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 93 m² on the 1st floor, built in 1991, energy rating E. Located on rua Santos Minho, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment offers dual street access, enhancing convenience and visibility, while its location in a historic area supports a vibrant commercial atmosphere attracting both locals and tourists.
The valuation. The asking price of €290,000 sits slightly below the fair value of €303,272, indicating a minimal variance of €13,272 (4.4%). This positions the property fairly within the market. Buy-to-flip angle. With strategic renovations targeting dated elements, this apartment can attract buyers willing to pay a premium, allowing for a profitable resale beyond the current asking price. Buy-to-let angle. The estimated gross yield of 3.9% with a monthly rental income of approximately €942 suggests potential for steady cash flow, appealing to families and long-term renters in a growing area.
Fair value modelled at €303,272 from 6 comparable sales in the area. Asking €290,000 sits €13,272 (4.4%) below — the upside to fair value.
Asking €290,000 versus the rua Santos Minho area baseline of €294,583 (€3,168/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 €294,583, adjusted for condition and micro-location, gives a modelled fair value of €303,272 (€3,261/m²), a €13,272 (4.4%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Santos Minho | Subject | €290,000 | €3,118 | — | 51 | 65 |
| rua Cidade de Guarujá | Active | €215,000 | €3,308 | 6.1% | 58 | 64 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 133adc | Active | €250,000 | €4,167 | 33.6% | — | 66 |
| avenida Vasco da Gama | Active | €239,000 | €2,951 | 5.4% | — | 62 |
| rua dos Bombeiros Voluntários de Póvoa de Varzim, 429 | Active | €225,000 | €3,409 | 9.3% | 62 | 62 |
| Median comp | €232,000 | €3,359 | 7.7% | 60 | 63 |
Family rental The property presents a steady yield of 3.9%, making it an acceptable option for families seeking longer-term accommodation. The apartment's proximity to Braga provides easy access to schools and economic opportunities, which could attract steady tenant demand. Long-term rental Given the fair valuation of €290,000 compared to the fair value of €303,272, this property aligns with current market expectations for long-term rental investment. The neighborhood rating of 65/100 indicates potential tenant quality, making it a reasonable option for maintaining occupancy. Buy-and-hold With a fair valuation and consistent rental yield, this property may serve as a stable buy-and-hold investment, particularly due to its economic proximity to Braga. However, the condition rating of 55/100 suggests the need for potential future renovations to maintain or increase value over time.
Tenant turnover risk High tenant turnover could occur due to the low tenant stability score of 65/100, indicating a potential challenge in maintaining consistent rental income.
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