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 146 m² on the 2nd floor, built in 1995, energy rating C. Located on rua Maria da Paz Varzim, 83, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes two closed garages, enhancing secure parking options and additional storage space in a sought-after residential area of Póvoa de Varzim.
The valuation. The asking price of €269,000 is significantly below the fair value of €323,090, representing an attractive opportunity with a differential of €54,090 (16.7%). This apartment is underpriced based on current market assessments.
Fair value modelled at €323,090 from 6 comparable sales in the area. Asking €269,000 sits €54,090 (16.7%) below — the upside to fair value.
Asking €269,000 versus the rua Maria da Paz Varzim, 83 area baseline of €270,091 (€1,850/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is below the parish average, reducing 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 €270,091, adjusted for condition and micro-location, gives a modelled fair value of €323,090 (€2,213/m²), a €54,090 (16.7%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Maria da Paz Varzim, 83 | Subject | €269,000 | €1,842 | — | 68 | 60 |
| Aver-o-Mar, Amorim e Terroso · 4a4320 | Active | €267,000 | €1,841 | 0.1% | 70 | 70 |
| rua Flávio Gonçalves | Active | €268,000 | €2,351 | 27.6% | 75 | 65 |
| rua Flávio Gonçalves, 229 | Active | €268,000 | €2,351 | 27.6% | 72 | 62 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 43927f | Active | €310,000 | €2,168 | 17.7% | 75 | 60 |
| Median comp | €268,000 | €2,260 | 22.6% | 74 | 64 |
Long-term rental This 2-bed apartment, priced at €269,000, represents an attractive opportunity for long-term rental given its fair value of €323,090, resulting in a 16.7% gap. With a gross yield of 4.2% and its location enhancing access to employment in Braga, it supports stable tenant demand. Family rental The property’s size and neighborhood characteristics make it well-suited for family rentals, providing ample space and a reasonable commute to nearby urban centers. The current listing price of €269,000 is favorable compared to its fair valuation of €323,090, allowing for financial stability in rental income. Buy-and-hold Given the apartment's fair value of €323,090 and relatively low purchase price of €269,000, it presents a solid buy-and-hold investment opportunity. The combination of a 4.2% gross yield and the potential for future appreciation in a rural-suburban mix neighborhood supports a long-term investment strategy.
Economic and Tenant Instability The property faces significant risks due to an Economic Stability score of 65 and a Tenant Stability score of 55, indicating potential fluctuations in income and higher tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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