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 55 m², energy rating E. Located on avenida Comunidades Lusíadas, 1, Portimão parish, Portimão municipality, Faro district. The apartment features a stylish kitchenette and a completely remodeled bathroom, enhancing both functionality and contemporary appeal in a prime location near Praia da Rocha.
The valuation. The asking price of €215,000 is significantly above fair value, which is assessed at €100,975, indicating an overvaluation of €114,025 (53.0%). This discrepancy suggests that potential buyers should approach with caution.
Fair value modelled at €100,975 from the area baseline, adjusted for condition and location. Asking €215,000 sits €114,025 (53.0%) above — overpriced versus fair value.
Asking €215,000 versus the avenida Comunidades Lusíadas, 1 area baseline of €94,435 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 74 · Materials 70 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Comunidades Lusíadas, 1
Area baseline €94,435 + condition -€2,148 + location +€8,688 = modelled fair value of €100,975 (€1,836/m²), a €114,025 (53.0%) gap versus the €215,000 asking price.
Short-term vacation rental The property in Portimão, priced at €215,000, is significantly overpriced with a 53.0% gap from its fair value of €100,975, making it a less attractive option for short-term rental investment. With a gross yield of only 4.4%, the potential returns do not justify the elevated purchase price. Buy-and-hold Investing in this one-bedroom apartment for long-term holding may not be advisable, given its 53.0% mark above fair value, suggesting that buyers could face challenges in realizing optimal growth. Additionally, with a condition rating of 73/100, the property does not present the kind of investment quality expected for long-term appreciation. Family rental The listing at €215,000 highlights a concerning level of overpricing in relation to its fair value, which could hinder profitability for family rental purposes. The provided yield of 4.4% is unlikely to attract families seeking affordable housing in Portimão. Not ideal for The apartment is not suitable for student housing or the luxury market due to its overpriced status and average ratings in condition and neighborhood quality. Prospective investors should consider these factors before making a purchase decision.
Economic Vulnerability The economic stability score of 65/100 suggests a potential risk due to possible economic fluctuations impacting tenant retention and rental income stability.
