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 94 m² on the 3rd floor, built in 1983, energy rating G. Located Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy Features: The apartment boasts extensive wooden cabinetry that enhances storage options and aesthetic appeal, while the laundry area suffers from significant moisture-related damage impacting overall condition.
The valuation. The asking price of €285,000 is above the fair value of €268,653 by €16,347 (6.1%), indicating a fair valuation. This suggests potential for appreciation without overpaying for the asset.
Fair value modelled at €284,889 from 6 comparable sales in the area. Asking €285,000 sits €111 (0.0%) above — overpriced versus fair value.
Asking €285,000 versus the Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai, Póvoa de Varzim, Porto area baseline of €265,675 (€2,826/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 is below the parish average, reducing 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 €265,675, adjusted for condition and micro-location, gives a modelled fair value of €284,889 (€3,031/m²), a €111 (0.0%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0acf35 | Subject | €285,000 | €3,032 | — | 60 | 52 |
| travessa Elias Garcia, 1 | Active | €279,000 | €2,447 | 19.3% | 67 | 61 |
| praça do Almada | Active | €360,000 | €3,130 | 3.2% | — | 59 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0017a8 | Active | €255,000 | €2,931 | 3.3% | 63 | 68 |
| Vila do Conde · 483cda | Active | €299,500 | €2,604 | 14.1% | 70 | 67 |
| Median comp | €289,250 | €2,768 | 8.7% | 67 | 64 |
Long-term rental The property at €285,000 aligns closely with its fair value of €268,653, offering a modest yield of 4.2%. Given the average condition rating of 66/100 and a neighbourhood score of 52/100, this investment is likely to appeal to tenants seeking stable long-term arrangements. Buy-and-hold Investing in this apartment at the current listing price is reasonable, as it represents a 6.1% gap from fair value, indicating it is appropriately priced for its potential appreciation. Its proximity to Porto may benefit long-term value growth, despite the basic amenities and variable school quality in the area.
Economic Decline Risk The economic stability score of 50/100 indicates a potential for decreased property value and rental income due to unfavorable local market conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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