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 100 m² on the 3rd floor, energy rating E. Located on rua António Gonçalves Silva, 516, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This property includes a secure garage parking space and is situated in a quiet residential neighborhood, just a short walk from the beach and city amenities.
The valuation. The asking price of €198,000 is underpriced compared to the fair value of €224,747, creating an attractive proposition with a potential upside of €26,747 (11.9%).
Fair value modelled at €224,747 from 6 comparable sales in the area. Asking €198,000 sits €26,747 (11.9%) below — the upside to fair value.
Asking €198,000 versus the rua António Gonçalves Silva, 516 area baseline of €180,806 (€1,808/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €180,806, adjusted for condition and micro-location, gives a modelled fair value of €224,747 (€2,247/m²), a €26,747 (11.9%) gap versus the €198,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Gonçalves Silva, 516 | Subject | €198,000 | €1,980 | — | 75 | 58 |
| praçeta Manuel Moreira da Silva, 3 | Active | €319,000 | €2,398 | 21.1% | 75 | 67 |
| Aver-o-Mar, Amorim e Terroso · cfde79 | Active | €399,000 | €2,192 | 10.7% | 75 | 62 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6a9459 | Active | €380,000 | €1,939 | 2.1% | 80 | 72 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6eb94a | Active | €269,000 | €2,423 | 22.4% | 73 | 64 |
| Median comp | €349,500 | €2,295 | 15.9% | 75 | 66 |
Buy-and-hold The 3-bed apartment in Aver-o-Mar is subvalued at €198,000 compared to its fair value of €224,747, presenting a favorable opportunity for long-term appreciation. With a gross yield of 5.5%, this property can provide steady returns as the suburban area continues to benefit from its proximity to Porto. Family rental Given its spacious layout and good condition rating of 79/100, this apartment is ideal for family rentals, addressing the demand for suitable family housing in the area. The 5.5% yield highlights the potential for consistent rental income, making it an attractive option for landlords in a growing suburban market. Long-term rental With a fair value gap of 11.9% indicating a subvalued asset, this property presents an excellent opportunity for long-term rental strategies. The combination of a reliable gross yield of 5.5% and the apartment's solid condition makes it a strong candidate for steady cash flow in a developing neighborhood.
Economic Volatility Risk The economic stability score of 60 indicates potential volatility in income, which could affect tenant retention and overall cash flow for the property.
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
