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 399 m², built in 2010, energy rating C. Located on rua Monsenhor Pires Quesado, 38, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This villa includes a lavish garden with a swimming pool, creating an ideal oasis for relaxation and outdoor entertainment in a central residential location.
The valuation. The asking price of €850,000 sits significantly above the fair value of €539,873, representing an overpricing of €310,127 (57.4%). This property is not a sound investment at its current price point.
Fair value modelled at €539,873 from 6 comparable sales in the area. Asking €850,000 sits €310,127 (57.4%) above — overpriced versus fair value.
Asking €850,000 versus the rua Monsenhor Pires Quesado, 38 area baseline of €223,245 (€560/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 87/100 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 €223,245, adjusted for condition and micro-location, gives a modelled fair value of €539,873 (€1,353/m²), a €310,127 (57.4%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Monsenhor Pires Quesado, 38 | Subject | €850,000 | €2,130 | — | 85 | 57 |
| Aver-o-Mar, Amorim e Terroso · da4742 | Active | €545,000 | €1,373 | 35.6% | 74 | 64 |
| rua Alberto Pinheiro Torres, 375 | Active | €715,000 | €992 | 53.4% | 70 | 60 |
| rua Maria da Paz Varzim, 95 | Active | €560,000 | €1,333 | 37.4% | 72 | 61 |
| rua Doutor Abel Varzim, 117 | Active | €605,000 | €1,479 | 30.6% | 71 | 59 |
| Median comp | €582,500 | €1,353 | 36.5% | 72 | 61 |
Buy-and-hold The current listing price of €850,000 represents a significant markup of 57.4% over the fair value of €539,873, suggesting that this investment is not supported by the local market dynamics. With a gross yield of just 2.7%, the property fails to offer an attractive return over time, making it a poor buy-and-hold opportunity. Family rental Priced at €850,000, the property is considered OVERPRICED, with a fair value gap highlighting limited investment appeal for long-term family rentals. The neighbourhood rating of 57/100 indicates that while the area has basic amenities, it may not attract a higher caliber of tenants, further limiting rental profitability. Value-add renovation With a market value gap of 57.4%, the property at €850,000 does not present an advantageous position for value-add renovations. Although it holds a condition rating of 87/100, suggesting minor improvements could uplift its value, the steep asking price undermines the potential return on any renovation investment. Not ideal for short-term vacation rental or luxury market This property, being overpriced at €850,000, does not align with the dynamics of a successful short-term vacation rental or luxury market segment. The suburban setting and limited neighbourhood rating indicate that it would struggle to cater to higher-paying clients or tourists seeking premium accommodations.
Potential Economic Downturn: With an economic stability score of 55/100, there is an increased risk of economic downturns that could negatively affect property values and rent payments.
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
