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 122 m² on the 3rd floor, built in 2002, energy rating G. Located on rua Horácio Marçal, 6, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment includes a sunroom for laundry purposes, enhancing organization and functionality, along with two balconies that provide excellent natural light and outdoor space.
The valuation. The asking price of €280,000 is slightly above the fair value of €274,930, with a difference of €5,070, which represents 1.8%. Overall, this property can be considered valued fairly. Buy-to-flip angle. For a buy-to-flip strategy, the potential for minor renovations could enhance the resale value, leveraging high-quality finishes to attract buyers and maximize profit. Buy-to-let angle. The property could deliver a gross yield of approximately 3.8%, with an estimated rental income of €887 per month, making it appealing for long-term tenants in a mixed neighborhood.
Fair value modelled at €274,930 from 6 comparable sales in the area. Asking €280,000 sits €5,070 (1.8%) above — overpriced versus fair value.
Asking €280,000 versus the rua Horácio Marçal, 6 area baseline of €211,959 (€1,737/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €211,959, adjusted for condition and micro-location, gives a modelled fair value of €274,930 (€2,254/m²), a €5,070 (1.8%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Horácio Marçal, 6 | Subject | €280,000 | €2,295 | — | 72 | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 627225 | Active | €300,000 | €2,222 | 3.2% | 70 | 69 |
| Aver-o-Mar, Amorim e Terroso · 874f41 | Active | €390,000 | €2,635 | 14.8% | 80 | 62 |
| Vila do Conde · 190884 | Active | €320,000 | €2,254 | 1.8% | 70 | 58 |
| Vila do Conde · ade623 | Active | €368,000 | €2,258 | 1.6% | 74 | 62 |
| Median comp | €344,000 | €2,256 | 1.7% | 72 | 62 |
Long-term rental This property offers a gross yield of 3.8%, which aligns with the current expectations for long-term rentals in the area. The fair valuation close to the listing price suggests stable cash flow potential, but the growth prospects may be limited given the condition rating of 76/100 and the neighbourhood rating of 59/100. Family rental Targeting families could be a viable strategy due to the property's spacious 122m² layout, making it attractive for long-term residency. However, with a neighbourhood rating of 59/100, it is essential to consider the local amenities and tenant quality when assessing overall appeal for family living. Buy-and-hold The property's valuation at €280,000 is very close to its fair value of €274,930, indicating potential stability but also limiting immediate upside. As a buy-and-hold investment, regular maintenance and attention to local market trends will be crucial for preserving value over time given the mixed ratings of condition and neighbourhood.
Economic Vulnerability The property faces a risk due to its low economic stability score of 50/100, indicating potential fluctuations in market conditions that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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