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, built in 1979, energy rating D. Located on avenida Vasco da Gama, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Highlight: This 8th-floor apartment boasts unobstructed views and is only minutes away from the waterfront, enhancing its appeal for those seeking both urban and coastal living.**
The valuation. The asking price of €360,000 is significantly above fair value, exceeding it by €200,044 or 55.6%. This property is considered overpriced given the fair market assessment of €159,956.
Fair value modelled at €159,956 from the area baseline, adjusted for condition and location. Asking €360,000 sits €200,044 (55.6%) above — overpriced versus fair value.
Asking €360,000 versus the avenida Vasco da Gama area baseline of €144,115 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 84 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 55 · Amenities 55 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Vasco da Gama
Area baseline €144,115 + condition +€9,500 + location +€6,341 = modelled fair value of €159,956 (€1,684/m²), a €200,044 (55.6%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Vasco da Gama | Subject | €360,000 | €3,789 | — | 78 | 61 |
| travessa de Fragosa | Active | €345,000 | €2,899 | 23.5% | 78 | 66 |
| Vila do Conde · 90d7f3 | Active | €369,000 | €2,795 | 26.2% | 74 | 73 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 42021a | Active | €455,000 | €2,514 | 33.7% | 78 | 64 |
| largo Doutor José Pontes | Active | €355,000 | €2,731 | 27.9% | 85 | 66 |
| Median comp | €362,000 | €2,763 | 27.1% | 78 | 66 |
Long-term rental Given the gap of 55.6% between the listing price of €360,000 and the fair value of €159,956, this property is significantly overpriced for long-term rentals, limiting potential returns. With a gross yield of only 3.4%, investors may find better opportunities elsewhere with a more favorable valuation. Buy-and-hold This property, valued at €159,956, is selling for €360,000, indicating it is overpriced and will likely struggle to appreciate at expected rates. Additionally, the current gross yield of 3.4% may not justify the high entry cost for a buy-and-hold strategy. Family rental Priced at €360,000, the property has a notable overpricing compared to its fair value of €159,956, which could deter families from renting at such a premium. The neighborhood scoring 61/100 further suggests that while the property may attract tenants, the high price undermines its appeal for family rentals.
Economic and Tenant Stability Risk The property has a moderate economic stability score of 65/100 and a tenant stability score of 70/100, which may indicate potential challenges in attracting and retaining reliable tenants.
