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, 3-bathroom apartment of 310 m², built in 2007, energy rating C. Located on rua Cidade de Barcelos, 236, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts an expansive terrace ideal for outdoor entertaining and showcases elegant solid wood flooring throughout, elevating the interior aesthetics and comfort.
The valuation. The asking price of €599,000 sits €93,450 above fair value, making it overpriced at 15.6%. With a fair value of €505,550, this property does not represent an attractive investment opportunity.
Fair value modelled at €505,550 from the area baseline, adjusted for condition and location. Asking €599,000 sits €93,450 (15.6%) above — overpriced versus fair value.
Asking €599,000 versus the rua Cidade de Barcelos, 236 area baseline of €470,270 (€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 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 55 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Cidade de Barcelos, 236
Area baseline €470,270 + condition +€16,469 + location +€18,811 = modelled fair value of €505,550 (€1,631/m²), a €93,450 (15.6%) gap versus the €599,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Barcelos, 236 | Subject | €599,000 | €1,932 | — | 75 | 60 |
| rua Cidade de La Guardia, 201 | Active | €600,000 | €1,929 | 0.2% | 74 | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e6650 | Active | €312,500 | €2,042 | 5.7% | 75 | 65 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 49b76c | Active | €380,000 | €1,638 | 15.2% | 75 | 68 |
| Vila do Conde · bf2854 | Active | €320,000 | €2,254 | 16.6% | 65 | 64 |
| Median comp | €350,000 | €1,986 | 2.8% | 75 | 65 |
Long-term rental Given its price of €599,000, which exceeds the fair value by 15.6%, this property is unsuitable for long-term rental as it does not promise a competitive return. With a gross yield of 0% and a neighborhood rating of 60/100, the potential for attracting reliable long-term tenants is limited. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable due to its overpriced listing at €599,000, significantly higher than the fair value of €505,550. The combination of a mediocre neighborhood score and low rental yield further complicates its attractiveness for appreciation over time. Family rental This property, while marketed for family rental, is overpriced at €599,000 compared to its fair value of €505,550, resulting in diminished investment appeal. Additionally, the 0% yield and average neighborhood rating suggest limited demand from family renters looking for affordability and quality living conditions.
Economic Vulnerability The economic stability score of 70 indicates moderate resilience, but the tenant stability score of 60 suggests a potential for increased vacancy rates or tenant turnover, posing a risk to consistent rental income.
