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: Enjoy the exclusivity of a private balcony off the master suite, perfect for tranquil mornings with unobstructed ocean views, and take advantage of on-site parking and condominium amenities like a swimming pool.
The valuation. The asking price of €460,000 is significantly above fair value, which is assessed at €336,252. This represents an overage of €123,748 or 26.9%, indicating the property is overpriced.
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 €286,739 (€1,717/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. Full condition report →
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. Full location report →
Portimão, Portimão, Faro
Area baseline €286,739 + 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.
Long-term rental The current listing price of €460,000 is 26.9% above the fair value of €336,252, indicating the property is overpriced. With a gross yield of only 4.2%, the long-term rental strategy may not deliver sufficient returns in light of this premium pricing. Short-term vacation rental Given that the property is overpriced at €460,000, the yield of 4.2% does not justify the investment for short-term vacation rentals. The reliance on tourism for economic stability further complicates the strategy, as it could be vulnerable to market fluctuations. Buy-and-hold Investing in a buy-and-hold strategy is less appealing for this property priced at €460,000 due to the 26.9% gap from fair value. The combination of a relatively low yield and the property's condition and neighborhood ratings suggests limited upside potential over the long term.
Economic Risk The economic stability score of 60/100 indicates potential fluctuations in the local economy that could impact property value and tenant retention.**
