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, 1-bathroom apartment of 94 m² on the 12th floor, built in 1985, energy rating D. Located on avenida Vasco da Gama, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts high-quality kitchen finishes and a bright, efficient layout, complemented by two elevators in the building for added convenience.
The valuation. The asking price of €277,000 is slightly above the fair value of €268,506, representing a premium of €8,494 (3.2%). This indicates that while the price is reasonable, it may not offer significant room for negotiation.
Fair value modelled at €268,506 from 6 comparable sales in the area. Asking €277,000 sits €8,494 (3.2%) above — overpriced versus fair value.
Asking €277,000 versus the avenida Vasco da Gama area baseline of €227,933 (€2,425/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €227,933, adjusted for condition and micro-location, gives a modelled fair value of €268,506 (€2,856/m²), a €8,494 (3.2%) gap versus the €277,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Vasco da Gama | Subject | €277,000 | €2,947 | — | 75 | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6eb94a | Active | €269,000 | €2,423 | 17.8% | 73 | 64 |
| rua Cidade de Vila Nova de Famalicão, 291 | Active | €295,000 | €2,269 | 23.0% | 75 | 65 |
| Vila do Conde · f365bb | Active | €280,000 | €2,258 | 23.4% | 70 | 58 |
| praça do Almada | Active | €250,000 | €3,289 | 11.6% | 70 | 64 |
| Median comp | €274,500 | €2,346 | 20.4% | 72 | 64 |
Long-term rental This property, with a fair value of €268,506 and a listing price of €277,000, offers a gap of just 3.2%, indicating it is priced fairly in the market. The gross yield of 3.9% aligns with the stable demand from local residents, making it a reasonable option for long-term rental despite the higher condition and neighborhood scores. Family rental With a fair value reflecting the local housing market conditions, this property appeals to families looking for residences in a coastal town with lower crime rates. The decent score of 63/100 for neighborhood quality supports its suitability as a family rental, although pricing dynamics suggest it's fairly priced rather than a bargain.
Economic Vulnerability The economic stability score of 55 out of 100 indicates potential instability in the local market, which may lead to fluctuations in property values and tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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