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 107 m² on the 1st floor, built in 1985, energy rating D. Located on rua Doutor Leonardo Coimbra, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. This apartment features high-quality custom wood slat walls, adding a modern aesthetic, while its excellent solar exposure enhances natural light throughout the day.
The valuation. The asking price of €299,000 exceeds the fair value of €264,642 by €34,358, or 13.0%. This indicates that the property is overpriced and may require negotiation to reach a more suitable purchase price.
Fair value modelled at €264,642 from 6 comparable sales in the area. Asking €299,000 sits €34,358 (13.0%) above — overpriced versus fair value.
Asking €299,000 versus the rua Doutor Leonardo Coimbra area baseline of €216,930 (€2,027/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €216,930, adjusted for condition and micro-location, gives a modelled fair value of €264,642 (€2,473/m²), a €34,358 (13.0%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Leonardo Coimbra | Subject | €299,000 | €2,794 | — | 68 | 69 |
| Vila do Conde · a8051b | Active | €320,000 | €2,540 | 9.1% | 72 | 59 |
| Vila do Conde · 1f3624 | Active | €299,990 | €2,655 | 5.0% | 68 | 63 |
| rua dos Pescadores, 57 | Active | €320,000 | €2,540 | 9.1% | 72 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6fbb9f | Active | €349,000 | €2,407 | 13.9% | 75 | 64 |
| Median comp | €320,000 | €2,540 | 9.1% | 72 | 62 |
Long-term rental The 3-bed apartment in Uniao das Freguesias da Póvoa de Varzim is positioned in an area enhanced by its proximity to Greater Porto, yet the property is currently overpriced at €299,000 compared to its fair value of €264,642, resulting in a 13.0% discrepancy. With a gross yield of 4.1% and a neighborhood rating of 69/100, this investment may not provide the expected returns for long-term rental purposes. Family rental While the apartment has potential in a family rental market due to its size and suburban setting, its current listing at €299,000 is above the fair value of €264,642, marking it as overpriced by 13.0%. The neighborhood amenities and housing quality could attract families, but the investment may not justify the cost given the market conditions. Buy-and-hold Investing in this 3-bed apartment as a buy-and-hold strategy is questionable, as the property is priced at €299,000, significantly exceeding its fair value of €264,642 and indicating it is overpriced by 13.0%. Although the proximity to Greater Porto may suggest long-term appreciation, the current valuation complicates the case for a fruitful buy-and-hold investment strategy.
Economic Vulnerability The economic stability score of 65/100 suggests that there may be fluctuations in local economic conditions that could impact rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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