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 93 m² on the 1st floor, built in 1986, energy rating D. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. This apartment offers a spacious entrance hall and a large living room filled with natural light, enhancing its welcoming atmosphere.
The valuation. The asking price of €275,000 is significantly above the fair value of €232,500, representing a premium of €42,500 (18.3%). This property is considered overpriced in the current market.
Fair value modelled at €232,500 from 5 comparable sales in the area. Asking €275,000 sits €42,500 (18.3%) above — overpriced versus fair value.
Asking €275,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €182,979 (€1,968/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €182,979, adjusted for condition and micro-location, gives a modelled fair value of €232,500 (€2,500/m²), a €42,500 (18.3%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 38b5ca | Subject | €275,000 | €2,957 | — | 72 | 65 |
| rua de Rebelo Junior | Active | €212,500 | €2,500 | 15.5% | 72 | 65 |
| rua de Alípio Oliveira, 39 | Active | €342,000 | €2,948 | 0.3% | 75 | 63 |
| avenida Doctor Antonio Bento Martins Júnior, 784 | Active | €330,000 | €3,300 | 11.6% | 74 | 66 |
| Vila do Conde · f365bb | Active | €280,000 | €2,258 | 23.6% | 70 | 58 |
| Median comp | €305,000 | €2,724 | 7.9% | 73 | 64 |
Long-term rental The property is priced at €275,000, which is 18.3% above its fair value of €232,500. With a gross yield of only 3.6%, the investment does not seem to justify the asking price and may not attract quality tenants in the current economic climate. Buy-and-hold At €275,000, this apartment is overpriced compared to its fair value, leaving little room for appreciation. Given the condition rating of 75/100, the investment may underperform over the long term as expenses could outweigh potential gains. Family rental With a fair value of €232,500, the asking price of €275,000 suggests the property is overpriced, which could deter families looking for affordable rental options. Additionally, the neighbourhood rating of 65/100 indicates potential difficulties in attracting long-term family tenants at this price point.
Potential Tenant Turnover The relatively low tenant stability score of 65/100 indicates a risk of frequent tenant turnover, which could lead to increased vacancy periods and lost rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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