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 116 m², built in 1988, energy rating C. Located on rua Cidade de Gôa, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes a garage and benefits from efficient natural ventilation, ensuring a consistently comfortable climate throughout the year.
The valuation. The asking price of €315,000 exceeds the fair value of €179,400 by €135,600, representing a 43.0% overvaluation. This property is overpriced based on current market conditions and comparable sales.
Fair value modelled at €179,400 from the area baseline, adjusted for condition and location. Asking €315,000 sits €135,600 (43.0%) above — overpriced versus fair value.
Asking €315,000 versus the rua Cidade de Gôa area baseline of €374,216 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 53 · Materials 57 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 60 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Cidade de Gôa
Area baseline €374,216 + condition -€35,706 + location +€15,934 = modelled fair value of €179,400 (€1,547/m²), a €135,600 (43.0%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cidade de Gôa | Subject | €315,000 | €2,716 | — | 53 | 70 |
| estrada de Alvor | Active | €265,000 | €1,893 | 30.3% | — | 71 |
| Portimão · bf2a1f | Active | €285,000 | €2,615 | 3.7% | 65 | 72 |
| Portimão · 25f918 | Active | €349,900 | €2,536 | 6.6% | 66 | 79 |
| Portimão · de0c29 | Active | €230,000 | €2,840 | 4.6% | 60 | 70 |
| Median comp | €275,000 | €2,576 | 5.2% | 65 | 72 |
Short-term vacation rental The property in Portimão, priced at €315,000, is currently overpriced with a fair value of €179,400, indicating a significant gap of 43.0%. Given the gross yield of 4.4% and the condition rating of 55/100, the property may struggle to attract vacation renters looking for quality accommodations at a reasonable price. Long-term rental With a fair value of €179,400 against a listing price of €315,000, this property is overpriced by 43.0%, making it less appealing for long-term rental investors. The combination of a mediocre yield of 4.4% and the neighborhood score of 70/100 suggests that potential returns are likely limited given the current pricing. Buy-and-hold The 43.0% difference between the listing price and the fair value of €179,400 indicates that this buy-and-hold investment is overpriced at €315,000. This premium price, along with a moderate yield of 4.4% and a condition rating of 55/100, raises concerns about the long-term viability of this property as an investment asset.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of fluctuations that could impact rental income and property value.
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