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 house of 90 m². Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This property includes 118 m² of unregistered outbuildings, providing potential for expanded living space or various development opportunities on the 801 m² plot.
The valuation. The asking price of €200,000 is significantly above the fair value of €140,525, creating a discrepancy of €59,475 (42.3%). The property is considered overpriced and lacks sufficient value to justify this premium.
Fair value modelled at €140,525 from 6 comparable sales in the area. Asking €200,000 sits €59,475 (42.3%) above — overpriced versus fair value.
Asking €200,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €170,159 (€1,891/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 37/100 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 €170,159, adjusted for condition and micro-location, gives a modelled fair value of €140,525 (€1,561/m²), a €59,475 (42.3%) gap versus the €200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 38b71a | Subject | €200,000 | €2,222 | — | 32 | 63 |
| Vila do Conde · 1e6417 | Active | €320,000 | €1,461 | 34.2% | — | 56 |
| Aver-o-Mar, Amorim e Terroso · 937583 | Active | €330,000 | €1,667 | 25.0% | 55 | 68 |
| rua António Gonçalves Ferreira | Active | €218,000 | €1,615 | 27.3% | — | 73 |
| rua de Aurélio Vieira, 222 | Active | €220,000 | €1,560 | 29.8% | 40 | 74 |
| Median comp | €270,000 | €1,588 | 28.6% | 48 | 71 |
Long-term rental The 2-bed house in Póvoa de Varzim is overpriced at €200,000, compared to a fair value of €140,525, indicating a significant gap of 42.3%. With a gross yield of just 4.9%, the investment lacks the financial appeal typically sought by long-term rental investors. Buy-and-hold Given the substantial overpricing of the property at €200,000 against the fair value of €140,525, the 42.3% gap suggests that potential appreciation may not offset the initial investment. The house’s condition rating of 37/100 further indicates a likely need for renovations, which could reduce the attractiveness of a buy-and-hold strategy. Family rental Although the location near Porto offers some economic opportunities, the 42.3% premium over the fair value of €140,525 creates a financial risk for family rental prospects. The neighbourhood's score of 63/100 may appeal to families, but the property’s condition and price could deter potential tenants seeking quality housing.
Tenant turnover risk The tenant stability score of 55/100 suggests a higher likelihood of tenant turnover, which could lead to increased vacancy rates and rental income fluctuations.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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