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, 2-bathroom apartment of 146 m². Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. This apartment boasts a large suite, high ceilings, and a closed garage for two cars, enhancing both luxury and practicality for beachside living.
The valuation. The asking price of €489,000 exceeds the fair value of €421,390 by €67,610, or 16.0%. This property is considered overpriced and may not provide sufficient equity for potential investors.
Fair value modelled at €421,390 from 6 comparable sales in the area. Asking €489,000 sits €67,610 (16.0%) above — overpriced versus fair value.
Asking €489,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €363,953 (€2,493/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €363,953, adjusted for condition and micro-location, gives a modelled fair value of €421,390 (€2,886/m²), a €67,610 (16.0%) gap versus the €489,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · e3abf3 | Subject | €489,000 | €3,349 | — | 76 | 71 |
| rua Alice Cruz | Active | €340,000 | €2,677 | 20.1% | 74 | 55 |
| Vila do Conde · 90d90c | Active | €315,000 | €3,150 | 6.0% | 80 | 58 |
| rua João de Rianho, 65 | Active | €360,000 | €3,025 | 9.7% | 72 | 70 |
| rua 25 de Abril, 224 | Active | €335,000 | €2,617 | 21.9% | 75 | 59 |
| Median comp | €337,500 | €2,851 | 14.9% | 75 | 59 |
Family rental The property is not ideally positioned for family rental, given its 2-bed configuration and neighborhood rating of 71/100, which suggests a less attractive residential environment. With an approaching gap of 16.0% compared to its fair value, this property may not yield sufficient returns to justify the investment. Long-term rental While the property could serve as a long-term rental, the gross yield of 2.3% is relatively low, indicating limited cash flow potential. Coupled with its overpriced status at €489,000 versus a fair value of €421,390, this investment lacks the financial incentive for long-term viability. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable given its current market price, which is 16.0% above fair value, impacting overall investment performance. The condition score of 78/100 may not sufficiently offset the lack of value, suggesting that long-term profitability could be compromised due to its inflated price.
Economic Volatility The economic stability score of 72 indicates potential fluctuations in market conditions that could affect rental income, especially if it declines below 70 in a downturn.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
