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 114 m² on the 4th floor, built in 1991, energy rating D. Located on rua Flávio Gonçalves, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes a pantry for additional storage, enhancing the functionality of the living space and catering to practical daily needs.
The valuation. The property is listed at €268,000, which is €24,892 (10.2%) above the fair value of €243,108, making it priced fairly according to market standards.
Fair value modelled at €243,108 from 5 comparable sales in the area. Asking €268,000 sits €24,892 (10.2%) above — overpriced versus fair value.
Asking €268,000 versus the rua Flávio Gonçalves area baseline of €189,310 (€1,661/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €189,310, adjusted for condition and micro-location, gives a modelled fair value of €243,108 (€2,133/m²), a €24,892 (10.2%) gap versus the €268,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Flávio Gonçalves | Subject | €268,000 | €2,351 | — | 75 | 65 |
| Vila do Conde · 190884 | Active | €320,000 | €2,254 | 4.1% | 70 | 58 |
| Vila do Conde · 3df46a | Active | €354,000 | €2,133 | 9.3% | 70 | 56 |
| avenida Vasco da Gama | Active | €277,000 | €2,947 | 25.3% | 75 | 63 |
| Aver-o-Mar, Amorim e Terroso · 4a4320 | Active | €267,000 | €1,841 | 21.7% | 70 | 70 |
| Median comp | €298,500 | €2,194 | 6.7% | 70 | 61 |
Long-term rental This 2-bed apartment in Póvoa de Varzim presents a gross yield of 3.8%, which is adequate for long-term investment strategies given the fair value assessment. The property’s fair pricing and decent condition indicate stability in rental income potential, appealing to those seeking a reliable investment without overextending financially. Family rental The neighborhood's amenities and relatively positive tenant quality can attract families looking for a comfortable living environment, making this apartment suitable for family rental options. With a fair valuation of €268,000, the property offers stability while generating a consistent return without being positioned as a discount to value.
Economic Vulnerability With an economic stability score of 70/100, there is a significant risk of downturns affecting tenant retention, especially considering the lower tenant stability score of 60/100, indicating potential vacancies or turnover.
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