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.
2-bedroom, 3-bathroom duplex of 167 m², energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This duplex boasts unobstructed ocean views from both the main balcony and an exclusive upper suite balcony, enhancing the overall coastal living experience.
The valuation. The asking price of €460,000 is €149,539 (32.5%) above the fair value of €310,461, indicating the property is overpriced. This discrepancy suggests a lack of alignment with current market conditions.
Fair value modelled at €310,461 from the area baseline, adjusted for condition and location. Asking €460,000 sits €149,539 (32.5%) above — overpriced versus fair value.
Asking €460,000 versus the Portimão, Portimão, Faro area baseline of €540,746 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €540,746 + condition +€783 + location +€22,939 = modelled fair value of €310,461 (€1,859/m²), a €149,539 (32.5%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · dbd491 | Subject | €460,000 | €2,754 | — | 72 | 70 |
| Portimão · 6d53e6 | Active | €335,000 | €2,702 | 1.9% | 70 | 64 |
| beco António Vicente de Castro, 3 | Active | €550,000 | €2,657 | 3.5% | 80 | 73 |
| rua Dom Afonso V, 3 | Active | €550,000 | €2,466 | 10.5% | 75 | 73 |
| Portimão · 25f918 | Active | €349,900 | €2,536 | 8.0% | 66 | 79 |
| Median comp | €449,950 | €2,597 | 5.7% | 73 | 73 |
Long-term rental The 2-bed duplex in Portimão is currently listed at €460,000, which significantly exceeds its fair value of €310,461, resulting in a 32.5% gap. With a gross yield of only 4.2%, the property may not provide sufficient return to justify this inflated purchase price. Short-term vacation rental While the Algarve region attracts tourists, the property’s current listing price of €460,000 compared to a fair value of €310,461 indicates a worrying 32.5% premium. The yield of 4.2% suggests that even in a strong tourism market, the property’s potential for profitability is limited due to its high price point. Buy-and-hold Investing in this property as a buy-and-hold strategy at €460,000 is questionable, given the stark difference from its fair value of €310,461 and the resulting overvaluation of 32.5%. The gross yield of 4.2% further reinforces the notion that holding onto this property may yield insufficient financial returns over time.
Economic vulnerability A score of 60/100 in economic stability indicates potential fluctuations in the local economy that could impact tenant demand and rental income stability.
