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 106 m² on the 2nd floor, built in 1989, energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. This apartment features a spacious balcony with excellent sun exposure, perfect for enjoying outdoor relaxation just 500m from the beach.
The valuation. The asking price of €414,000 sits significantly above the fair value of €327,490, representing an overpricing of €86,510 (26.4%). This valuation indicates that the investment may not yield the expected returns based on current market conditions.
Fair value modelled at €327,490 from 6 comparable sales in the area. Asking €414,000 sits €86,510 (26.4%) above — overpriced versus fair value.
Asking €414,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €283,181 (€2,672/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €283,181, adjusted for condition and micro-location, gives a modelled fair value of €327,490 (€3,090/m²), a €86,510 (26.4%) gap versus the €414,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 4680e1 | Subject | €414,000 | €3,906 | — | 75 | 69 |
| rua da Igreja | Active | €410,000 | €3,154 | 19.2% | 75 | 46 |
| Vila do Conde · 90d7f3 | Active | €369,000 | €2,795 | 28.4% | 74 | 73 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 90dab4 | Active | €380,000 | €2,774 | 29.0% | 74 | 67 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 28bc02 | Active | €330,000 | €3,750 | 4.0% | 85 | 60 |
| Median comp | €374,500 | €2,975 | 23.8% | 75 | 64 |
Long-term rental This property, listed at €414,000, is overpriced with a 26.4% gap compared to its fair value of €327,490, which limits the potential for long-term rental profitability. With a gross yield of only 3.1%, this investment lacks the financial appeal needed for sustained rental success. Family rental While the location offers suburban safety and proximity to Porto's amenities, the €414,000 asking price positions the property as overpriced at a significant 26.4% above its fair value. Given the yield of 3.1%, families seeking rental homes may find better value elsewhere, reducing demand in this segment. Buy-and-hold At a listing price of €414,000, this property is deemed overpriced as it exceeds its fair value by 26.4%, hindering the potential for an attractive buy-and-hold strategy. The low gross yield of 3.1% further suggests that capital appreciation may not align with investor expectations, making it a less favorable long-term holding option.
Tenant turnover risk The tenant stability score of 60/100 suggests a higher likelihood of tenant turnover, which can lead to increased vacancy rates and costs associated with finding new tenants.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
