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 120 m² on the 3rd floor, built in 1988, energy rating C. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment includes two balconies and a sunroom, enhancing its versatility for outdoor enjoyment and additional functional space for storage or laundry.
The valuation. The asking price of €289,000 is situated above the fair value of €263,065, representing a difference of €25,935 (9.9%). Verdict: fair. Buy-to-flip angle. The buy-to-flip strategy here would focus on enhancing the apartment's appeal through minor renovations to fixtures, potentially raising resale value significantly above the current asking price. Buy-to-let angle. For a buy-to-let approach, the estimated monthly rental income of €891 provides a gross yield of 3.7%, which is promising for long-term family or professional tenants, given the property’s proximity to Porto.
Fair value modelled at €263,065 from 6 comparable sales in the area. Asking €289,000 sits €25,935 (9.9%) above — overpriced versus fair value.
Asking €289,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €208,696 (€1,739/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 €208,696, adjusted for condition and micro-location, gives a modelled fair value of €263,065 (€2,192/m²), a €25,935 (9.9%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 07fcf3 | Subject | €289,000 | €2,408 | — | 68 | 66 |
| rua dos Furtados | Active | €299,500 | €2,252 | 6.5% | 72 | 64 |
| avenida General Humberto Delgado | Active | €354,000 | €2,133 | 11.5% | 70 | 66 |
| Vila do Conde · 3df46a | Active | €354,000 | €2,133 | 11.5% | 70 | 56 |
| rua António Monteiro dos Santos | Active | €355,000 | €2,276 | 5.5% | 70 | 56 |
| Median comp | €354,000 | €2,193 | 9.0% | 70 | 60 |
Long-term rental The property offers a gross yield of 3.7%, making it moderately attractive for long-term rental investors. However, with a fair value estimate at €263,065 and the listing price not reflecting a significant discount, the overall return profile remains neutral. Family rental The apartment’s size and location cater to families looking for stable housing options, yet the pricing aligns too closely with fair value to create an appealing opportunity. Consequently, while its condition and neighborhood ratings are decent, the demand may not translate into exceptional returns without a notable price adjustment. Buy-and-hold As a buy-and-hold investment, this property presents limited upside given its current market valuation at €289,000, which is just 9.9% above the fair value. The rental yield is in line with market expectations, but the absence of strong appreciation potential in the surrounding rural context could hinder long-term capital growth.
Economic vulnerability The economic stability score of 60/100 indicates a potential risk of downturns, which could affect tenant retention 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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