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.
2-bedroom, 2-bathroom apartment of 123 m², built in 2010, energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts a spacious 40 m² terrace, perfect for outdoor entertaining, and is just 600 meters from the beach, enhancing its appeal for coastal living.
The valuation. The asking price of €340,000 is significantly above the fair value of €192,097, resulting in a disparity of €147,903 (43.5%). This property is clearly overpriced in the current market.
Fair value modelled at €192,097 from the area baseline, adjusted for condition and location. Asking €340,000 sits €147,903 (43.5%) above — overpriced versus fair value.
Asking €340,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €186,591 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 75 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 53/100 (Housing Market 50 · Amenities 55 · Economic 50 · Tenant Quality 58). 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 €186,591 + condition +€3,267 + location +€2,239 = modelled fair value of €192,097 (€1,562/m²), a €147,903 (43.5%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 032528 | Subject | €340,000 | €2,764 | — | 75 | 53 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 90d991 | Active | €340,000 | €2,764 | 0% | 75 | 60 |
| rua Comendador Nelson Quintas, 62 | Active | €329,900 | €2,704 | 2.2% | 80 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0239d0 | Active | €340,000 | €2,764 | 0% | 72 | 60 |
| rua António Pereira Marques | Active | €400,000 | €3,053 | 10.5% | 80 | 60 |
| Median comp | €340,000 | €2,764 | 0% | 78 | 60 |
Long-term rental The property is overpriced at €340,000, significantly exceeding the fair value of €192,097 by 43.5%. With a gross yield of only 3.3%, this investment does not meet the thresholds for a viable long-term rental opportunity. Buy-and-hold While the property may seem appealing, its valuation of €340,000 is 43.5% higher than the fair value of €192,097, making it overpriced. This discourages a buy-and-hold strategy as the potential for capital appreciation is limited by the inflated price relative to the market expectations.
Economic Instability Risk The property is located in an area with an economic stability score of 50/100, indicating potential vulnerabilities in market conditions that could affect rental income.
