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.
4-bedroom, 2-bathroom apartment of 181 m² on the 1st floor, built in 1987, energy rating D. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy features: The apartment's enclosed balcony offers flexible usage as a small leisure area or additional storage, enhancing the functional living space in this contemporary home.
The valuation. The asking price of €450,000 is €53,192 (13.4%) above the fair value of €396,808. This property is clearly overpriced, indicating a need for negotiation to align with its market worth.
Fair value modelled at €396,808 from 3 comparable sales in the area. Asking €450,000 sits €53,192 (13.4%) above — overpriced versus fair value.
Asking €450,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €276,474 (€1,527/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €276,474, adjusted for condition and micro-location, gives a modelled fair value of €396,808 (€2,192/m²), a €53,192 (13.4%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 51b3e0 | Subject | €450,000 | €2,486 | — | 80 | 66 |
| Aver-o-Mar, Amorim e Terroso · cfde79 | Active | €399,000 | €2,192 | 11.8% | 75 | 62 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 38b5c4 | Active | €455,000 | €2,917 | 17.3% | 82 | 60 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e6650 | Active | €312,500 | €2,042 | 17.8% | 75 | 65 |
| Median comp | €399,000 | €2,192 | 11.8% | 75 | 62 |
Long-term rental Due to the property's listing price of €450,000, which exceeds the fair value of €396,808 by 13.4%, it is likely to generate lower returns than anticipated in the long-term rental market. The 4.5% gross yield does not compensate for the overpricing, making it a less attractive option for sustained rental income. Family rental The property’s condition score of 81/100 and the suburban environment cater well to family needs, but the asking price remains significantly higher than its fair value. Families looking for value may be deterred by the overpriced nature of this apartment, limiting its appeal in the competitive family rental market. Buy-and-hold While the property aligns with suburban demand characteristics and has decent amenities, its listing price of €450,000 makes it an overvalued investment for a buy-and-hold strategy. The anticipated appreciation in property value is unlikely to offset the current gap to fair value, suggesting limited upside potential for investors pursuing a long-term hold strategy.
Economic vulnerability The economic stability score of 65/100 suggests potential fluctuations in the local economy that could impact rental income and property value.
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