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 111 m², built in 2005. Located on rua Cidade de Vila Nova de Famalicão, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes a convenient designated parking space, adding value and ease in an area where street parking is limited.
The valuation. The asking price of €269,000 is significantly above the fair value of €172,246, marking an excessive premium of €96,754 (36.0%). This valuation indicates the property is overpriced in the current market.
Fair value modelled at €172,246 from the area baseline, adjusted for condition and location. Asking €269,000 sits €96,754 (36.0%) above — overpriced versus fair value.
Asking €269,000 versus the rua Cidade de Vila Nova de Famalicão area baseline of €275,946 (€2,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 70 · Materials 72 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 60 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Cidade de Vila Nova de Famalicão
Area baseline €275,946 + condition -€6,244 + location +€10,103 = modelled fair value of €172,246 (€1,552/m²), a €96,754 (36.0%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Vila Nova de Famalicão | Subject | €269,000 | €2,423 | — | 70 | 65 |
| Vila do Conde · 4a8186 | Active | €350,000 | €2,318 | 4.4% | 69 | 62 |
| Vila do Conde · bf2854 | Active | €320,000 | €2,254 | 7.0% | 65 | 64 |
| praceta Irmã Maria Campos, 31 | Active | €260,000 | €2,301 | 5.1% | 80 | 64 |
| rua Cidade de Vila Nova de Famalicão, 291 | Active | €295,000 | €2,269 | 6.4% | 75 | 65 |
| Median comp | €307,500 | €2,285 | 5.7% | 72 | 64 |
Long-term rental This 2-bed apartment in Póvoa de Varzim is overpriced with a fair value of €172,246, presenting a 36.0% gap compared to its listing price of €269,000. With a gross yield of only 3.8%, it may not provide the returns necessary for long-term rental viability. Family rental Although located in a family-oriented community with good transit links, this property’s listing at €269,000 far exceeds its fair value of €172,246, marking it as overpriced. The current yield of 3.8% is unlikely to attract families seeking reasonable rental rates in the area. Buy-and-hold The 2-bed apartment is not a suitable buy-and-hold investment given its overpriced valuation at €269,000 against a fair value of €172,246. The subpar condition rating of 71/100 and limited yield of 3.8% further diminish its long-term investment appeal.
Potential Vacancy Risk: With an economic stability score of 65/100 and a tenant stability score of 70/100, there is a risk that changing economic conditions could lead to increased vacancies or turnover, impacting rental income.
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