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.
4-bedroom, 2-bathroom house of 99 m², built in 1985, energy rating F. Located on rua Patrão Sérgio, 22, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The property includes an annex with a kitchen and barbecue, plus a spacious terrace ideal for entertaining, enhancing outdoor living space.
The valuation. The asking price of €185,000 sits below the fair value of €203,843 by €18,843 (9.2%), indicating it is fairly priced and presents a balanced consideration for potential investors. Buy-to-flip angle. A flip strategy may be considered due to the property's condition; a value-add renovation could increase appeal. The aim would be to sell at a higher price once improvements are made. Buy-to-let angle. With a gross yield currently at 0%, the property would require significant upgrades to attract long-term tenants. However, once renovated, the suburban location could appeal to families seeking rental options.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Patrão Sérgio, 22 | Subject | €185,000 | €1,869 | — | — | 50 |
| Vila do Conde · 4201b8 | Active | €399,000 | €1,956 | 4.7% | 70 | 55 |
| rua da Igreja, 28A | Active | €399,000 | €1,483 | 20.6% | 60 | 66 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6530a9 | Active | €800,000 | €2,162 | 15.7% | 70 | 64 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 874fb2 | Active | €439,000 | €2,335 | 25.0% | 70 | 58 |
| Median comp | €419,000 | €2,059 | 10.2% | 70 | 61 |
Long-term rental The property is adequately priced at €185,000, which is marginally below the fair value of €203,843, representing a 9.2% gap. However, with a gross yield of 0%, potential returns through long-term rental are limited in this suburban area with average local facilities. Family rental While the property aligns closely with the fair value, potential family renters may find the 0% gross yield unappealing, thus limiting rental demand. Additionally, the neighborhood rating of 50/100 suggests that while it may attract some families, it lacks ideal amenities. Value-add renovation Given the current condition score of 0/100, there is a clear opportunity for value-add renovations which could enhance property appeal and potentially unlock higher rental yields. However, given that the property is currently at fair value, any significant investment in renovations must be meticulously planned to ensure it remains a sound financial decision. Not ideal for: The property is not suitable for short-term vacation rentals or luxury market placements due to its state and neighborhood attributes. Both segments would likely expect higher quality and a more vibrant area, which this house does not provide.
Economic and Tenant Instability The combination of a low Economic stability score of 55/100 and a Tenant stability score of 50/100 indicates a significant risk of fluctuating rental income and potential vacancies.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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