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.
4-bedroom, 3-bathroom house of 409 m², built in 1995. Located on rua Doutor Abel Varzim, 117, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The property includes a spacious basement perfect for conversion into a guest suite or home office, and a well-manicured garden featuring various fruit trees ideal for outdoor gatherings.
The valuation. The asking price of €605,000 is significantly above the fair value of €540,419, representing an overprice of €64,581, or 12.0%. This valuation suggests a challenging entry point for potential investors.
Fair value modelled at €540,419 from 6 comparable sales in the area. Asking €605,000 sits €64,581 (12.0%) above — overpriced versus fair value.
Asking €605,000 versus the rua Doutor Abel Varzim, 117 area baseline of €393,562 (€962/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €393,562, adjusted for condition and micro-location, gives a modelled fair value of €540,419 (€1,321/m²), a €64,581 (12.0%) gap versus the €605,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Abel Varzim, 117 | Subject | €605,000 | €1,479 | — | 71 | 59 |
| Aver-o-Mar, Amorim e Terroso · da4742 | Active | €545,000 | €1,373 | 7.2% | 74 | 64 |
| rua Gomes de Amorim | Active | €550,000 | €1,858 | 25.6% | 70 | 68 |
| rua Alberto Pinheiro Torres, 375 | Active | €715,000 | €992 | 33.0% | 70 | 60 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 467f46 | Active | €665,000 | €1,127 | 23.8% | 63 | 55 |
| Median comp | €607,500 | €1,250 | 15.5% | 70 | 62 |
Long-term rental This property is overpriced at €605,000, with a fair value of €540,419 representing a 12.0% gap. With a gross yield of only 3.6%, the potential return does not justify the elevated asking price in a suburban area with average amenities. Buy-and-hold The investment thesis for a buy-and-hold strategy is weakened by the property's high asking price of €605,000 compared to its fair value of €540,419, suggesting it is overpriced by 12.0%. Given the property’s condition and a neighbourhood rating of 59/100, the prospects for value appreciation are limited in this market.
Economic Vulnerability The economic stability score is at 60/100, indicating potential fluctuations in economic conditions that may negatively impact rental income and property value. Tenant Risk The tenant stability score of 55/100 signifies a higher risk of tenant turnover and vacancy issues, potentially leading to inconsistent cash flow.
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
