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, 3-bathroom penthouse of 210 m² on the 15th floor, energy rating E. Located on rua Clube Desportivo da Póvoa, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The penthouse includes extensive terraces totaling 180 m², ideal for outdoor entertaining and enjoying panoramic views, along with a cutting-edge home automation system for enhanced convenience.
The valuation. The asking price of €930,000 is significantly higher than the fair value of €765,732, indicating the property is overpriced by €164,268 (21.5%). This overvaluation limits its appeal for prospective buyers.
Fair value modelled at €765,732 from 6 comparable sales in the area. Asking €930,000 sits €164,268 (21.5%) above — overpriced versus fair value.
Asking €930,000 versus the rua Clube Desportivo da Póvoa area baseline of €601,423 (€2,864/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 87/100 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 €601,423, adjusted for condition and micro-location, gives a modelled fair value of €765,732 (€3,646/m²), a €164,268 (21.5%) gap versus the €930,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Clube Desportivo da Póvoa | Subject | €930,000 | €4,429 | — | 88 | 59 |
| rua D. Dinis | Active | €399,000 | €3,729 | 15.8% | 80 | 64 |
| Vila do Conde · 99f1db | Active | €299,000 | €3,646 | 17.7% | 80 | 64 |
| Vila do Conde · 49b67e | Active | €299,000 | €4,271 | 3.5% | 78 | 61 |
| avenida Mouzinho de Albuquerque | Active | €465,000 | €3,370 | 23.9% | 80 | 59 |
| Median comp | €349,000 | €3,688 | 16.7% | 80 | 63 |
Long-term rental The property is overpriced at €930,000 compared to a fair value of €765,732, creating a 21.5% gap that limits potential returns. With a yield of 0% gross, this investment does not align with the typical financial metrics for long-term rentals. Family rental With a moderate condition score of 87/100 and a neighbourhood score of 59/100, the family rental market may not attract demand at the current pricing. Given that the property is overpriced, it may struggle to command higher rent from families seeking a value-oriented living option.
Economic Volatility Risk With an economic stability score of 50/100, there is a heightened risk of economic instability that could adversely impact property values and 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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