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 house of 175 m², built in 2023, energy rating B. Located on rua da Assunção, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy features: The property includes a closed garage for three cars and boasts an excellent west-facing terrace, enhancing both convenience and outdoor enjoyment in a vibrant location.
The valuation. The asking price of €518,000 is significantly above fair value, exceeding it by €112,198 (27.6%). This property is thus considered overpriced in the current market conditions.
Fair value modelled at €405,802 from 6 comparable sales in the area. Asking €518,000 sits €112,198 (27.6%) above — overpriced versus fair value.
Asking €518,000 versus the rua da Assunção area baseline of €300,097 (€1,715/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €300,097, adjusted for condition and micro-location, gives a modelled fair value of €405,802 (€2,319/m²), a €112,198 (27.6%) gap versus the €518,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Assunção | Subject | €518,000 | €2,960 | — | 79 | 63 |
| Vila do Conde · 8750d1 | Active | €545,000 | €2,685 | 9.3% | 80 | 62 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · ab7148 | Active | €580,000 | €2,843 | 3.9% | 72 | 64 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 001818 | Active | €540,000 | €1,388 | 53.1% | 78 | 59 |
| rua da Gândara | Active | €448,000 | €1,931 | 34.8% | 85 | 58 |
| Median comp | €542,500 | €2,308 | 22.0% | 79 | 61 |
Long-term rental The property, priced at €518,000, is notably overpriced compared to its fair value of €405,802, representing a significant 27.6% gap. A gross yield of only 2.9% further indicates that it may not meet the financial demands of a long-term rental investment. Buy-and-hold With a fair value of €405,802 and a current listing price of €518,000, this property is overpriced by 27.6%, which jeopardizes the potential for appreciation in a buy-and-hold strategy. The 81/100 condition rating may attract buyers, but the overvaluation weakens long-term capital growth prospects. Family rental The family rental market is less likely to absorb the overpriced nature of this listing, as it stands 27.6% above its fair value of €405,802. Although the neighbourhood's safety levels are moderate, the 2.9% yield may deter families seeking affordable living options in the area.
Economic and Tenant Instability The property faces a risk due to moderate economic stability at 60/100 and tenant stability at 65/100, potentially impacting rental income reliability and property value.
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