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 109 m², energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Unique selling point: The property features well-maintained parquet flooring and built-in wardrobes, providing potential charm despite its requirement for extensive cosmetic updates.
The valuation. The asking price of €280,000 sits €11,039 (4.1%) above the fair value of €268,961, indicating that the property is in a fair valuation range. Investors can expect reasonable returns without overextending financially.
Fair value modelled at €268,961 from 6 comparable sales in the area. Asking €280,000 sits €11,039 (4.1%) above — overpriced versus fair value.
Asking €280,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €256,680 (€2,355/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €256,680, adjusted for condition and micro-location, gives a modelled fair value of €268,961 (€2,468/m²), a €11,039 (4.1%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · e3a9fa | Subject | €280,000 | €2,569 | — | 50 | 60 |
| Vila do Conde · 023a36 | Active | €350,000 | €2,318 | 9.8% | 60 | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 2d81b5 | Active | €335,000 | €2,617 | 1.9% | 62 | 57 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 99f168 | Active | €275,000 | €2,292 | 10.8% | 55 | 66 |
| rua do Arquitecto Ventura Terra, 24 | Active | €275,000 | €2,696 | 5.0% | 65 | 62 |
| Median comp | €305,000 | €2,468 | 3.9% | 61 | 63 |
Long-term rental This 3-bed apartment offers a gross yield of 4.7%, which is competitive for the suburban market near Porto. With a fair value of €268,961, the property is reasonably priced at €280,000, aligning with the balanced economic opportunities in the area. Family rental The apartment's spacious 109m² layout makes it suitable for families, benefiting from lower suburban crime rates and decent local amenities. Priced fairly at €280,000, this property aligns with the needs of family tenants in a growing suburban community. Buy-and-hold Investing in this property at €280,000 allows for long-term appreciation potential given the fair pricing and stable economic environment of the neighborhood. With a condition rating of 55/100, future renovations could enhance the property’s value over time, while still providing a consistent rental income. Not ideal for short-term vacation rental, luxury market, student housing This property does not cater to the needs of short-term vacation rentals or luxury buyers due to its pricing and neighborhood character. Furthermore, with its basic amenities and suburban location, it is less attractive for the student housing market.
Economic and Tenant Instability The combined economic and tenant stability scores of 60/100 indicate a moderate risk, suggesting potential difficulties in maintaining steady rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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