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 on rua Centro, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment offers extensive layout customization opportunities due to its ongoing renovation, allowing the future owner to decide on key design elements such as finishes and fittings. Location Highlights: Its prime location ensures easy walking access to schools, shopping, leisure activities, and the beach, enhancing daily life convenience.
The valuation. The asking price of €455,000 is significantly above the fair value of €175,730, representing an overvaluation of €279,270 (61.4%). This indicates a mispricing that does not align with market trends and property condition.
Fair value modelled at €175,730 from the area baseline, adjusted for condition and location. Asking €455,000 sits €279,270 (61.4%) above — overpriced versus fair value.
Asking €455,000 versus the rua Centro area baseline of €274,577 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 35/100 (Condition 24 · Materials 40 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 60 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Centro
Area baseline €274,577 + condition -€113,125 + location +€14,278 = modelled fair value of €175,730 (€971/m²), a €279,270 (61.4%) gap versus the €455,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Centro | Subject | €455,000 | €2,514 | — | 24 | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6f40d6 | Active | €455,000 | €2,514 | 0% | 35 | 54 |
| praça dos Combatentes, 21 | Active | €455,000 | €2,935 | 16.8% | 42 | 60 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 03255b | Active | €455,000 | €2,935 | 16.8% | 60 | 55 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e6539 | Active | €477,500 | €3,820 | 52.0% | 45 | 59 |
| Median comp | €455,000 | €2,935 | 16.8% | 44 | 57 |
Long-term rental The property’s gross yield of 4.5% does not adequately compensate for its significant 61.4% premium over fair value, indicating that it is overpriced. Coupled with a condition rating of 35/100, this makes it less viable as a long-term rental investment in a suburban location. Family rental While the property may attract families due to its size, the substantial gap to fair value of 61.4% suggests that it is overpriced in the current market. The local amenities and reliance on cars further complicate its appeal for family rentals, diminishing its attractiveness further. Buy-and-hold As a buy-and-hold investment, the property’s 4.5% yield is insufficient when factoring in its 61.4% overvaluation, making it a less attractive long-term hold. Additionally, with the property's condition rated only 35/100, the costs of upkeep and maintenance might erode potential returns, reinforcing its overpriced status.
Economic dependency risk The property’s moderate economic stability score of 65/100 suggests potential vulnerability to economic downturns, impacting occupancy and rental income.
