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 apartment of 101 m² on the 6th floor, built in 1985, energy rating C. Located on praça de Touros, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts three private balconies with stunning views of the ocean, providing a unique advantage for outdoor relaxation amidst a vibrant coastal setting.
The valuation. The asking price of €375,000 is €42,263 (12.7%) above the fair value of €332,737, indicating that the property is overpriced. This discrepancy suggests potential investment challenges.
Fair value modelled at €332,737 from 6 comparable sales in the area. Asking €375,000 sits €42,263 (12.7%) above — overpriced versus fair value.
Asking €375,000 versus the praça de Touros area baseline of €291,179 (€2,883/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €291,179, adjusted for condition and micro-location, gives a modelled fair value of €332,737 (€3,294/m²), a €42,263 (12.7%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça de Touros | Subject | €375,000 | €3,713 | — | 75 | 62 |
| avenida Santos Graça | Active | €385,000 | €3,969 | 6.9% | 72 | 57 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6c7c10 | Active | €358,000 | €3,442 | 7.3% | 72 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 49b8f9 | Active | €269,000 | €4,483 | 20.8% | 73 | 56 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 90dab4 | Active | €380,000 | €2,774 | 25.3% | 74 | 67 |
| Median comp | €369,000 | €3,706 | 0.2% | 73 | 59 |
Long-term rental Despite consistent demand in the region due to its proximity to Porto, the current listing price of €375,000 reflects a 12.7% overvaluation compared to the fair value of €332,737. Investors may find the gross yield of 3.6% uninspiring, especially given the local neighborhood's mediocre score of 62/100. Family rental While the property could attract families seeking suburban safety, its listing price exceeds fair value by 12.7%, indicating that it is overpriced at €375,000. The condition rating of 74/100 suggests potential maintenance costs that may further impair rental yield for families looking for long-term stability. Buy-and-hold The investment strategy of buy-and-hold may not be ideal here, as the property's price of €375,000 surpasses the fair value estimate by 12.7%, labeling it overpriced. The combination of a low gross yield of 3.6% and a neighborhood score of 62/100 raises concerns over long-term capital growth potential, making this a less attractive investment option.
Economic Vulnerability The economic stability score of 70/100 indicates moderate risk, while a tenant stability score of 60/100 suggests potential for tenant turnover, affecting rental income predictability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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