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 95 m² on the 2nd floor, built in 1990, energy rating D. Located on rua Gomes de Amorim, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment offers both a terrace and balcony for enjoying the sea breeze and natural light, enhancing its appeal as a beachside investment opportunity.
The valuation. The asking price of €220,000 is above the fair value of €198,709 by €21,291 (10.7%), indicating the property is overpriced. This discrepancy suggests a lack of market alignment for potential investors.
Fair value modelled at €198,709 from 6 comparable sales in the area. Asking €220,000 sits €21,291 (10.7%) above — overpriced versus fair value.
Asking €220,000 versus the rua Gomes de Amorim area baseline of €197,002 (€2,074/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €197,002, adjusted for condition and micro-location, gives a modelled fair value of €198,709 (€2,092/m²), a €21,291 (10.7%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gomes de Amorim | Subject | €220,000 | €2,316 | — | 60 | 70 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · f14be5 | Active | €550,000 | €1,930 | 16.7% | — | 60 |
| Vila do Conde · 15e22e | Active | €320,000 | €2,254 | 2.7% | 70 | 64 |
| Aver-o-Mar, Amorim e Terroso · 4a4320 | Active | €267,000 | €1,841 | 20.5% | 70 | 70 |
| Vila do Conde · 023a36 | Active | €350,000 | €2,318 | 0.1% | 60 | 63 |
| Median comp | €335,000 | €2,092 | 9.7% | 70 | 64 |
Family rental The property at €220,000 presents a fair value gap of 10.7%, indicating it is overpriced for a family rental strategy. Given its average condition score of 57/100 and strong tenant quality typical of suburban areas, potential tenants may be deterred by the high asking price. Long-term rental With a gross yield of 5.2%, the apartment is less attractive for long-term rental investments, especially considering its €220,000 listing price against a fair value of €198,709. The pricing indicates the potential for lower cash flow and may limit profitability over the long term. Buy-and-hold Investing in this property as a buy-and-hold strategy may not yield optimal returns, given that it is listed at €220,000 compared to its fair value of €198,709. While the proximity to Braga could provide some appreciation potential, the overall condition and local amenities suggest that the property is overpriced for investment purposes.
Economic-tenant mismatch risk The scores of 70/100 in both economic and tenant stability suggest a potential risk of fluctuations in rental income and elevated vacancy rates due to inconsistent tenant demand and economic performance.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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