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 64 m², built in 1988, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Feature: This apartment features a spacious additional area in the living room currently utilized as an interior office, enhancing its versatility and functionality for modern living.
The valuation. The asking price of €329,000 is significantly above the fair value of €117,319, representing an overpricing of €211,681 (64.3%). This discrepancy indicates the property is overpriced for potential investors.
Fair value modelled at €117,319 from the area baseline, adjusted for condition and location. Asking €329,000 sits €211,681 (64.3%) above — overpriced versus fair value.
Asking €329,000 versus the Portimão, Portimão, Faro area baseline of €109,888 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 80 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 80 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €109,888 + condition -€1,800 + location +€9,231 = modelled fair value of €117,319 (€1,833/m²), a €211,681 (64.3%) gap versus the €329,000 asking price.
Short-term vacation rental The current listing price of €329,000 significantly exceeds the fair value of €117,319, indicating that this property is overpriced, which diminishes its attractiveness for short-term vacation rentals. With a low gross yield of 2.8%, there is little incentive for investment in a market that sees heightened seasonal demand but fails to justify this price point. Family rental At a price of €329,000, the property does not align with the fair value of €117,319, suggesting it is overpriced for family rental purposes. Given its average condition rating of 73/100 and a gross yield of merely 2.8%, this property is unlikely to provide a satisfactory return in a neighborhood that may have better-suited options. Buy-and-hold With an asking price of €329,000 against a fair value of €117,319, this property is overpriced for a buy-and-hold strategy, resulting in a significant gap that impacts long-term investment potential. The gross yield of 2.8% does not support the valuation, which may hinder cash flow and capital appreciation over time.
Economic Vulnerability The property's economic stability rating of 65 indicates potential fluctuations in the local economy that could impact rental income and property value.
