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 115 m² on the 2nd floor, energy rating D. Located on avenida Mouzinho de Albuquerque, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts two enclosed balconies that provide additional living space and an efficient layout ensuring ample natural light throughout the well-maintained interior.
The valuation. The asking price of €359,000 is significantly higher than the fair value of €322,701, creating a gap of €36,299 (11.2%). This property is considered overpriced, warranting a more cautious investment approach.
Fair value modelled at €322,701 from 6 comparable sales in the area. Asking €359,000 sits €36,299 (11.2%) above — overpriced versus fair value.
Asking €359,000 versus the avenida Mouzinho de Albuquerque area baseline of €265,738 (€2,311/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 €265,738, adjusted for condition and micro-location, gives a modelled fair value of €322,701 (€2,806/m²), a €36,299 (11.2%) gap versus the €359,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Mouzinho de Albuquerque | Subject | €359,000 | €3,122 | — | 72 | 58 |
| rua Alberto Pinheiro Torres, 285 | Active | €340,000 | €2,698 | 13.6% | 70 | 61 |
| Vila do Conde · de0b88 | Active | €369,000 | €2,838 | 9.1% | 68 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 90dab4 | Active | €380,000 | €2,774 | 11.1% | 74 | 67 |
| Vila do Conde · 483cda | Active | €299,500 | €2,604 | 16.6% | 70 | 67 |
| Median comp | €354,500 | €2,736 | 12.4% | 70 | 64 |
Long-term rental This 3-bed apartment is listed at €359,000, which is 11.2% above its fair value of €322,701, indicating it is overpriced for potential long-term rental opportunities. With a gross yield of 3.4% and a condition rating of 74/100, the economics do not justify the current pricing in a market with moderate tenant quality. Buy-and-hold The current asking price of €359,000 exceeds the fair value of €322,701, marking it as overpriced for a buy-and-hold investment strategy. While the location benefits from economic stability and low crime, the 3.4% yield does not align with the excessive listing price, suggesting limited appreciation potential.
Economic Volatility Risk: With both economic stability and tenant stability scores at 55/100, there is a significant risk of fluctuating income streams and potential increased vacancy rates due to economic uncertainties.
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