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, 2-bathroom apartment of 138 m² on the 2nd floor. Located on praceta Rio do Esteiro, 26, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment offers immediate access to the beach and benefits from an abundance of natural light due to its elevated position and large windows facing the sea.
The valuation. The asking price of €550,000 exceeds the fair value of €425,134 by €124,866, marking the property as overpriced by 29.4%. This discrepancy raises concerns about potential long-term investment returns.
Fair value modelled at €425,134 from 6 comparable sales in the area. Asking €550,000 sits €124,866 (29.4%) above — overpriced versus fair value.
Asking €550,000 versus the praceta Rio do Esteiro, 26 area baseline of €399,667 (€2,896/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €399,667, adjusted for condition and micro-location, gives a modelled fair value of €425,134 (€3,081/m²), a €124,866 (29.4%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Rio do Esteiro, 26 | Subject | €550,000 | €3,986 | — | 72 | 66 |
| rua da Igreja | Active | €410,000 | €3,154 | 20.9% | 75 | 46 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 4680e1 | Active | €414,000 | €3,906 | 2.0% | 75 | 69 |
| avenida Mouzinho Albuquerque Centro | Active | €400,000 | €3,008 | 24.5% | — | 63 |
| rua Alberto Pinheiro Torres, 285 | Active | €340,000 | €2,698 | 32.3% | 70 | 61 |
| Median comp | €405,000 | €3,081 | 22.7% | 75 | 62 |
Long-term rental The property is overpriced at €550,000 while its fair value is estimated at €425,134, resulting in a significant 29.4% gap that does not support an optimal long-term rental investment. Additionally, with a yield of only 2.2% gross and an overall condition score of 71/100, the financial returns seem inadequate relative to its cost and risk potential. Family rental While the suburban location of the 3-bed apartment may appeal to families, the current asking price exceeds its fair market value by 29.4%. The neighborhood score of 66/100 suggests limited amenities and tenant quality may impact the desirability for families at this price point. Buy-and-hold The buy-and-hold strategy is challenged by the property’s high listing price of €550,000, which is significantly above its fair value of €425,134. Investors may find the 2.2% gross yield insufficient to justify holding such an overpriced asset in a suburban area.*
Economic Vulnerability The economic stability score of 60 indicates a moderate level of risk, suggesting potential fluctuations in property value due to economic changes.
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