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, 1-bathroom apartment of 69 m² on the 2nd floor, built in 1989, energy rating C. Located Aver-o-Mar, Amorim e Terroso parish, Póvoa de Varzim municipality, Porto district. This apartment boasts a planned complete rehabilitation of the building's facades, funded entirely by current residents, enhancing future curb appeal without cost to the new owner.
The asking price of €249,000 sits above our fair value estimate of €223,000, indicating an overpriced situation with a €26,000 gap, reflecting a 10.3% downside versus the asking price; confidence in this fair value is medium. The estimated gross rental yield is 3.6%.
The property's fair value is established through a Transaction model using real transaction data from 402 sales in Póvoa de Varzim and an Adjusted asking-price model based on current listings. These models are combined in a balanced approach, each contributing 50% to the final valuation. No conservative adjustments were necessary for this property. The resulting fair value is €223,000, which indicates that the asking price is €249,000. In comparison, the fair asking price is €241,000; thus, the asking price is above the fair value, with a downside of 10.3%. The confidence level in this valuation is medium.
Gross yield 3.6% (before costs)
No specific strategy stands out for this property.
The asking price of €249,000 is above the fair value of €223,000, indicating a 10.3% downside versus the asking price. The property has a condition rating of 72/100, which suggests it is in reasonable shape, but the location scores only 50/100, indicating potential concerns about the neighborhood. Investors should weigh these factors carefully, as they reflect on the overall value proposition of the investment.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50 and tenant stability score of 50 indicate a potential risk since both scores are at a moderate level, suggesting uncertainty in rental demand and occupancy rates for the property.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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