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 81 m², built in 1988, energy rating C. Located on rua do Impasse À do Poeta António Aleixo, Portimão parish, Portimão municipality, Faro district. This property features a functional pantry and a mini terrace, perfect for enjoying the Algarve climate.
The valuation. The asking price of €285,000 sits significantly above the fair value of €141,647, reflecting an overpricing of €143,353 (50.3%). Such a disparity indicates a lack of investment potential at this price point.
Fair value modelled at €141,647 from the area baseline, adjusted for condition and location. Asking €285,000 sits €143,353 (50.3%) above — overpriced versus fair value.
Asking €285,000 versus the rua do Impasse À do Poeta António Aleixo area baseline of €139,077 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 78 · Amenities 70 · Economic 65 · Tenant Quality 72). Strong amenities and housing-market momentum support a premium to baseline.
rua do Impasse À do Poeta António Aleixo
Area baseline €139,077 + condition -€9,113 + location +€11,682 = modelled fair value of €141,647 (€1,749/m²), a €143,353 (50.3%) gap versus the €285,000 asking price.
Short-term vacation rental The property is overpriced at €285,000, significantly surpassing the fair value of €141,647, resulting in a 50.3% premium. With a gross yield of only 3.9%, this investment lacks the financial viability expected in a competitive tourism-driven market. Buy-and-hold At a listing price of €285,000, the apartment presents a substantial gap of 50.3% compared to its fair value of €141,647, indicating a potential for stagnation rather than appreciation. Given its yield of 3.9%, long-term holding appears unwise in light of a neighborhood score of 71/100 that indicates only moderate desirability. Luxury market Although the apartment is positioned in a tourist-driven market, the asking price of €285,000 far exceeds the fair value of €141,647, revealing it to be overpriced by 50.3%. The current yield of 3.9% further suggests that this property does not meet the criteria typical for luxury investments, which usually demand higher returns. Not ideal for: Student housing, Industrial use
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of local economic downturns affecting tenant occupancy and rent levels.