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 65 m², built in 1982, energy rating E. Located on rua Cidade de Guarujá, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. The apartment features spacious rooms with a well-functioning layout, but it requires updates in the kitchen and living areas due to signs of wear and dated elements.
The valuation. The asking price of €215,000 is significantly higher than the fair value of €191,154, representing an excess of €23,846 (12.5%). This property is deemed overpriced based on current market conditions.
Fair value modelled at €191,154 from 6 comparable sales in the area. Asking €215,000 sits €23,846 (12.5%) above — overpriced versus fair value.
Asking €215,000 versus the rua Cidade de Guarujá area baseline of €187,431 (€2,884/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €187,431, adjusted for condition and micro-location, gives a modelled fair value of €191,154 (€2,941/m²), a €23,846 (12.5%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Guarujá | Subject | €215,000 | €3,308 | — | 58 | 64 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 133adc | Active | €250,000 | €4,167 | 26.0% | — | 66 |
| avenida Vasco da Gama | Active | €239,000 | €2,951 | 10.8% | — | 62 |
| rua dos Bombeiros Voluntários de Póvoa de Varzim, 429 | Active | €225,000 | €3,409 | 3.1% | 62 | 62 |
| via B | Active | €169,000 | €2,315 | 30.0% | 55 | 60 |
| Median comp | €232,000 | €3,180 | 3.9% | 59 | 62 |
Long-term rental The offering price of €215,000 exceeds the fair value of €191,154 by 12.5%, making this property less attractive for a long-term rental strategy. With a gross yield of only 3.9%, the investment does not provide compelling financial performance given the local market conditions. Buy-and-hold With the property priced above its fair value, the potential for capital appreciation may be limited in the current economic climate of the neighbourhood. Although it may suit an investor's portfolio in the long-term, the current pricing suggests a higher risk for future returns. Family rental While the property is located in a family-oriented community, its price point indicates that it is overpriced relative to its fair value. The moderate yield and condition rating suggest that families may seek better value elsewhere, reducing demand for this unit as a family rental option.
Economic instability risk The economic stability score of 60/100 indicates potential volatility that could affect property values and rental income stability.
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