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, 2-bathroom apartment of 130 m², built in 1985, energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes a spacious balcony offering views of the surrounding area, enhancing outdoor enjoyment despite its practical and basic interior updates.
The valuation. The asking price of €360,000 is significantly above the fair value of €161,663, indicating that the property is overpriced by €198,337 (55.1%). Given the valuation, buyer caution is advised.
Fair value modelled at €161,663 from the area baseline, adjusted for condition and location. Asking €360,000 sits €198,337 (55.1%) above — overpriced versus fair value.
Asking €360,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €323,180 (€2,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 (Condition 62 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 50/100 (Housing Market 50 · Amenities 50 · Economic 50 · Tenant Quality 50). 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 €323,180 + condition -€35,547 + location +€0 = modelled fair value of €161,663 (€1,244/m²), a €198,337 (55.1%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · dc159e | Subject | €360,000 | €2,769 | — | 62 | 50 |
| avenida Mouzinho Albuquerque Centro | Active | €400,000 | €3,008 | 8.6% | — | 63 |
| praça de Touros | Active | €425,000 | €2,951 | 6.6% | 58 | 62 |
| avenida Vasco da Gama, 42 | Active | €265,000 | €3,630 | 31.1% | 60 | 54 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · bf28dd | Active | €300,000 | €2,727 | 1.5% | 60 | 65 |
| Median comp | €350,000 | €2,980 | 7.6% | 60 | 63 |
Long-term rental This 3-bed apartment in Póvoa de Varzim is priced at €360,000, which is substantially above its fair value of €161,663, indicating it is overpriced by 55.1%. With a gross yield of only 3.4% and a condition and neighborhood rating of 58/100 and 50/100 respectively, this investment may not attract high-quality long-term tenants. Buy-and-hold Investing in this property for a buy-and-hold strategy does not seem advisable given its current price point, as it is valued 55.1% over the fair market value of €161,663. The suboptimal yield of 3.4% combined with average ratings for condition and neighborhood suggest that any potential appreciation may not be worth the risk of an overpriced asset.
Economic and Tenant Instability Risk The property faces a significant investment risk due to its low Economic stability score of 50/100 and Tenant stability score of 50/100, suggesting potential issues with market demand and tenant retention.
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