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 €121,907 (€1,717/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 €121,907 + 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.
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.
