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 110 m² on the 11th floor, built in 1995, energy rating D. Located on avenida Vasco da Gama, Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai parish, Póvoa de Varzim municipality, Porto district. Noteworthy features: This apartment features high-quality laminate and wood-look flooring throughout, paired with upgraded kitchen cabinetry and elegant granite-style countertops that enhance its modern appeal.
The valuation. The asking price of €449,000 is €98,926 (28.3%) above the fair value of €350,074, indicating the property is overpriced. This discrepancy suggests a need for negotiation based on current market conditions.
Fair value modelled at €350,074 from 6 comparable sales in the area. Asking €449,000 sits €98,926 (28.3%) above — overpriced versus fair value.
Asking €449,000 versus the avenida Vasco da Gama area baseline of €289,104 (€2,628/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 €289,104, adjusted for condition and micro-location, gives a modelled fair value of €350,074 (€3,182/m²), a €98,926 (28.3%) gap versus the €449,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Vasco da Gama | Subject | €449,000 | €4,082 | — | 73 | 61 |
| Vila do Conde · 483cda | Active | €299,500 | €2,604 | 36.2% | 70 | 67 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 2cdd3c | Active | €360,000 | €3,243 | 20.5% | 65 | 55 |
| rua Alberto Pinheiro Torres, 285 | Active | €340,000 | €2,698 | 33.9% | 70 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 86cc14 | Active | €299,900 | €3,999 | 2.0% | 75 | 55 |
| Median comp | €319,950 | €2,971 | 27.2% | 70 | 58 |
Family rental The 3-bed apartment in Póvoa de Varzim offers a gross yield of 3.1%, which falls below the typical market expectations for family rentals, indicating less appeal to potential renters. With a fair value of €350,074, the current listing price reflects a 28.3% premium, making this investment less attractive for family-oriented leasing opportunities. Long-term rental While the property's condition score of 76/100 suggests decent quality, the significant gap from fair value indicates that potential long-term rental returns are compromised due to overpricing. The local neighbourhood rating of 61/100 further supports concerns over its competitive position in the long-term rental market. Buy-and-hold Given the price of €449,000 is notably higher than its fair value, the buy-and-hold strategy may not yield favorable appreciation in the current rental climate. The proximity to Porto adds some potential, yet the property remains overpriced, hindering its viability for long-term asset accumulation.
Tenant Default Risk With a tenant stability score of 55/100, there is a heightened risk of tenant default, potentially impacting cash flow and overall investment returns.
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