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, 5-bathroom house of 486 m², built in 1938. Located Rates parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The property boasts a luxurious swimming pool with changing rooms, complemented by an adjoining party room featuring a gym, perfect for entertainment and leisure activities.
The valuation. The asking price of €960,000 is significantly above the fair value of €635,417, making it overpriced by €324,583 (51.1%). This disparity indicates that the property does not represent a sound investment opportunity at the listed price.
Fair value modelled at €635,417 from 6 comparable sales in the area. Asking €960,000 sits €324,583 (51.1%) above — overpriced versus fair value.
Asking €960,000 versus the Rates, Póvoa de Varzim, Porto area baseline of €431,658 (€888/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €431,658, adjusted for condition and micro-location, gives a modelled fair value of €635,417 (€1,307/m²), a €324,583 (51.1%) gap versus the €960,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rates · 6229b0 | Subject | €960,000 | €1,975 | — | 75 | 67 |
| Aver-o-Mar, Amorim e Terroso · da4742 | Active | €545,000 | €1,373 | 30.5% | 74 | 64 |
| rua Alberto Pinheiro Torres, 375 | Active | €715,000 | €992 | 49.8% | 70 | 60 |
| rua da Cal S / N | Active | €650,000 | €1,267 | 35.9% | 70 | 61 |
| rua Almeida Garrett | Active | €660,000 | €1,282 | 35.1% | 78 | 72 |
| Median comp | €655,000 | €1,275 | 35.5% | 72 | 63 |
Long-term rental The Póvoa de Varzim property listed at €960,000 is significantly overpriced, as its fair value is determined to be €635,417, creating a gap of 51.1%. With a gross yield of 0%, this investment does not offer financial incentives for long-term rentals in a neighborhood rated 67/100. Family rental Given that the property is priced at €960,000 while the fair value is only €635,417, it highlights a 51.1% overpricing issue that makes it less attractive for family rental purposes. The neighborhood score of 67/100 may appeal to some families, but the inflated price compromises the overall investment potential. Buy-and-hold At an asking price of €960,000 compared to the fair value of €635,417, this property is overpriced by 51.1%, leading to scepticism about its long-term appreciation potential. The 80/100 condition rating is commendable; however, the absence of financial yield poses substantial risks for a buy-and-hold strategy.
Economic Dependence Risk: With an economic stability score of 65/100, the property may be vulnerable to economic fluctuations that could impact tenant retention and rental income.
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