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, 1-bathroom house of 178 m², built in 1937, energy rating D. Located on rua da Moagem, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The property’s expansive 552 m² lot includes mature fruit trees and an existing well, offering unique opportunities for outdoor development and self-sustainability.
The valuation. The asking price of €239,000 is significantly above the fair value of €195,345, reflecting an overvaluation of €43,655 (22.3%). This price point positions the property as overpriced. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the potential for renovation, targeting resale after significant updates. However, the current condition necessitates major improvements prior to seeking a higher sale price. Buy-to-let angle. The property presents an attractive buy-to-let option, estimated to generate a monthly rental income of €1,474. This corresponds to a gross yield of 7.4%, suggesting strong potential for consistent cash flow.
Fair value modelled at €195,345 from 6 comparable sales in the area. Asking €239,000 sits €43,655 (22.3%) above — overpriced versus fair value.
Asking €239,000 versus the rua da Moagem area baseline of €274,914 (€1,544/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 32/100 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 €274,914, adjusted for condition and micro-location, gives a modelled fair value of €195,345 (€1,097/m²), a €43,655 (22.3%) gap versus the €239,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Moagem | Subject | €239,000 | €1,343 | — | 27 | 63 |
| Aguçadoura e Navais · bf28e1 | Active | €185,000 | €617 | 54.1% | — | 57 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · a80888 | Active | €200,000 | €2,222 | 65.5% | 30 | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 38b71a | Active | €200,000 | €2,222 | 65.5% | 32 | 63 |
| rua do Pinguela | Active | €150,000 | €833 | 37.9% | — | 66 |
| Median comp | €192,500 | €1,528 | 13.8% | 31 | 61 |
Long-term rental The property is priced at €239,000, which reflects a 22.3% gap above its fair value of €195,345, indicating that it is overpriced for long-term rental investment. With a gross yield of 7.4%, investors should exercise caution as the market conditions may not justify this premium. Family rental Although the property is situated in a suburban area with reasonable access to amenities, its listing price of €239,000 is notably 22.3% above the fair value of €195,345, suggesting it is overpriced for family rental purposes. Potential renters may be deterred by the condition rating of 32/100, influencing demand and rental rates. Buy-and-hold With a fair value of €195,345 positioned 22.3% below the current asking price of €239,000, this property appears overpriced for a buy-and-hold strategy. The combination of a decent neighborhood score at 63/100 and the property’s low condition score may limit long-term appreciation potential.
Economic Overreliance Risk: With an economic stability score of 70/100 and tenant stability at 65/100, there is a notable risk of potential financial instability due to reliance on a fluctuating economy and uncertain 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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