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.
4-bedroom, 2-bathroom apartment of 150 m², energy rating A. Located Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment includes a spacious closed garage for two cars and boasts stunning panoramic sea views from the large living room and bedrooms.
The valuation. The asking price of €650,000 is significantly above the fair value of €480,469, resulting in a premium of €169,531 (35.3%). This positions the property as overpriced in the current market. Buy-to-flip angle. The buy-to-flip strategy would require significant renovations, as the property scores 0/100 in condition, to justify higher resale value aligned with market standards. Buy-to-let angle. Given the gross yield of 0%, this property is not feasible for rental income, especially considering the mixed neighborhood rating of 66/100, suggesting limited demand for rentals.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aver-o-Mar, Amorim e Terroso · e55429 | Subject | €650,000 | €4,333 | — | — | 66 |
| Aver-o-Mar, Amorim e Terroso · f10aaa | Active | €327,000 | €3,406 | 21.4% | — | 67 |
| rua Emília Sampaio da Nóvoa | Active | €435,000 | €3,000 | 30.8% | 78 | 58 |
| rua Doutor Octávio Torres | Active | €330,000 | €3,438 | 20.7% | 72 | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · a79e20 | Active | €480,000 | €3,137 | 27.6% | 74 | 57 |
| Median comp | €382,500 | €3,272 | 24.5% | 74 | 59 |
Long-term rental The property currently presents a significant gap of 35.3% compared to its fair value, suggesting it is overpriced in the long-term rental market. With a gross yield of 0%, it lacks the financial viability and stability to attract reliable long-term tenants. Family rental Given the pricing above its fair value by 35.3%, this property is not positioned competitively as a family rental option in the area. The poor condition rating of 0/100 further diminishes its appeal to potential families seeking a comfortable home. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable, with a substantial overpricing reflected in its 35.3% gap to fair value. The stagnant yield of 0% indicates that holding this asset may not yield significant financial returns over time.
Moderate economic and tenant risk The property may face challenges as both the economic stability score and tenant stability score are at 70 out of 100, indicating a moderate risk of fluctuations in rental income and potential tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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