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, 0-bathroom apartment of 126 m², built in 1998, energy rating C. Located on rua 1ª Linha de Mar, 2, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts a unique, unobstructed view of the ocean, complemented by a recently renovated facade with enhanced thermal insulation for improved energy efficiency.
The valuation. The asking price of €550,000 is significantly above the fair value of €405,679, by €144,321, or 35.6%. This property is considered overpriced in the current market context.
Fair value modelled at €405,679 from 6 comparable sales in the area. Asking €550,000 sits €144,321 (35.6%) above — overpriced versus fair value.
Asking €550,000 versus the rua 1ª Linha de Mar, 2 area baseline of €362,840 (€2,880/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 €362,840, adjusted for condition and micro-location, gives a modelled fair value of €405,679 (€3,220/m²), a €144,321 (35.6%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 1ª Linha de Mar, 2 | Subject | €550,000 | €4,365 | — | 75 | 59 |
| Aver-o-Mar, Amorim e Terroso · 001845 | Active | €340,000 | €3,148 | 27.9% | 74 | 63 |
| Aver-o-Mar, Amorim e Terroso · ba5b93 | Active | €319,000 | €5,145 | 17.9% | 75 | 59 |
| rua dos Figueiredos | Active | €299,500 | €3,291 | 24.6% | 75 | 63 |
| Aver-o-Mar, Amorim e Terroso · 0017a5 | Active | €385,000 | €2,730 | 37.4% | 76 | 66 |
| Median comp | €329,500 | €3,220 | 26.2% | 75 | 63 |
Long-term rental The property is currently priced at €550,000, which is 35.6% above its fair value of €405,679, making it an unattractive option for a long-term rental investment. With a low gross yield of 1.9%, the returns do not justify the high entry price in a secondary town. Family rental Although this 2-bed apartment could serve as a family rental, its €550,000 price tag significantly exceeds the fair value of €405,679 by 35.6%, indicating a lack of investment appeal. The modest yield of 1.9% further discourages potential investors looking for viable family rental opportunities in the area.
Economic Vulnerability The economic stability score of 55/100 indicates that the local economy may face challenges, potentially impacting tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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