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, 2-bathroom apartment of 133 m² on the 2nd floor, built in 1992, energy rating C. Located on rua dos Furtados, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment features a bright living space that seamlessly connects to a sizable balcony with direct sea views, enhancing its coastal lifestyle appeal.
The valuation. The asking price of €299,500 is above the fair value of €273,468 by €26,032 (9.5%). This positions the property fairly, indicating that it is neither significantly overpriced nor undervalued, allowing for potential negotiation.
Fair value modelled at €273,468 from 6 comparable sales in the area. Asking €299,500 sits €26,032 (9.5%) above — overpriced versus fair value.
Asking €299,500 versus the rua dos Furtados area baseline of €222,054 (€1,670/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 €222,054, adjusted for condition and micro-location, gives a modelled fair value of €273,468 (€2,056/m²), a €26,032 (9.5%) gap versus the €299,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Furtados | Subject | €299,500 | €2,252 | — | 72 | 64 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 5ed003 | Active | €260,000 | €2,301 | 2.2% | 75 | 69 |
| praceta Irmã Maria Campos | Active | €260,000 | €2,301 | 2.2% | 78 | 54 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 5e631c | Active | €299,000 | €2,182 | 3.1% | 75 | 58 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · ade534 | Active | €550,000 | €1,930 | 14.3% | 68 | 60 |
| Median comp | €279,500 | €2,242 | 0.5% | 75 | 59 |
Long-term rental The property provides a gross yield of 4.4%, reflecting a stable income potential over the long term. Given the fair valuation, it is positioned to attract tenants seeking quality living near employment opportunities. Family rental With a 76/100 condition rating, the apartment is suitable for families looking for comfort and space. The average neighbourhood score of 64/100 suggests a reasonable quality of life, catering to family needs effectively. Buy-and-hold The fair valuation indicates that the property is not a bargain, and may not significantly appreciate in value in the near future. However, the moderate demand in Braga can still offer consistent rental returns over time. Not ideal for luxury market Given the fair valuation, the apartment does not align with the luxury market segment, which typically demands premium properties. Not ideal for short-term rental The consistent gross yield is not competitive enough for short-term rental appeals, which often require properties below market rates to draw tourist interest. Not ideal for student housing The demographic dynamics and fair valuation suggest that this property does not cater effectively to the more transient student rental market.
Economic Vulnerability Low economic stability score of 55/100 suggests potential risk of decreased property values or demand due to economic downturns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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