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, 2-bathroom apartment of 103 m² on the 1st floor, built in 2018, energy rating A. Located on rua Almirante Reis, 104, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy features: The apartment includes a private terrace of 30m² and offers direct access to a common rooftop terrace with panoramic views of the surrounding area.
The valuation. The asking price of €320,000 sits €16,111 above the fair value of €303,889, representing a deviation of 5.3%. While the property is not overpriced, it is priced fairly relative to its assessed value.
Fair value modelled at €303,889 from 6 comparable sales in the area. Asking €320,000 sits €16,111 (5.3%) above — overpriced versus fair value.
Asking €320,000 versus the rua Almirante Reis, 104 area baseline of €229,059 (€2,224/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €229,059, adjusted for condition and micro-location, gives a modelled fair value of €303,889 (€2,950/m²), a €16,111 (5.3%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Almirante Reis, 104 | Subject | €320,000 | €3,107 | — | 80 | 59 |
| Vila do Conde · 1e6518 | Active | €385,000 | €3,889 | 25.2% | 82 | 61 |
| avenida General Humberto Delgado, 39 | Active | €660,000 | €3,646 | 17.4% | 80 | 73 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0325a0 | Active | €443,000 | €2,669 | 14.1% | 80 | 58 |
| rua Dom Manuel I | Active | €380,000 | €2,901 | 6.6% | 85 | 66 |
| Median comp | €414,000 | €3,274 | 5.4% | 81 | 64 |
Buy-and-hold This property presents a fair valuation at €320,000, with a fair value of €303,889 indicating a modest 5.3% gap. The 3.5% gross yield aligns with a stable investment profile, catering to long-term renting opportunities in Póvoa de Varzim's suburban landscape. Family rental The apartment's condition rating of 83/100 suggests it is well-maintained, making it suitable for families seeking quality living space. Its location provides proximity to commuting routes to nearby cities, making it appealing for families desiring suburban living with urban access. Value-add renovation While the property is currently well-rated, potential enhancements could improve its appeal, although it is priced fairly at €320,000. Strategic renovations could increase tenant interest and yield but must be executed with the understanding that the property is priced at fair value, limiting immediate upside potential.
Economic Instability Risk The economic stability score of 50/100 indicates a potential risk of economic downturns affecting property value and tenant demand.
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