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, 0-bathroom apartment of 118 m², energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes a spacious balcony perfect for outdoor relaxation and entertaining, while being conveniently located just a short walk from the beach and local amenities.
The valuation. The asking price of €485,000 is significantly above the fair value of €357,459, resulting in an overvaluation of €127,541 (35.7%). This premium suggests that the property may not be a sound investment based on current valuations.
Fair value modelled at €357,459 from 6 comparable sales in the area. Asking €485,000 sits €127,541 (35.7%) above — overpriced versus fair value.
Asking €485,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €282,700 (€2,396/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 €282,700, adjusted for condition and micro-location, gives a modelled fair value of €357,459 (€3,029/m²), a €127,541 (35.7%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 190980 | Subject | €485,000 | €4,110 | — | 78 | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 28bc82 | Active | €330,000 | €3,300 | 19.7% | 80 | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 49b97c | Active | €294,000 | €2,178 | 47.0% | 75 | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 49b8f9 | Active | €269,000 | €4,483 | 9.1% | 73 | 56 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6c7c10 | Active | €358,000 | €3,442 | 16.2% | 72 | 61 |
| Median comp | €312,000 | €3,371 | 18.0% | 74 | 60 |
Long-term rental This property is overpriced by 35.7%, presenting a significant gap between the listing price and fair value, which creates concerns about rental yield sustainability. With a gross yield of only 2.9% and a neighbourhood score of 59/100, potential returns may not justify the investment risk in a semi-urban area with moderate economic activity. Family rental Given the high asking price of €485,000 and a fair market valuation of €357,459, this property does not represent a prudent investment for family rentals. The combination of a low gross yield of 2.9% and a below-average neighbourhood rating suggests that demand may be insufficient to justify such a premium. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its 35.7% overvaluation compared to fair value. The low gross yield of 2.9% in a semi-urban setting, combined with the moderate economic environment, makes long-term appreciation prospects less compelling.
Tenant turnover risk The combination of a Tenant Stability score of 60/100 may indicate a higher likelihood of tenant turnover, potentially affecting cash flow.
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
