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 105 m² on the 1st floor, energy rating F. Located on rua Padre Martins Gesteira, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Location proximity: Just a short stroll from the beach, the apartment is located near a vibrant mix of local shops, dining options, and essential services.
The valuation. The asking price of €365,000 is significantly above the fair value of €307,172, indicating that the property is overpriced by €57,828 (18.8%). This discrepancy calls for caution in any investment approach.
Fair value modelled at €307,172 from 6 comparable sales in the area. Asking €365,000 sits €57,828 (18.8%) above — overpriced versus fair value.
Asking €365,000 versus the rua Padre Martins Gesteira area baseline of €248,386 (€2,366/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €248,386, adjusted for condition and micro-location, gives a modelled fair value of €307,172 (€2,925/m²), a €57,828 (18.8%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Martins Gesteira | Subject | €365,000 | €3,476 | — | 73 | 60 |
| largo dos Cavaleiros | Active | €287,000 | €2,586 | 25.6% | 68 | 59 |
| rua Dom Manuel | Active | €389,000 | €2,494 | 28.3% | 80 | 54 |
| rua Alberto Pinheiro Torres, 269 | Active | €285,000 | €2,500 | 28.1% | 70 | 57 |
| Vila do Conde · 8ee562 | Active | €237,500 | €4,750 | 36.6% | 70 | 75 |
| Median comp | €286,000 | €2,543 | 26.8% | 70 | 58 |
Long-term rental This property, with a listing price of €365,000, exceeds the fair value of €307,172 by 18.8%, indicating that it is overpriced. The gross yield of 2.8% suggests limited income potential, which may deter long-term rental prospects. Buy-and-hold Acquiring this property at €365,000 may not yield a favorable return due to its overpriced status compared to the fair value of €307,172. Holding onto an asset that generates a 2.8% yield can be financially burdensome, particularly in a suburban market with only moderate tenant quality. Family rental The current listing price of €365,000, which is 18.8% above fair value, indicates that this property is overpriced for family rental opportunities. Given the neighbourhood's family-oriented nature, the yield of 2.8% may be insufficient to attract and retain tenants in a competitive market. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Economic and Tenant Instability Risk There is a potential risk of financial volatility in the area indicated by the economic stability score of 60/100 and the tenant stability score also at 60/100, which may lead to fluctuations in rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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