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, 4-bathroom apartment of 175 m², built in 1995, energy rating C. Located on avenida dos Pescadores, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: Exclusive access to a private beach for condominium residents, enhancing the coastal living experience in this desirable location at Brisa Mar Building.
The valuation. The asking price of €599,900 is significantly above the fair value of €300,048, indicating the property is overpriced by €299,852 (50.0%). This discrepancy raises concerns about the viability of the investment.
Fair value modelled at €300,048 from the area baseline, adjusted for condition and location. Asking €599,900 sits €299,852 (50.0%) above — overpriced versus fair value.
Asking €599,900 versus the avenida dos Pescadores area baseline of €428,925 (€2,451/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 83 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida dos Pescadores
Area baseline €428,925 + condition +€11,211 + location +€23,362 = modelled fair value of €300,048 (€1,715/m²), a €299,852 (50.0%) gap versus the €599,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Pescadores | Subject | €599,900 | €3,428 | — | 75 | 72 |
| avenida dos Pescadores, 811 | Active | €590,000 | €3,620 | 5.6% | 82 | 63 |
| rua Cidade de La Guardia, 201 | Active | €600,000 | €1,929 | 43.7% | 74 | 63 |
| rua Cidade de Barcelos, 236 | Active | €599,000 | €1,932 | 43.6% | 75 | 60 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · bf2904 | Active | €345,000 | €2,674 | 22.0% | 75 | 64 |
| Median comp | €594,500 | €2,303 | 32.8% | 75 | 63 |
Family rental This apartment is not ideal for a family rental strategy, as it is overpriced with a significant 50% gap compared to fair value. The current yield of 0% further diminishes its attractiveness for long-term occupancy, despite the neighborhood scoring reasonably at 72/100. Long-term rental Given the property’s listing price of €599,900 against a fair value of €300,048, it is overpriced for a long-term rental strategy. With a gross yield of 0%, this investment poses a significant risk in a market that may not support such elevated pricing. Buy-and-hold This buy-and-hold strategy would be challenging due to the property's overpriced condition, presenting a 50% gap from its fair value. The 79/100 condition rating is decent, but the lack of financial return potential makes it a less favorable target for long-term appreciation.
Economic slowdown risk With an economic stability score of 70/100, the property may be vulnerable to changes in the local economy that could impact tenant demand and rental income.
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