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: The apartment boasts two balconies offering unobstructed views of Praia da Rocha and the Serra de Monchique, enhancing the overall living experience with natural light and scenery.
The valuation. The asking price of €395,000 is substantially higher than the fair value of €143,715, indicating the property is overpriced by €251,285 (63.6%). Buy-to-flip angle. A resale strategy focused on short-term vacation rentals could capitalize on seasonal demand, although the current valuation limits potential profit margins. Buy-to-let angle. With a gross yield of 2.9% from an estimated monthly rental income of €955, the property may provide steady, albeit modest, long-term income for investors.
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 €120,190 (€1,717/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. Full condition report →
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. Full location report →
avenida das Comunidades Lusíadas
Area baseline €120,190 + 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.
Short-term vacation rental The 1-bed apartment in Portimão, listed at €395,000, is overpriced compared to its fair value of €143,715, presenting a significant gap of 63.6%. With a gross yield of 2.9%, the property may struggle to deliver satisfactory returns in the competitive short-term rental market. Buy-and-hold Investing in this 1-bed apartment is not advisable, as its price significantly exceeds the fair market value, representing a gap of 63.6%. Even though it is in a tourist-friendly area, the expected yield of 2.9% does not justify the high entry cost. Long-term rental The current listing price of €395,000 for the apartment is clearly above the fair value of €143,715, indicating a 63.6% overvaluation. This misalignment, coupled with a low gross yield of 2.9%, suggests that the property may not generate adequate long-term rental income in relation to its price.
Economic vulnerability With an economic stability score of 65/100, there is a significant risk of fluctuating economic conditions affecting tenant demand and rental income.
