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, 0-bathroom apartment of 100 m², energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment includes an enclosed balcony that enhances its modern aesthetic while providing additional usable space, perfect for relaxing or entertaining. Energy Class: C
The valuation. The asking price of €330,000 is significantly above the fair value of €168,567, making it overpriced by €161,433 (48.9%). Such a discrepancy suggests a lack of alignment with market conditions. Buy-to-flip angle. A resale strategy would require substantial renovations to justify the initial asking price, aiming to capture a higher return post-improvement. The potential for value-add renovations could attract family-oriented buyers seeking a modern move-in-ready space. Buy-to-let angle. The rental income strategy estimates a gross yield of 3.3%, with expected monthly rents around €908. This yield may not support the high asking price, but long-term stability in the family-oriented market could provide steady income.
Fair value modelled at €168,567 from the area baseline, adjusted for condition and location. Asking €330,000 sits €161,433 (48.9%) above — overpriced versus fair value.
Asking €330,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €248,600 (€2,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (Housing Market 60 · Amenities 55 · Economic 55 · 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 €248,600 + condition +€11,406 + location +€5,461 = modelled fair value of €168,567 (€1,686/m²), a €161,433 (48.9%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 28bc82 | Subject | €330,000 | €3,300 | — | 80 | 59 |
| Vila do Conde · 6d53bb | Active | €240,000 | €2,759 | 16.4% | 75 | 67 |
| Vila do Conde · bf28b7 | Active | €359,000 | €4,787 | 45.1% | 76 | 63 |
| rua da Independência de Guiné, 1 | Active | €360,000 | €3,600 | 9.1% | 80 | 52 |
| Aver-o-Mar, Amorim e Terroso · 0017a5 | Active | €385,000 | €2,730 | 17.3% | 76 | 66 |
| Median comp | €359,500 | €3,180 | 3.7% | 76 | 65 |
Long-term rental The property, listed at €330,000, is significantly overpriced with a fair value estimate of €168,567, indicating a 48.9% gap that raises concerns about investment viability. Given the gross yield of 3.3% and a neighborhood rating of 59/100, it is unlikely to attract quality tenants for sustainable long-term rental income. Buy-and-hold The current listing price makes this property an unattractive buy-and-hold investment, as it is overvalued at €330,000 compared to the fair value of €168,567. With a yield of 3.3% and a condition score of 82/100, the risks outweigh the long-term benefits in this secondary urban area. Value-add renovation While the apartment’s condition of 82/100 suggests some potential for improvements, the gap between the listing price and its fair value of €168,567 indicates that it is overpriced at €330,000. Any renovation costs would further diminish the already unsuitable investment outlook, especially within the context of low neighborhood ratings. Not ideal for This property is not suited for the luxury market, given its mediocre neighborhood score and significant overpricing. Additionally, short-term vacation rentals and student housing opportunities are limited in this location, impacting potential revenue streams.
Economic Vulnerability The economic stability score of 55/100 indicates a risk of economic downturn, which may lead to higher vacancy rates and lower rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit