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, 3-bathroom apartment of 154 m², built in 2011, energy rating C. Located on rua Almirante Reis, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Unique Feature: This apartment includes a whirlpool hot tub and an integrated sound system, enhancing both relaxation and entertainment options at home.
The valuation. The asking price of €415,000 is slightly above the fair value of €409,246, with a discrepancy of €5,754 (1.4%). While the price is reasonable, it reflects a property priced at market value rather than at a significant discount.
Fair value modelled at €409,246 from 6 comparable sales in the area. Asking €415,000 sits €5,754 (1.4%) above — overpriced versus fair value.
Asking €415,000 versus the rua Almirante Reis area baseline of €317,799 (€2,064/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €317,799, adjusted for condition and micro-location, gives a modelled fair value of €409,246 (€2,657/m²), a €5,754 (1.4%) gap versus the €415,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Almirante Reis | Subject | €415,000 | €2,695 | — | 75 | 57 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 19f819 | Active | €352,000 | €2,729 | 1.3% | 73 | 56 |
| rua Cidade de Barcelos, 236 | Active | €599,000 | €1,932 | 28.3% | 75 | 60 |
| rua Flávio Gonçalves, 259 | Active | €285,000 | €1,863 | 30.9% | 68 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · a8ecfe | Active | €575,000 | €2,819 | 4.6% | 78 | 53 |
| Median comp | €463,500 | €2,331 | 13.5% | 74 | 58 |
Long-term rental The property offers a gross yield of 3.2%, suitable for stable rental returns in a suburban environment with modest local employment. Given its fair valuation, the investment aligns with long-term rental goals but does not present significant upside potential. Family rental With a spacious 154m² layout, the apartment is well-suited for family living, though the neighbourhood's amenities and tenant quality score at 57/100 suggests some limitations. As the property is fairly priced, it provides a reasonable foundation for attracting long-term family tenants without expectations of price appreciation. Buy-and-hold Investing in this property for a buy-and-hold strategy is feasible with the property valued at €415,000, only slightly above its fair value of €409,246. However, the growth potential is minimized in a market characterized by modest economic opportunities and average amenities. Not ideal for luxury market This apartment's features and location do not align with the luxury market, as indicated by its average neighbourhood rating. The property, while fairly priced, lacks the attributes typically sought after in upscale residences. Not ideal for short-term vacation rental The suburban location may not draw demand for short-term vacation rentals, which typically thrive in more dynamic tourist areas. In this case, the fair pricing reflects the property’s unsuitability for this strategy. Not ideal for student housing Given the modest local employment and lower tenant quality, the property is less attractive for student housing markets. Although fairly valued, it is unlikely to deliver the yield potential that might be expected from this demographic.
Economic Vulnerability A property with an economic stability score of 55/100 indicates a heightened risk of economic downturns affecting income and valuations significantly.
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