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 112 m², energy rating B. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Significant observable defects include substantial damp staining and exposed wiring, indicating urgent renovation needs despite the apartment's central location and good solar exposure.
The valuation. The asking price of €310,000 lies €22,514 (7.8%) above the fair value of €287,486, indicating that the property is priced fairly amidst market conditions. This aligns with an accurate assessment of its worth in the current real estate landscape.
Fair value modelled at €287,486 from 6 comparable sales in the area. Asking €310,000 sits €22,514 (7.8%) above — overpriced versus fair value.
Asking €310,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €295,678 (€2,640/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 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 €295,678, adjusted for condition and micro-location, gives a modelled fair value of €287,486 (€2,567/m²), a €22,514 (7.8%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · e3ab20 | Subject | €310,000 | €2,768 | — | 44 | 64 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 99f168 | Active | €275,000 | €2,292 | 17.2% | 55 | 66 |
| rua Cidade de Guimarães, 113 | Active | €312,500 | €2,948 | 6.5% | — | 64 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 4d47a3 | Active | €550,000 | €1,930 | 30.3% | — | 57 |
| Vila do Conde · ade59f | Active | €660,000 | €3,626 | 31.0% | — | 63 |
| Median comp | €431,250 | €2,620 | 5.3% | 55 | 64 |
Long-term rental The property presents a fair opportunity for long-term rental with a gross yield of 3.9%, aligning with typical expectations for the area. Given the proximity to Porto, potential tenants may be attracted by economic opportunities, despite the property's condition rating of 44/100. Family rental This apartment is suitable for family rental due to its spacious layout of 112m², which is ideal for accommodating families in a suburban neighborhood. Although the neighborhood scores a 64/100, the overall investment remains at fair value, suggesting reasonable demand from family-oriented renters. Buy-and-hold Investing in this property for a buy-and-hold strategy appears justifiable, as the fair value sits closely aligned with the listing price. The stable suburban setting and proximity to Porto could benefit long-term appreciation, despite the 7.8% gap from fair value indicating a reasonable investment entry point.
Economic Vulnerability The property is at risk due to a relatively low economic stability score of 60/100, indicating potential economic fluctuations that could affect occupancy rates 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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