality 65). 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 €274,577 + condition +€21,211 + location +€15,376 = modelled fair value of €311,164 (€1,719/m²), a €143,836 (31.6%) gap versus the €455,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 42021a | Subject | €455,000 | €2,514 | — | 78 | 64 |
| avenida do Brasil | Active | €1,875,000 | €13,393 | 432.8% | 80 | 56 |
| rua Gomes de Amorim, 128 | Active | €447,500 | €2,712 | 7.9% | 80 | 62 |
| travessa de Fragosa | Active | €345,000 | €2,899 | 15.3% | 78 | 66 |
| avenida Vasco da Gama | Active | €360,000 | €3,789 | 50.7% | 78 | 61 |
| Median comp | €403,750 | €3,344 | 33.0% | 79 | 62 |
Long-term rental The property is overpriced at €455,000, significantly exceeding its fair value of €311,164 by 31.6%. With a gross yield of 4.1%, potential rental income may not justify this high purchase price given the moderate housing demand in the suburban Porto area. Family rental While this property offers ample space for family living, its overpriced valuation of €455,000 suggests that families might seek more favorable options within the local market. The condition rating of 83/100 is appealing, yet the associated costs may deter family renters from pursuing this property. Buy-and-hold Investing in this property for a buy-and-hold strategy appears challenging due to its current overpriced status at €455,000 compared to a fair value of €311,164. Although the location benefits from proximity to Porto, the long-term appreciation potential is questionable given the high initial cost and lukewarm neighborhood ratings. Not ideal for luxury market This property is clearly overpriced, making it a poor fit for the luxury market segment where expectations for value and quality are much higher. Prospective buyers in the luxury sector will likely overlook a property that does not meet their price-to-value ratio. Not ideal for short-term vacation rental With its current overpriced valuation, this property is not suitable for short-term vacation rentals, which typically demand competitive pricing. The suburban setting also lessens its attractiveness for transient visitors seeking premium accommodations. Not ideal for student housing The property’s high asking price at €455,000 is not aligned with the student rental market, which often requires lower-priced options. Additionally, the moderate neighborhood quality may not appeal to students prioritizing accessibility and affordability.
Economic and Tenant Risk The combined economic stability score of 65 and tenant stability score of 65 indicates a moderate risk in maintaining consistent rental income, potentially affecting cash flow due to possible tenant turnover and economic fluctuations.