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 70 m², built in 2000, energy rating D. Located on avenida das Comunidades Lusíadas, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts dual balconies offering stunning views of both Praia da Rocha and Serra de Monchique, enhancing its coastal charm and natural beauty.
The valuation. The asking price of €395,000 is significantly above the fair value of €132,624, representing a premium of €262,376 (66.4%). This property is overpriced and not a financially sound investment option.
Fair value modelled at €132,624 from the area baseline, adjusted for condition and location. Asking €395,000 sits €262,376 (66.4%) above — overpriced versus fair value.
Asking €395,000 versus the avenida das Comunidades Lusíadas area baseline of €226,660 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 76 · Materials 75 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 80 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida das Comunidades Lusíadas
Area baseline €226,660 + condition -€547 + location +€12,981 = modelled fair value of €132,624 (€1,895/m²), a €262,376 (66.4%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida das Comunidades Lusíadas | Subject | €395,000 | €5,643 | — | 76 | 77 |
| avenida das Comunidades Lusíadas | Active | €369,000 | €4,146 | 26.5% | 75 | 73 |
| avenida Tomás Cabreira | Active | €325,000 | €4,392 | 22.2% | 70 | 71 |
| Alvor · ba3dfa | Active | €229,900 | €3,537 | 37.3% | 68 | 67 |
| Portimão · b7b821 | Active | €329,000 | €5,141 | 8.9% | 70 | 71 |
| Median comp | €327,000 | €4,269 | 24.3% | 70 | 71 |
Short-term vacation rental The property is overpriced at €395,000 compared to a fair value of €132,624, creating a significant gap of 66.4%. Even in a popular tourist area like Portimão, the gross yield of 2.9% does not justify this premium price. Buy-and-hold With a fair value assessment indicating the property is overpriced, the growth potential for long-term appreciation appears limited. The combination of a low yield and high acquisition cost adds further risk, making this strategy less compelling. Long-term rental At €395,000, this property exceeds fair value by 66.4%, undermining its attractiveness for long-term rental investment. With a gross yield of only 2.9%, the returns do not support the high initial investment in this case.
Economic Vulnerability The property faces a financial risk with an economic stability score of 65/100, indicating potential fluctuations in market conditions that could impact rental income. Tenant Vulnerability The tenant stability score of 75/100 suggests a moderate risk of tenant turnover with an above-average likelihood of lease terminations or vacancies.
