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 131 m² on the 3rd floor, built in 1985, energy rating C. Located on rua António Pereira Marques, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes two private balconies with unobstructed ocean views, enhancing its tranquil living experience. Additional Note: The closed garage accommodates two vehicles, adding convenience and practicality.
The valuation. The asking price of €400,000 sits significantly below the fair value of €587,317, indicating the property is underpriced by €187,317 (31.9%). This presents an attractive opportunity for potential investors. Buy-to-flip angle. The property’s strategic location and high-quality finishes make it appealing for a buy-to-flip strategy, potentially allowing for significant resale profit after renovations. Quick cosmetic updates could elevate market desirability. Buy-to-let angle. With an estimated gross yield of 2.9% (~€967/month), the property presents a viable buy-to-let opportunity, offering stable rental income in a transitional area with tenant demand. Long-term rental strategies could maximize cash flow.
Fair value modelled at €587,317 from 5 comparable sales in the area. Asking €400,000 sits €187,317 (31.9%) below — the upside to fair value.
Asking €400,000 versus the rua António Pereira Marques area baseline of €528,476 (€4,034/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 €528,476, adjusted for condition and micro-location, gives a modelled fair value of €587,317 (€4,483/m²), a €187,317 (31.9%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Pereira Marques | Subject | €400,000 | €3,053 | — | 75 | 59 |
| rua 25 de Abril, 224 | Active | €335,000 | €2,617 | 14.3% | 75 | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · b7c31a | Active | €340,000 | €13,600 | 345.4% | 73 | 59 |
| rua de Alice Cruz S / N | Active | €335,000 | €2,617 | 14.3% | 74 | 64 |
| Aver-o-Mar, Amorim e Terroso · 1f3704 | Active | €635,000 | €7,471 | 144.7% | 85 | 56 |
| Median comp | €337,500 | €5,044 | 65.2% | 75 | 59 |
Long-term rental The property is positioned as a long-term rental opportunity in a transitional area, benefiting from a 31.9% gap between its listing price and fair value of €587,317. Although the yield of 2.9% gross reflects moderate rental returns, the tenant stability suggests a steady income potential over time. Buy-and-hold Investing in this property as a buy-and-hold strategy aligns with the fair value assessment, offering the potential for capital appreciation as the neighborhood continues to develop. The condition rating of 79/100 indicates that minimal immediate investment is required, making it a suitable addition for a diversified portfolio focused on long-term growth.
Tenant turnover risk The economic stability score of 60/100 combined with a tenant stability score of 60/100 suggests potential challenges in maintaining long-term tenants, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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