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 house of 191 m², energy rating D. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. This property includes a spacious garden that offers potential for landscaping and outdoor entertainment, alongside a closed garage that provides secure parking for two vehicles.
The valuation. The asking price of €398,000 is significantly above the fair value of €185,694, resulting in an overpriced judgment of €212,306 (114.3%). This indicates that potential buyers may be overpaying for this property. Buy-to-flip angle. A buy-to-flip strategy could involve renovating the outdated interiors to attract buyers, but with an asking price far above fair value, potential profit may be limited unless significant improvements draw in higher offers. Buy-to-let angle. With an estimated rental income of around €1,061/month, this property yields a gross yield of 3.2%. However, given its condition and the mixed neighborhood rating of 61/100, achieving stable occupancy may present challenges.
Fair value modelled at €185,694 from 5 comparable sales in the area. Asking €398,000 sits €212,306 (114.3%) above — overpriced versus fair value.
Asking €398,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €316,211 (€1,656/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 10/100 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 €316,211, adjusted for condition and micro-location, gives a modelled fair value of €185,694 (€972/m²), a €212,306 (114.3%) gap versus the €398,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · e554dd | Subject | €398,000 | €2,084 | — | — | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 90d91f | Active | €175,000 | €972 | 53.3% | — | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 89364d | Active | €149,000 | €1,863 | 10.6% | 12 | 58 |
| Touguinha e Touguinhó · 8ee496 | Active | €177,500 | €693 | 66.7% | — | 68 |
| Touguinha e Touguinhó · 911936 | Active | €177,500 | €473 | 77.3% | — | 61 |
| Median comp | €176,250 | €833 | 60.0% | 12 | 62 |
Long-term rental This property presents a gross yield of 3.2%, which is relatively low given the fair value gap of 114.3%, suggesting that long-term rental returns may not meet investor expectations. Furthermore, with a condition rating of 10/100 and a neighborhood score of 61/100, the overall investment quality is diminished in light of the excessive listing price. Family rental Despite being located in a suburban area with presumed access to Porto, the property’s current listing price of €398,000 is significantly above the fair value of €185,694, indicating that family rental potential is compromised by the high initial cost. Additionally, the property’s condition score and neighborhood rating contribute to an unattractive offering for families seeking quality living spaces at reasonable prices.
Tenant turnover risk: With both economic and tenant stability scores at only 60/100, there is a significant risk of increased tenant turnover, potentially leading to higher vacancy rates and lost rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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