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 37 m², built in 1987, energy rating C. Located Portimão parish, Portimão municipality, Faro district. This apartment features an active AL license, ensuring immediate potential for rental income while offering a stunning river view that enhances both lifestyle and investment appeal.
The valuation. The asking price of €230,000 is significantly above the fair value of €68,034, reflecting a premium of €161,966, or 70.4%. This valuation suggests the property is overpriced based on current market conditions.
Fair value modelled at €68,034 from the area baseline, adjusted for condition and location. Asking €230,000 sits €161,966 (70.4%) above — overpriced versus fair value.
Asking €230,000 versus the Portimão, Portimão, Faro area baseline of €63,529 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €63,529 + condition +€694 + location +€3,812 = modelled fair value of €68,034 (€1,839/m²), a €161,966 (70.4%) gap versus the €230,000 asking price.
Short-term vacation rental The property’s anticipated gross yield of 3.8% is not compelling given the significant gap of 70.4% between the listing price of €230,000 and the fair value of €68,034. Additionally, while the Algarve is popular with tourists, the property’s location and neighborhood ratings do not justify its current asking price. Long-term rental The 3.8% gross yield suggests limited potential for rental income relative to the €230,000 price point, especially when compared to the fair value of €68,034. In addition, the neighborhood's average ratings indicate that this investment may not attract quality tenants, potentially leading to challenges in maintaining consistent occupancy. Family rental With a gross yield of only 3.8% and a significant overpricing issue, the property may struggle to meet family needs in terms of space and community amenities. The neighborhood’s lower overall ratings suggest that it might not be appealing for families seeking a suitable long-term rental option in Portimão.
Economic Vulnerability The property is at risk due to the low economic stability score of 55/100, indicating potential fluctuations in the local market that could threaten tenant demand and rental income.
