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 95 m², energy rating C. Located on rua Flávio Gonçalves, 217, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Highlight: This apartment features a spacious balcony ideal for outdoor relaxation, complemented by panoramic city views, enhancing the urban living experience in Póvoa de Varzim.
The valuation. The asking price of €299,000 is significantly above the fair value of €164,882, representing an overpricing of €134,118 (44.9%). This property does not present a favorable investment opportunity.
Fair value modelled at €164,882 from the area baseline, adjusted for condition and location. Asking €299,000 sits €134,118 (44.9%) above — overpriced versus fair value.
Asking €299,000 versus the rua Flávio Gonçalves, 217 area baseline of €232,845 (€2,451/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 60 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Flávio Gonçalves, 217
Area baseline €232,845 + condition +€10,391 + location +€10,376 = modelled fair value of €164,882 (€1,736/m²), a €134,118 (44.9%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Flávio Gonçalves, 217 | Subject | €299,000 | €3,147 | — | 80 | 68 |
| rua do Pevido, 148 | Active | €430,000 | €4,019 | 27.7% | 75 | 67 |
| largo Doutor José Pontes | Active | €355,000 | €2,731 | 13.2% | 85 | 66 |
| Vila do Conde · 90d8fd | Active | €345,000 | €3,255 | 3.4% | 80 | 66 |
| rua Joaquim Maia Igreja, 30 | Active | €325,000 | €2,955 | 6.1% | 75 | 69 |
| Median comp | €350,000 | €3,105 | 1.3% | 78 | 67 |
Long-term rental The property is overpriced by 44.9%, with a fair value of €164,882 compared to the listing price of €299,000. With a gross yield of only 3.4%, the investment might not provide the expected returns over time. Family rental The property's current valuation significantly exceeds its fair value, indicating it is overpriced at €299,000. Given the moderate neighborhood rating of 68/100, families may find better rental options elsewhere. Buy-and-hold While the condition of the apartment is relatively high at 82/100, the listing price remains 44.9% above fair value. Investors considering a buy-and-hold strategy may find that long-term appreciation is hindered by its current overpricing.
Economic Downturn Risk A score of 65/100 in economic stability indicates potential vulnerability to economic downturns, which may affect rental demand and tenant turnover negatively.
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