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 153 m² on the 2nd floor, built in 1999, energy rating C. Located on rua Flávio Gonçalves, 259, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes generous room sizes and a closed garage, offering both ample living space and secure parking in a sought-after Póvoa de Varzim location.
The valuation. The asking price of €285,000 is significantly above the fair value of €233,946, indicating an overpriced property by €51,054, or 17.9%. Such a premium reflects a potential challenge for investors looking for value in a competitive market.
Fair value modelled at €233,946 from the area baseline, adjusted for condition and location. Asking €285,000 sits €51,054 (17.9%) above — overpriced versus fair value.
Asking €285,000 versus the rua Flávio Gonçalves, 259 area baseline of €380,358 (€2,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 68 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Flávio Gonçalves, 259
Area baseline €380,358 + condition -€8,367 + location +€10,212 = modelled fair value of €233,946 (€1,529/m²), a €51,054 (17.9%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Flávio Gonçalves, 259 | Subject | €285,000 | €1,863 | — | 68 | 61 |
| Vila do Conde · 4a8186 | Active | €350,000 | €2,318 | 24.4% | 69 | 62 |
| Vila do Conde · bf2854 | Active | €320,000 | €2,254 | 21.0% | 65 | 64 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6fbb9f | Active | €349,000 | €2,407 | 29.2% | 75 | 64 |
| rua Cidade de Vila Nova de Famalicão | Active | €269,000 | €2,423 | 30.1% | 70 | 65 |
| Median comp | €334,500 | €2,363 | 26.8% | 70 | 64 |
Long-term rental This property, priced at €285,000, is significantly above its fair value of €233,946, indicating it is overpriced by 17.9%. Given the gross yield of 4.3% and a neighborhood rating of 61/100, the financial prospects for long-term rental income are unlikely to meet investor expectations. Buy-and-hold Investing in this apartment as a buy-and-hold strategy may not generate the desired returns due to its inflated market price, which exceeds the fair value by 17.9%. With a condition score of 72/100, any potential appreciation within the suburban market context may be insufficient to justify the premium price. Family rental The property is overpriced at €285,000 compared to the fair value of €233,946, limiting its long-term appeal for family rental purposes. Although the close proximity to Porto offers urban advantages, the overall yield and neighborhood quality may not attract prospective family tenants at the current asking price.
Economic and tenant instability risk: With both economic stability and tenant stability scores at 60/100, there is a heightened risk of fluctuating cash flow and potential vacancies affecting overall investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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