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, 4-bathroom house of 234 m², built in 2006, energy rating C. Located on rua da Lapa, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Feature: The house features a striking marble staircase with brown veins, seamlessly blending with the sophisticated wooden flooring to enhance its modern elegance.
The valuation. The asking price of €570,000 exceeds the fair value of €406,861 by €163,139 (28.6%). This property is overpriced, suggesting potential challenges in achieving a profitable investment return.
Fair value modelled at €406,861 from the area baseline, adjusted for condition and location. Asking €570,000 sits €163,139 (28.6%) above — overpriced versus fair value.
Asking €570,000 versus the rua da Lapa area baseline of €581,724 (€2,486/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 78 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 60 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua da Lapa
Area baseline €581,724 + condition +€26,325 + location +€25,558 = modelled fair value of €406,861 (€1,739/m²), a €163,139 (28.6%) gap versus the €570,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Lapa | Subject | €570,000 | €2,436 | — | 78 | 68 |
| avenida Doutor Carlos Pinto Ferreira | Active | €700,000 | €3,111 | 27.7% | 80 | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e6533 | Active | €450,000 | €2,459 | 0.9% | 72 | 60 |
| rua dos Ferreiros, 92A | Active | €390,000 | €3,250 | 33.4% | 82 | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 99f302 | Active | €795,000 | €3,614 | 48.3% | 82 | 65 |
| Median comp | €575,000 | €3,181 | 30.6% | 81 | 62 |
Long-term rental The property at €570,000 is overpriced by 28.6% compared to its fair value of €406,861, which severely limits the potential for a strong return on investment. With a gross yield of only 2.9%, this strategy does not align with the expected financial performance for a long-term rental. Buy-and-hold Acquiring this property for €570,000 may hinder appreciation opportunities, given the fair value is significantly lower at €406,861 and reflects a 28.6% overpricing. The suboptimal yield of 2.9% further suggests that holding this asset could result in a below-average investment performance over time. Family rental Investing in a family rental at this price point, €570,000, appears unwise as it is 28.6% above the fair value of €406,861. The low gross yield of 2.9% raises concerns about the financial sustainability of maintaining such a rental in this market environment.
Economic Vulnerability The investment may face risks due to a moderate economic stability score of 65/100, indicating possible fluctuations in the local economy that could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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