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 108 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 features energy-efficient solar panels and includes a secure closed garage, enhancing convenience and sustainability for urban living in Póvoa de Varzim.
The valuation. The asking price of €339,900 is €45,355 (15.4%) above the fair value of €294,545, indicating that the property is fairly valued and does not present a compelling financial opportunity at this asking price. Buy-to-flip angle. With the current condition rated at 0/100, a buy-to-flip strategy could be challenging, as significant renovations would be required to increase resale value. Targeting a well-designed renovation might attract investors or buyers looking for upgraded living spaces. Buy-to-let angle. The estimated gross yield of 2.9% represents around €821 monthly in rental income, making the property viable for long-term family rentals. Proximity to Porto could bolster steady demand for residential leases in this suburban area.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 3a70d6 | Subject | €339,900 | €3,147 | — | — | 60 |
| praça de Touros | Active | €425,000 | €2,951 | 6.2% | 58 | 62 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e65ba | Active | €280,000 | €2,692 | 14.5% | 70 | 57 |
| rua Gomes de Amorim | Active | €250,000 | €2,604 | 17.3% | — | 62 |
| praça de Touros | Active | €425,000 | €3,542 | 12.5% | 61 | 55 |
| Median comp | €352,500 | €2,822 | 10.3% | 61 | 60 |
Long-term rental The property's yield of 2.9% gross suggests that it may not provide a competitive return for long-term investment, especially given its fair value that exceeds the listing price by 15.4%. Additionally, the neighborhood rating of 60/100 indicates a mixed quality of amenities and tenant profiles, which can impact rental demand. Family rental While the space can accommodate families, the overall neighborhood score and condition rating of 0/100 signal potential challenges in attracting steady family tenants. The current pricing being fair means that there are limited gains to be made in this segment without significant improvements to the property's condition or the neighborhood's desirability.
Economic Dependence Risk: With both economic stability and tenant stability scores at 65/100, there is a risk of economic downturn impacting tenant retention and rental income, potentially leading to increased vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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