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, 3-bathroom apartment of 153 m², energy rating B. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment includes a functional balcony perfect for outdoor relaxation and a closed garage specifically designed to accommodate two vehicles comfortably.
The valuation. The asking price of €480,000 is significantly above fair value at €410,159, creating a disparity of €69,841 (17.0%). This indicates that the property is overpriced and may deter potential buyers.
Fair value modelled at €410,159 from 6 comparable sales in the area. Asking €480,000 sits €69,841 (17.0%) above — overpriced versus fair value.
Asking €480,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €326,885 (€2,137/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €326,885, adjusted for condition and micro-location, gives a modelled fair value of €410,159 (€2,681/m²), a €69,841 (17.0%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · a79e20 | Subject | €480,000 | €3,137 | — | 74 | 57 |
| Vila do Conde · 389f56 | Active | €425,000 | €2,623 | 16.4% | 74 | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6c7c0d | Active | €280,000 | €2,456 | 21.7% | 77 | 59 |
| Aver-o-Mar, Amorim e Terroso · 8933b7 | Active | €275,000 | €3,056 | 2.6% | 75 | 60 |
| rua das Urzes, 15 | Active | €299,900 | €2,458 | 21.6% | 70 | 59 |
| Median comp | €289,950 | €2,541 | 19.0% | 75 | 59 |
Long-term rental The property's current price of €480,000 suggests a yield of only 2.9%, which is below the average for the area and does not justify the investment. With a fair value of €410,159, this apartment is significantly overpriced, making long-term rental a challenging strategy. Family rental While the apartment's central location may appeal to families, the substantial gap from fair value at 17.0% indicates that the asking price is too high for a competitive family rental market. The neighbourhood's quality rating of 57/100 further emphasizes that this property may not attract families willing to pay a premium for their living space.
Economic Risk With an economic stability score of 50/100, there is a significant risk of market volatility impacting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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