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 house of 105 m², built in 1978, energy rating C. Located on avenida dos Pescadores, 260, Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This property is uniquely situated practically on the beach, offering breathtaking panoramic sea views from the balcony, enhancing its appeal as a seaside retreat.
The valuation. The asking price of €460,000 exceeds the fair value of €327,687 by €132,313, or 40.4%. This property is considered overpriced in the current market. Buy-to-flip angle. The resale strategy focuses on targeting buyers looking for renovated family homes, leveraging the premium finishes to command a competitive selling price shortly after purchase. Buy-to-let angle. With an estimated monthly rental income of €1,188, the property yields a gross return of 3.1%, making it a viable option for long-term rental in a mixed residential neighborhood.
Fair value modelled at €327,687 from 6 comparable sales in the area. Asking €460,000 sits €132,313 (40.4%) above — overpriced versus fair value.
Asking €460,000 versus the avenida dos Pescadores, 260 area baseline of €267,543 (€2,548/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €267,543, adjusted for condition and micro-location, gives a modelled fair value of €327,687 (€3,121/m²), a €132,313 (40.4%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Pescadores, 260 | Subject | €460,000 | €4,381 | — | 90 | 57 |
| Aver-o-Mar, Amorim e Terroso · 627249 | Active | €459,000 | €5,157 | 17.7% | 83 | 65 |
| Aver-o-Mar, Amorim e Terroso · 9375c2 | Active | €359,000 | €2,992 | 31.7% | 78 | 62 |
| rua dos Ferreiros, 92A | Active | €390,000 | €3,250 | 25.8% | 82 | 63 |
| rua Gomes de Amorim | Active | €550,000 | €1,858 | 57.6% | 70 | 68 |
| Median comp | €424,500 | €3,121 | 28.8% | 80 | 64 |
Long-term rental Given the gross yield of 3.1%, the investment in this property may not yield substantial returns over time, making it a less attractive option for long-term rental. Furthermore, with a fair value estimated at €327,687, purchasing this asset for €460,000 indicates a 40.4% premium above its fair market price, suggesting it is overpriced. Family rental While families often seek homes in suburban areas, this property's neighbourhood score of 57/100 reflects potential challenges in tenant quality and amenities. At a listing price that significantly exceeds its fair value, any profit margins for family rental purposes are considerably compromised due to this property being overpriced. Buy-and-hold Investing in a buy-and-hold strategy here becomes less appealing, as the passive rental income is diminished by both the low yield of 3.1% and the exorbitant price compared to fair value. Holding onto this property is likely to result in a negative equity situation, as it is overpriced by 40.4%, making future resale or cash flow unlikely to meet investors' expectations.
Economic Vulnerability The property's economic stability score of 50/100 indicates a significant risk in the local market, potentially affecting tenant demand and rental income.
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
