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 house of 150 m², built in 1980, energy rating E. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a large rooftop terrace offering panoramic views and a garden that could be revitalized for outdoor enjoyment or potential landscaping opportunities.
The valuation. The asking price of €400,000 is significantly above the fair value of €201,982, resulting in an overpricing of €198,018 or 49.5%. This discrepancy underscores a lack of alignment with market realities.
Fair value modelled at €201,982 from the area baseline, adjusted for condition and location. Asking €400,000 sits €198,018 (49.5%) above — overpriced versus fair value.
Asking €400,000 versus the Portimão, Portimão, Faro area baseline of €483,900 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 (Condition 37 · Materials 50 · Room dimensions 52). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €483,900 + condition -€76,172 + location +€20,604 = modelled fair value of €201,982 (€1,347/m²), a €198,018 (49.5%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 937188 | Subject | €400,000 | €2,667 | — | 37 | 70 |
| Portimão · 38ba61 | Active | €350,000 | €4,667 | 75.0% | — | 72 |
| rua Projectada À Caldeira do Moinho | Active | €550,000 | €2,301 | 13.7% | — | 67 |
| Portimão · 6d54ac | Active | €485,000 | €3,050 | 14.4% | 55 | 70 |
| Portimão · 001a44 | Active | €269,500 | €2,246 | 15.8% | — | 67 |
| Median comp | €417,500 | €2,676 | 0.3% | 55 | 69 |
Short-term vacation rental The property in Portimão is priced at €400,000, significantly above its fair value of €201,982, representing a gap of 49.5%. With a gross yield of only 5.6% and a condition rating of 43/100, this investment is hindered by overpricing. Buy-and-hold Considering the substantial gap between the listing price and fair value, this property at €400,000 does not present a compelling buy-and-hold investment opportunity. The lower condition rating of 43/100 also suggests that potential maintenance costs may outweigh any gains from holding in this overpriced segment. Family rental While the property might cater to families, its listing price of €400,000 is starkly misaligned with the fair value of €201,982, marking it as overpriced. The neighbourhood's decent rating of 70/100 offers some potential; however, the high purchase cost significantly diminishes its appeal as a family rental investment.
Tenant turnover risk High tenant instability may arise due to a tenant stability score of 70/100, potentially leading to increased vacancy rates and management costs.
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