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 144 m², built in 1996, energy rating C. Located on praça de Touros, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment boasts a private laundry room and a spacious balcony, enhancing everyday convenience and outdoor relaxation in this well-located 5th-floor home. Location Benefits: Close to Póvoa Arena and local amenities. Condition Notes: Moderately worn interiors with basic but functional kitchen and bathrooms. Price Evaluation: Fair.
The valuation. The asking price of €425,000 is substantially above fair value at €193,384, resulting in an overpricing of €231,616, or 54.5%. This property is not a financially sound investment as it stands.
Fair value modelled at €193,384 from the area baseline, adjusted for condition and location. Asking €425,000 sits €231,616 (54.5%) above — overpriced versus fair value.
Asking €425,000 versus the praça de Touros area baseline of €357,984 (€2,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 (Condition 58 · Materials 60 · Room dimensions 63). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 60 · Amenities 65 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
praça de Touros
Area baseline €357,984 + condition -€35,550 + location +€10,486 = modelled fair value of €193,384 (€1,343/m²), a €231,616 (54.5%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça de Touros | Subject | €425,000 | €2,951 | — | 58 | 62 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e65ba | Active | €280,000 | €2,692 | 8.8% | 70 | 57 |
| rua Gomes de Amorim | Active | €250,000 | €2,604 | 11.8% | — | 62 |
| avenida Mouzinho Albuquerque Centro | Active | €400,000 | €3,008 | 1.9% | — | 63 |
| Vila do Conde · 735457 | Active | €280,000 | €2,947 | 0.1% | 50 | 68 |
| Median comp | €280,000 | €2,820 | 4.5% | 60 | 63 |
Long-term rental The property at €425,000 presents a gross yield of only 3.4%, indicating that it may not generate sufficient cash flow relative to its asking price. Given the fair value of €193,384, this apartment is significantly overpriced, limiting its viability as a long-term rental. Family rental While the property could theoretically attract family renters due to its size, the hefty price tag of €425,000 strongly suggests that it is overpriced compared to its fair value of €193,384. The potential yield of 3.4% is below acceptable levels for family rentals in this market, making it a less attractive investment. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its current pricing at €425,000, far above the fair value of €193,384. With a gross yield of only 3.4%, the long-term appreciation potential does not justify the overpricing now evident in the market assessment.
Limited economic growth potential The economic stability score of 60/100 indicates uncertain growth prospects, which may impact long-term property value and tenant retention.
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