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, 1-bathroom apartment of 95 m² on the 2nd floor, built in 1990, energy rating D. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Feature: This property features a unique original façade design, reflecting the historical architecture of Póvoa de Varzim, situated on a prime avenue with high investment potential.
The valuation. The asking price of €220,000 is marginally above the fair value of €218,820, sitting at a 0.5% premium. This valuation indicates that the property is fairly priced for the market.
Fair value modelled at €218,820 from 6 comparable sales in the area. Asking €220,000 sits €1,180 (0.5%) above — overpriced versus fair value.
Asking €220,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €210,364 (€2,214/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €210,364, adjusted for condition and micro-location, gives a modelled fair value of €218,820 (€2,303/m²), a €1,180 (0.5%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 8340ad | Subject | €220,000 | €2,316 | — | 56 | 63 |
| rua Gomes de Amorim | Active | €220,000 | €2,316 | 0% | 60 | 70 |
| rua Flávio Gonçalves | Active | €185,000 | €2,284 | 1.4% | 60 | 58 |
| rua Flávio Gonçalves | Active | €268,000 | €2,351 | 1.5% | 75 | 65 |
| via B | Active | €169,000 | €2,315 | 0% | 55 | 60 |
| Median comp | €202,500 | €2,316 | 0% | 60 | 63 |
Long-term rental The property offers a gross yield of 4.8%, which aligns well with the fair value of €218,820. Given the moderate neighbourhood score of 63/100, it may attract steady long-term tenants, providing stable cash flow. Family rental With its size and location in a coastal city near Porto, this 2-bed apartment is suitable for families looking for a home away from the city's hustle. The fair value assessment indicates that the property is appropriately priced for families seeking a residence in a well-connected area. Buy-and-hold Holding this apartment could provide a reasonable return, given the fair value of €218,820 and the potential for long-term appreciation in a stable market. While not a high-growth area, the proximity to Porto enhances its appeal for tenants, making it a sensible buy-and-hold investment in the current environment.
Economic Vulnerability The property has a moderate economic stability score of 60/100, indicating potential fluctuations in income growth that may impact tenant retention and investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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