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, 2-bathroom apartment of 71 m². Located Portimão parish, Portimão municipality, Faro district. This loft uniquely combines historic charm with contemporary design, featuring abundant natural light, high-quality wooden finishes, and a private patio that offers rare urban parking.
The valuation. The asking price of €355,000 is significantly above the fair value of €137,981, creating a disparity of €217,019 (61.1%). This property is clearly overpriced based on current market conditions.
Fair value modelled at €137,981 from the area baseline, adjusted for condition and location. Asking €355,000 sits €217,019 (61.1%) above — overpriced versus fair value.
Asking €355,000 versus the Portimão, Portimão, Faro area baseline of €229,898 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €229,898 + condition +€3,883 + location +€12,191 = modelled fair value of €137,981 (€1,943/m²), a €217,019 (61.1%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 38acd7 | Subject | €355,000 | €5,000 | — | 75 | 75 |
| Portimão · 25f60f | Active | €355,000 | €3,550 | 29.0% | 76 | 65 |
| Portimão · 956a24 | Active | €500,000 | €4,808 | 3.8% | 70 | 67 |
| Portimão · 6d5358 | Active | €320,000 | €4,571 | 8.6% | 73 | 72 |
| Ferragudo · 25f85f | Active | €415,000 | €2,964 | 40.7% | 76 | 73 |
| Median comp | €385,000 | €4,061 | 18.8% | 75 | 70 |
Short-term vacation rental The 1-bed apartment in Portimão is priced at €355,000, significantly overvalued compared to its fair value of €137,981, resulting in a substantial gap of 61.1%. With a gross yield of only 2.6%, the financial performance of this property suggests that it is not an ideal investment for short-term vacation rentals despite the attractive location near beaches. Luxury market The current asking price for this apartment is €355,000, which reflects a 61.1% premium over its fair value of €137,981, indicating an overpriced status. Given the property's condition rating of 79/100, it may struggle to attract luxury buyers in a competitive market, particularly when yield potential is limited to 2.6%. Buy-and-hold At €355,000, the apartment is clearly overpriced with a significant gap of 61.1% when compared to its fair value of €137,981. The 2.6% gross yield and moderate conditions do not support a long-term buy-and-hold strategy, suggesting that capital appreciation would be difficult to achieve in this scenario.
Economic Vulnerability The investment risk is heightened due to the economic stability score of 65/100, indicating potential fluctuations in market conditions that could impact rental income.
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