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 145 m², built in 2007, energy rating D. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment includes a closed garage and a balcony that offers scenic views, enhancing both convenience and outdoor living space in a well-located urban environment.
The valuation. The asking price of €349,000 exceeds the fair value of €237,494 by €111,506, representing a 32.0% overvaluation, which indicates the property is overpriced.
Fair value modelled at €237,494 from the area baseline, adjusted for condition and location. Asking €349,000 sits €111,506 (32.0%) above — overpriced versus fair value.
Asking €349,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €355,395 (€2,451/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 65 · Amenities 60 · Economic 60 · 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 €355,395 + condition +€5,211 + location +€12,318 = modelled fair value of €237,494 (€1,638/m²), a €111,506 (32.0%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6fbb9f | Subject | €349,000 | €2,407 | — | 75 | 64 |
| Aver-o-Mar, Amorim e Terroso · cfde79 | Active | €399,000 | €2,192 | 8.9% | 75 | 62 |
| praça Velha | Active | €432,000 | €2,250 | 6.5% | 74 | 70 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e6650 | Active | €312,500 | €2,042 | 15.1% | 75 | 65 |
| Vila do Conde · 4a8186 | Active | €350,000 | €2,318 | 3.7% | 69 | 62 |
| Median comp | €374,500 | €2,221 | 7.7% | 75 | 64 |
Long-term rental The property is overpriced at €349,000, with a fair value of just €237,494, indicating a significant 32.0% gap from fair pricing. While it generates a gross yield of 3.5%, the high purchase price diminishes its long-term rental viability in a market with moderate demand due to proximity to Porto. Buy-and-hold The buy-and-hold strategy is not advisable for this property, which is currently priced 32.0% above its fair value of €237,494. Given the gross yield of 3.5%, the investment is unlikely to appreciate sufficiently over time to justify the high initial cost. Family rental With a fair value substantially lower than the listing price, at €237,494, this 3-bed apartment is overpriced by 32.0%. Although the neighborhood has a decent score of 64/100, the elevated entry price undermines the attractiveness for family rentals seeking affordability and good value.
Economic Sensitivity Risk With an economic stability score of 60/100, the property is at risk of depreciating in a downturn, impacting returns and tenant retention negatively due to potential job losses. Tenant Stability Risk At a tenant stability score of 65/100, there is a moderate risk of tenant turnover, which could decrease cash flow and increase vacancy rates, particularly during economic fluctuations.
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