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, 1-bathroom apartment of 81 m² on the 5th floor, built in 1995, energy rating C. Located on rua Flávio Gonçalves, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes a functional kitchen with a pantry and a west-facing balcony that enhances afternoon natural light. Condition Notes: Some fixtures are dated, offering potential for personalization.
The valuation. The asking price of €185,000 is significantly above the fair value of €101,497, representing an overvaluation of €83,503 (45.1%). This property is not a sound investment based on its current pricing. Buy-to-flip angle. As a buy-to-flip investment, enhancing the property’s average quality materials and updating dated features could potentially increase resale value. Targeting a renovated selling price above €185,000 may result in a profitable outcome. Buy-to-let angle. For a buy-to-let strategy, with an estimated gross yield of 5.4% from monthly rentals of about €833, the apartment could attract long-term family tenants. The mixed urban-rural neighborhood offers reasonable demand for rentals.
Fair value modelled at €101,497 from the area baseline, adjusted for condition and location. Asking €185,000 sits €83,503 (45.1%) above — overpriced versus fair value.
Asking €185,000 versus the rua Flávio Gonçalves area baseline of €201,366 (€2,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 60 · Materials 58 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 50 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Flávio Gonçalves
Area baseline €201,366 + condition -€25,313 + location +€3,932 = modelled fair value of €101,497 (€1,253/m²), a €83,503 (45.1%) gap versus the €185,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Flávio Gonçalves | Subject | €185,000 | €2,284 | — | 60 | 58 |
| Aver-o-Mar, Amorim e Terroso · 0017ca | Active | €220,000 | €2,075 | 9.1% | 68 | 62 |
| Vila do Conde · f365bb | Active | €280,000 | €2,258 | 1.1% | 70 | 58 |
| Vila do Conde · 023a36 | Active | €350,000 | €2,318 | 1.5% | 60 | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 99f168 | Active | €275,000 | €2,292 | 0.3% | 55 | 66 |
| Median comp | €277,500 | €2,275 | 0.4% | 64 | 63 |
Family rental The property is overpriced at €185,000, significantly above the fair value of €101,497, indicating a 45.1% gap that undermines its attractiveness for family rentals. With a modest gross yield of 5.4% and a neighborhood rating of 58/100, it lacks the necessary financial appeal for families seeking long-term stability. Buy-and-hold Investing in this property as a buy-and-hold strategy is unwise, given its 45.1% overvaluation compared to its fair value of €101,497. The gross yield of 5.4% does not compensate for the risk associated with an overpriced asset in a neighborhood with a rating of 58/100. Long-term rental As a long-term rental investment, this apartment appears overpriced, with a listing price of €185,000 significantly exceeding the fair market value of €101,497, resulting in a 45.1% gap. The gross yield of 5.4% is insufficient, especially in a neighborhood that scores only 58/100 in terms of tenant appeal and amenities.
Potential Tenant Turnover Risk A low tenant stability score of 60/100 suggests that there may be a high likelihood of tenant turnover, which could lead to increased vacancy rates and lost rental income.
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