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 111 m² on the 1st floor, built in 1993, energy rating D. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The property includes a covered terrace, offering potential for a sheltered leisure space, and is conveniently located just 200 meters from the beach for easy access to seaside activities.
The valuation. The asking price of €360,000 is €12,905, or 3.7%, above the fair value of €347,095, indicating a property priced at the high end of market expectations. This suggests a fair valuation considering the overall market dynamics.
Fair value modelled at €347,095 from 6 comparable sales in the area. Asking €360,000 sits €12,905 (3.7%) above — overpriced versus fair value.
Asking €360,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €291,955 (€2,630/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €291,955, adjusted for condition and micro-location, gives a modelled fair value of €347,095 (€3,127/m²), a €12,905 (3.7%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 2cdd3c | Subject | €360,000 | €3,243 | — | 65 | 55 |
| Vila do Conde · 483cda | Active | €299,500 | €2,604 | 19.7% | 70 | 67 |
| Vila do Conde · 4680a0 | Active | €370,000 | €3,700 | 14.1% | 75 | 64 |
| rua Alberto Pinheiro Torres, 285 | Active | €340,000 | €2,698 | 16.8% | 70 | 61 |
| Vila do Conde · b3287a | Active | €259,000 | €2,467 | 23.9% | 75 | 66 |
| Median comp | €319,750 | €2,651 | 18.3% | 73 | 65 |
Long-term rental The property is fairly priced at €360,000, just 3.7% above the fair value of €347,095, which may limit immediate upsides for long-term rental strategies. Despite a gross yield of 3.8%, the moderate neighborhood score of 55/100 suggests potential challenges in tenant quality and demand stability. Buy-and-hold Investing in this property at a fair price provides a reasonable entry point, particularly in a transitional area with moderate demand and amenities. However, the yields and neighborhood conditions imply that long-term appreciation may be tepid, requiring a patient investment approach to realize value over time.
Economic Vulnerability The property faces a high risk due to its low economic stability score of 45/100, indicating potential challenges in sustaining tenant demand 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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