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 60 m², energy rating C. Located on rua das Oliveiras, 49A, Portimão parish, Portimão municipality, Faro district. The property boasts a large common terrace, ideal for entertaining and outdoor activities, enhancing its appeal for holiday rentals in a tranquil setting.
The valuation. The asking price of €218,000 exceeds the fair value of €100,465 by €117,535 (53.9%), indicating that this property is overpriced. Such a premium makes it a less appealing option for potential buyers looking for value.
Fair value modelled at €100,465 from the area baseline, adjusted for condition and location. Asking €218,000 sits €117,535 (53.9%) above — overpriced versus fair value.
Asking €218,000 versus the rua das Oliveiras, 49A area baseline of €194,280 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua das Oliveiras, 49A
Area baseline €194,280 + condition -€7,500 + location +€4,945 = modelled fair value of €100,465 (€1,674/m²), a €117,535 (53.9%) gap versus the €218,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Oliveiras, 49A | Subject | €218,000 | €3,633 | — | 70 | 62 |
| rua Trabucho Alexandre, 16 | Active | €240,000 | €3,288 | 9.5% | 72 | 70 |
| Portimão · 4a7fe2 | Active | €240,000 | €3,810 | 4.8% | 65 | 76 |
| rua do Impasse À do Poeta António Aleixo | Active | €285,000 | €3,519 | 3.2% | 70 | 71 |
| Portimão · 6f41ee | Active | €265,000 | €4,206 | 15.8% | 72 | 72 |
| Median comp | €252,500 | €3,665 | 0.9% | 71 | 72 |
Long-term rental The 2-bed apartment in Portimão is overpriced at €218,000, significantly exceeding its fair value of €100,465, creating a gap of 53.9%. With a gross yield of 4.5% and a median neighborhood condition rating of 62/100, it does not present an attractive long-term rental investment opportunity. Short-term vacation rental Given its price, the 2-bed apartment in Portimão is projected to be overpriced, with a fair value of only €100,465 compared to the listing of €218,000, reflecting a valuation gap of 53.9%. While its location benefits from proximity to Algarve's tourism economy, the property’s overall rating of 67/100 suggests that it may not satisfy the demand needed for successful short-term vacation rentals. Buy-and-hold At €218,000, this apartment in Portimão is clearly overpriced relative to its fair value of €100,465, exposing potential investors to a substantial valuation risk of 53.9%. Despite the potential for appreciation in a tourism-centric location, the property's condition and neighborhood ratings do not support a favorable buy-and-hold strategy at this price point.
Tenant turnover risk The tenant stability score of 55/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy rates and associated costs.
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