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.
1-bedroom, 1-bathroom apartment of 63 m², built in 1972. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes an exclusive terrace, enhancing outdoor living space, and is strategically located just minutes from Portimão's riverside and Rocha Beach, amplifying its appeal.**
The valuation. The asking price of €265,000 is significantly above the fair value of €114,245, representing an overvaluation of €150,755 (56.9%). This suggests the property is overpriced, making it a less attractive investment opportunity.
Fair value modelled at €114,245 from the area baseline, adjusted for condition and location. Asking €265,000 sits €150,755 (56.9%) above — overpriced versus fair value.
Asking €265,000 versus the Portimão, Portimão, Faro area baseline of €203,994 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 72 · Materials 77 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 80 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €203,994 + condition -€3,445 + location +€9,519 = modelled fair value of €114,245 (€1,813/m²), a €150,755 (56.9%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 6f41ee | Subject | €265,000 | €4,206 | — | 72 | 72 |
| rua das Oliveiras, 49A | Active | €218,000 | €3,633 | 13.6% | 70 | 62 |
| rua Trabucho Alexandre, 16 | Active | €240,000 | €3,288 | 21.8% | 72 | 70 |
| Portimão · 38acd6 | Active | €230,000 | €6,216 | 47.8% | 74 | 65 |
| Portimão · 1e638b | Active | €211,720 | €5,293 | 25.8% | 75 | 72 |
| Median comp | €224,000 | €4,463 | 6.1% | 73 | 68 |
Short-term vacation rental Investing in this property for a short-term vacation rental strategy is not advisable given the significant 56.9% gap above fair value, which limits potential returns. Additionally, the gross yield of 3.5% does not justify the high purchase price, making it a less attractive option in a market driven by tourism. Family rental The family rental market may appear appealing due to the location's proximity to tourist amenities; however, the property’s fair value suggests it is overpriced by 56.9%. With a yield of only 3.5%, this property’s economic feasibility as a family rental does not meet the expectations for long-term value appreciation. Buy-and-hold Considering a buy-and-hold strategy for this property is not recommended because it is overpriced at €265,000 compared to the fair value of €114,245, reflecting a concerning 56.9% premium. The stagnant yield of 3.5% diminishes the attractiveness of holding this asset for future appreciation in a competitive market. Not ideal for: Student housing, Luxury market This property is not suited for student housing or the luxury market, which typically require properties that can justify their costs above fair value, particularly in high-demand neighborhoods. The average scores of 72/100 for both condition and neighborhood suggest limited appeal for these demographics in an overpriced segment.
Economic Volatility Risk The economic stability score of 65/100 indicates a moderate risk of fluctuating market conditions that could impact rental income and property value.
