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, 1-bathroom apartment of 68 m², energy rating D. Located on avenida São João de Deus, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a balcony perfect for leisure moments and is ideally situated just steps away from the vibrant Portimão Municipal Market, enhancing urban living experience.
The valuation. The asking price of €249,000 sits significantly above the fair value of €141,516, resulting in a steep overvaluation of €107,484 (43.2%). The property is considered overpriced.
Fair value modelled at €130,898 from the area baseline, adjusted for condition and location. Asking €249,000 sits €118,102 (47.4%) above — overpriced versus fair value.
Asking €249,000 versus the avenida São João de Deus area baseline of €116,756 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 80 · Materials 75 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 73/100 (Housing Market 75 · Amenities 78 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
avenida São João de Deus
Area baseline €116,756 + condition +€3,400 + location +€10,742 = modelled fair value of €130,898 (€1,925/m²), a €118,102 (47.4%) gap versus the €249,000 asking price.
Short-term vacation rental The property is not positioned competitively for short-term vacation rentals, as it is priced 43.2% above its fair value of €141,516. With a gross yield of only 3.8%, the financial return is likely insufficient for this market segment. Buy-and-hold Investing in this property as a buy-and-hold strategy appears unwise due to its overpriced status at €249,000 compared to the fair value. The potential long-term appreciation does not justify the current acquisition price given the 78/100 condition rating and limited yield. Family rental The property may struggle to attract family renters due to its overpriced nature compared to its fair value, which hinders its cash flow potential. While the neighborhood scores a respectable 73/100, the high acquisition cost undermines the attractiveness for families seeking long-term housing. Not ideal for: Student housing, Luxury market, Industrial investment Potential investments in the student housing or luxury markets will not find favorable conditions here, as the property is overpriced and does not cater to those segments effectively. Similarly, the industrial investment focus is misaligned with the residential nature of this property.
Economic Vulnerability With an economic stability score of 65/100, there is a notable risk of downturns affecting property value and rental income stability.
