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 142 m², built in 1937, energy rating D. Located on rua Doutor Armindo Graça, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. This apartment boasts a mezzanine layout and high ceilings, enhancing its architectural charm while providing a spacious and inviting living environment.
The valuation. The asking price of €480,000 sits slightly below the fair value of €490,727, representing a minor difference of €10,727 (2.2%). This indicates that the property is fairly priced, aligning well with market expectations.
Fair value modelled at €490,727 from 6 comparable sales in the area. Asking €480,000 sits €10,727 (2.2%) below — the upside to fair value.
Asking €480,000 versus the rua Doutor Armindo Graça area baseline of €414,914 (€2,922/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €414,914, adjusted for condition and micro-location, gives a modelled fair value of €490,727 (€3,456/m²), a €10,727 (2.2%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Armindo Graça | Subject | €480,000 | €3,380 | — | 74 | 68 |
| rua Padre Alceu C Silva, 64 | Active | €299,000 | €4,271 | 26.4% | 85 | 54 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 032528 | Active | €340,000 | €2,764 | 18.2% | 75 | 53 |
| Vila do Conde · 49b67e | Active | €299,000 | €4,271 | 26.4% | 78 | 61 |
| Vila do Conde · 99f1db | Active | €299,000 | €3,646 | 7.9% | 80 | 64 |
| Median comp | €299,000 | €3,959 | 17.1% | 79 | 58 |
Long-term rental The 2-bed apartment in Uniao das Freguesias da Póvoa de Varzim presents a respectable gross yield of 3%, making it a stable option for long-term rental investors. With a fair value gap of only 2.2%, the investment aligns closely with market expectations, though the slightly aging condition at 76/100 may deter some tenants. Family rental This property is well-suited for family rentals due to its spacious 142m² layout and positioning near Porto for commuting. With the neighborhood scoring 68/100, the area offers a decent living environment though it does not highlight significant amenities that would elevate family appeal. Buy-and-hold Holding onto this apartment could yield consistent returns, given the stable rental prospects supported by the proximity to Porto and the fair market valuation. While the economic and housing markets show moderate potential, the property would need maintenance to maintain tenant satisfaction over time.
Economic Downturn Risk The property has a moderate economic stability score of 65/100, indicating potential vulnerabilities to economic downturns that could impact returns.
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