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 63 m², built in 1882, energy rating C. Located on rua dos Lusíadas, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts stunning river views from both the spacious balcony and living room, enhancing its appeal for relaxation and social gatherings.
The valuation. The asking price of €255,000 is significantly above the fair value of €122,770, indicating the property is overpriced by €132,230 (51.9%). This suggests a lack of value for potential investors.
Fair value modelled at €122,770 from the area baseline, adjusted for condition and location. Asking €255,000 sits €132,230 (51.9%) above — overpriced versus fair value.
Asking €255,000 versus the rua dos Lusíadas area baseline of €203,994 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 78 · Amenities 70 · Economic 58 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua dos Lusíadas
Area baseline €203,994 + condition +€5,512 + location +€9,086 = modelled fair value of €122,770 (€1,949/m²), a €132,230 (51.9%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Lusíadas | Subject | €255,000 | €4,048 | — | 78 | 71 |
| rua de São Tomé e Príncipe, 31 | Active | €238,000 | €5,289 | 30.7% | 80 | 70 |
| Portimão · 82c682 | Active | €229,000 | €4,978 | 23.0% | 75 | 74 |
| Portimão · 49b7ed | Active | €310,000 | €4,493 | 11.0% | 80 | 68 |
| Portimão · 1e638b | Active | €211,720 | €5,293 | 30.8% | 75 | 72 |
| Median comp | €233,500 | €5,134 | 26.8% | 78 | 71 |
Short-term vacation rental The property’s listing price of €255,000 represents a significant premium over its fair value of €122,770, indicating that it is overpriced. With a gross yield of just 3.9%, the potential returns from a vacation rental strategy may not justify the initial investment cost. Long-term rental At a listing price that is 51.9% above fair value, buying this apartment for long-term rental would result in a suboptimal rent-to-price ratio. The gross yield of 3.9% suggests that long-term rental income would not adequately support the high purchase price. Buy-and-hold Investing in the property as a buy-and-hold strategy is not advisable due to its significant overvaluation compared to fair market value. The gross yield of 3.9% indicates that long-term growth prospects and returns are unlikely to compensate for the extra financial outlay required to secure this investment.
Economic Vulnerability The economic stability score of 58 indicates a moderate risk of fluctuations in market conditions that may impact rental income and property value.
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