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 106 m², energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts a modernized living space combined with a central location on an iconic street, offering both aesthetic appeal and convenience to beach access.
The valuation. The asking price of €405,000 exceeds the fair value of €283,881 by €121,119, indicating that the property is overpriced by 42.7%. This discrepancy raises concerns about its potential for financial return.
Fair value modelled at €283,881 from 6 comparable sales in the area. Asking €405,000 sits €121,119 (42.7%) above — overpriced versus fair value.
Asking €405,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €235,862 (€2,225/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €235,862, adjusted for condition and micro-location, gives a modelled fair value of €283,881 (€2,678/m²), a €121,119 (42.7%) gap versus the €405,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 38b56d | Subject | €405,000 | €3,821 | — | 70 | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 25f6f0 | Active | €369,000 | €2,545 | 33.4% | 74 | 69 |
| Vila do Conde · da46e1 | Active | €354,000 | €2,682 | 29.8% | 65 | 62 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · bf2904 | Active | €345,000 | €2,674 | 30.0% | 75 | 64 |
| Vila do Conde · b3287a | Active | €259,000 | €2,467 | 35.4% | 75 | 66 |
| Median comp | €349,500 | €2,610 | 31.7% | 75 | 65 |
Long-term rental The property, listed at €405,000, is overpriced by 42.7% compared to its fair value of €283,881, leading to potential issues in achieving a sustainable long-term rental yield, currently at 3.2%. Additionally, the neighborhood scores a low 59/100, indicating limited demand from tenants, which can hinder rental income stability. Buy-and-hold This property shows a significant gap from fair value, making it a questionable investment for a buy-and-hold strategy, as its current price of €405,000 does not reflect the achievable returns given the gross yield of only 3.2%. Furthermore, with a neighborhood rating of 59/100 and a property condition score of 73/100, there are concerns about long-term value appreciation in this market.
Economic Dependence Risk The property has a moderate economic stability score of 60/100, indicating potential vulnerability to economic downturns which could affect rental income and tenant retention.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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