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, 3-bathroom apartment of 154 m², built in 2010, energy rating C. Located on rua Almirante Reis S / N, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: This apartment boasts an expansive balcony that enhances natural light throughout the living space, alongside proximity to essential services and public transport access within 200 meters.
The valuation. The asking price of €415,000 sits slightly above the fair value of €413,309, indicating it is fairly priced with only a €1,691 difference (0.4%).
Fair value modelled at €413,309 from 5 comparable sales in the area. Asking €415,000 sits €1,691 (0.4%) above — overpriced versus fair value.
Asking €415,000 versus the rua Almirante Reis S / N area baseline of €310,777 (€2,018/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €310,777, adjusted for condition and micro-location, gives a modelled fair value of €413,309 (€2,684/m²), a €1,691 (0.4%) gap versus the €415,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Almirante Reis S / N | Subject | €415,000 | €2,695 | — | 86 | 62 |
| Vila do Conde · 9af64f | Active | €450,000 | €3,020 | 12.1% | 72 | 60 |
| avenida Doutor António Bento Martins Júnior, 179 | Active | €420,000 | €2,658 | 1.4% | 77 | 56 |
| Vila do Conde · d1dcf7 | Active | €365,000 | €2,684 | 0.4% | 76 | 65 |
| rua Gomes de Amorim, 703 | Active | €245,000 | €2,784 | 3.3% | 80 | 61 |
| Median comp | €392,500 | €2,734 | 1.5% | 77 | 61 |
Long-term rental The property’s fair value is closely aligned with its listing price, resulting in a minimal gap of 0.4%. With a gross yield of 3.2% and a stable tenant pool in suburban Portugal, this investment is suitable for consistent cash flow but offers limited potential for capital appreciation. Student housing Given its proximity to the urban center of Braga, the property could appeal to students seeking accommodation, although the neighbourhood's average rating of 62/100 suggests competition may be moderate. The investment remains fair in value but may face challenges in attracting a substantial student demographic due to overall demand constraints in the area. Buy-and-hold While holding the property long-term may provide steady returns through rental income, its condition rating of 82/100 indicates that it is relatively well-maintained. However, given the property’s fair valuation and only modest yield of 3.2%, potential long-term appreciation might be limited, making this a prudent but not highly lucrative investment choice.
Potential tenant turnover risk: With both economic and tenant stability scores at 65/100, there is a heightened risk of tenant turnover, which could lead to increased vacancy rates and additional leasing costs.
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