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 104 m² on the 9th floor, built in 1995. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. This apartment features a private balcony with sea views and benefits from three elevators and a doorman for added convenience and security.
The valuation. The asking price of €358,000 stands significantly above its fair value of €166,660, creating an excess of €191,340 (53.4%). This property is considered overpriced and may deter potential buyers seeking a reasonable investment.
Fair value modelled at €166,660 from the area baseline, adjusted for condition and location. Asking €358,000 sits €191,340 (53.4%) above — overpriced versus fair value.
Asking €358,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €258,544 (€2,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 60 · Amenities 55 · Economic 65 · 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 €258,544 + condition +€1,950 + location +€6,942 = modelled fair value of €166,660 (€1,602/m²), a €191,340 (53.4%) gap versus the €358,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6c7c10 | Subject | €358,000 | €3,442 | — | 72 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 49b8f9 | Active | €269,000 | €4,483 | 30.2% | 73 | 56 |
| rua Dona Maria de Meneses, 66 | Active | €259,500 | €2,852 | 17.2% | 74 | 72 |
| rua de Penalves S / N | Active | €299,000 | €2,670 | 22.4% | 70 | 58 |
| rua António Pereira Marques | Active | €400,000 | €3,053 | 11.3% | 80 | 60 |
| Median comp | €284,000 | €2,953 | 14.2% | 74 | 59 |
Long-term rental Given the property’s gross yield of 3.2%, the financial return potential for long-term rental is modest and does not justify the current asking price of €358,000. The fair value benchmark of €166,660 indicates that this investment is overpriced by 53.4%, leading to concerns about profitability. Family rental While the property is suitable for family rental due to its suburban location and decent amenities, the significant gap between the listing price and fair value raises doubts about its attractiveness. At €358,000, the investment is overpriced, which could deter potential tenants looking for better value in the market.
Economic and Tenant Stability Risk The scores of 65/100 for both economic and tenant stability suggest a potential for volatility, indicating that the property may face fluctuating demand and rental income instability over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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