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 115 m², energy rating E. Located on praça do Almada, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy features: This apartment boasts an exclusive design as the only unit on its floor, complemented by balconies in two bedrooms enhancing natural light and ventilation.
The valuation. The asking price of €360,000 is significantly above the fair value of €299,072, indicating an overpricing of €60,928 (20.4%). This discrepancy suggests the property is not a viable investment in its current pricing context.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praça do Almada | Subject | €360,000 | €3,130 | — | — | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 3a70d2 | Active | €265,000 | €2,978 | 4.9% | 78 | 67 |
| travessa Elias Garcia, 1 | Active | €279,000 | €2,447 | 21.8% | 67 | 61 |
| Vila do Conde · 483cda | Active | €299,500 | €2,604 | 16.8% | 70 | 67 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · da46de | Active | €335,000 | €2,597 | 17.0% | 80 | 61 |
| Median comp | €289,250 | €2,601 | 16.9% | 74 | 64 |
Long-term rental Given the property is listed at €360,000, significantly above its fair value of €299,072, it presents a challenging investment for long-term rental opportunities. The gross yield of 3.2% and the neighbourhood rating of 59/100 further indicate that the property may not deliver strong returns compared to other options in the market. Buy-and-hold With the current valuation reflecting a 20.4% gap above fair value, the buy-and-hold strategy appears less attractive for this apartment. The low condition score of 0/100 and moderate neighbourhood quality suggest that potential appreciation may not compensate for the initial overvaluation in the long term.
Tenant turnover risk: With a tenant stability score of 55/100, there is a higher likelihood of tenant turnover, which can lead to increased vacancy rates and potential income loss.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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