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, 3-bathroom apartment of 166 m², built in 2024, energy rating A. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment includes a spacious 44m² private terrace ideal for outdoor entertaining, and a closed garage with an electric gate for added convenience and security.
The valuation. The asking price of €443,000 is significantly higher than the fair value of €280,630, resulting in an overpriced status of €162,370 (36.7%). This discrepancy suggests a lack of potential for immediate financial upside.
Fair value modelled at €280,630 from the area baseline, adjusted for condition and location. Asking €443,000 sits €162,370 (36.7%) above — overpriced versus fair value.
Asking €443,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €412,676 (€2,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 80 · Materials 85 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 55). 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 €412,676 + condition +€20,750 + location +€8,058 = modelled fair value of €280,630 (€1,691/m²), a €162,370 (36.7%) gap versus the €443,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0325a0 | Subject | €443,000 | €2,669 | — | 80 | 58 |
| Vila do Conde · 1e6518 | Active | €385,000 | €3,889 | 45.7% | 82 | 61 |
| rua Emília Sampaio da Nóvoa | Active | €435,000 | €3,000 | 12.4% | 78 | 58 |
| rua Cidade de La Guardia | Active | €575,000 | €2,738 | 2.6% | 75 | 53 |
| Aver-o-Mar, Amorim e Terroso · 8933b7 | Active | €275,000 | €3,056 | 14.5% | 75 | 60 |
| Median comp | €410,000 | €3,028 | 13.5% | 77 | 59 |
Long-term rental While the 2-bed apartment offers a decent gross yield of 3.1%, the €443,000 listing price is significantly above the calculated fair value of €280,630, making it an overpriced investment. Potential long-term tenants may be deterred by the moderate neighborhood score of 58/100, which could limit demand. Family rental Despite the apartment's appeal to families seeking a semi-rural location, the high price of €443,000 compared to its fair value of €280,630 means it is overpriced for potential renters. Additionally, the moderate access to schools in the area may affect the desirability for families looking for quality education. Value-add renovation Investing in value-add renovations is less attractive for this property due to its current listing of €443,000, significantly above the fair value of €280,630, indicating that it is overpriced. Renovation efforts might not yield sufficient returns, especially given the modest neighborhood amenities and tenant quality metrics. Not ideal for A luxury market approach is unsuitable due to the property's significant overvaluation and moderate neighborhood appeal. Similarly, targeting short-term rentals and student housing is not advisable, as the property’s high listing price and local market characteristics fail to align with these strategies.
Economic and tenant instability risk: With both economic and tenant stability scores at 55/100, there is a heightened risk of fluctuations in rental income and potential vacancies due to economic uncertainty.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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