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 apartment of 126 m², built in 1988, energy rating D. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts three solar orientations, ensuring abundant natural light throughout the day, and a modern open-plan design with enclosed balconies for versatile living. Price: €450,000.
The valuation. The asking price of €450,000 is significantly above fair value, which is assessed at €353,511. This results in an overvaluation of €96,489 or 27.3%, indicating the property is overpriced. Buy-to-flip angle. A buy-to-flip strategy may face challenges due to the high asking price and market conditions; a resale strategy would need to identify immediate value-add opportunities to justify the premium. Buy-to-let angle. With an estimated gross yield of 2.7%, generating €1,013 per month, the rental income strategy should target stable long-term tenants amidst a mixed neighborhood rating of 63/100 to ensure profitability.
Fair value modelled at €353,511 from 6 comparable sales in the area. Asking €450,000 sits €96,489 (27.3%) above — overpriced versus fair value.
Asking €450,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €269,599 (€2,140/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €269,599, adjusted for condition and micro-location, gives a modelled fair value of €353,511 (€2,806/m²), a €96,489 (27.3%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · a806db | Subject | €450,000 | €3,571 | — | 80 | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 42021a | Active | €455,000 | €2,514 | 29.6% | 78 | 64 |
| rua Gomes de Amorim, 128 | Active | €447,500 | €2,712 | 24.1% | 80 | 62 |
| avenida Santos Graça | Active | €449,000 | €3,376 | 5.5% | 82 | 63 |
| avenida Vasco da Gama | Active | €360,000 | €3,789 | 6.1% | 78 | 61 |
| Median comp | €448,250 | €3,044 | 14.8% | 79 | 63 |
Long-term rental The property, valued at €353,511, is currently listed at €450,000, indicating it is overpriced by 27.3%. With a gross yield of only 2.7%, the investment may not yield satisfactory returns over time, especially given its mediocre neighborhood score of 63/100. Buy-and-hold Investing in this apartment could be a challenge, as it is currently priced significantly above fair value at €450,000. The neighborhood's average score and low yield suggest that substantial appreciation is unlikely in the short to medium term. Family rental While this property could serve as a family rental, its high price of €450,000 versus the fair value of €353,511 raises concerns about potential profitability. Moreover, the current yield of 2.7% in a neighborhood rated 63/100 may appeal to families, but does not compensate for the steep acquisition cost.
Economic vulnerability With an economic stability score of 60/100, this property may face challenges during economic downturns that could affect rental income and occupancy rates.
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