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 studio of 48 m², built in 1994, energy rating E. Located on avenida das Comunidades Lusíadas, 3, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The south-facing balcony enhances outdoor living, offering exceptional sun exposure and scenic views, ideal for relaxation and entertaining guests in a vibrant atmosphere.
The valuation. The asking price of €195,000 sits significantly above the fair value of €87,495, resulting in a difference of €107,505 or 55.1%. Verdict: overpriced.
Fair value modelled at €87,495 from the area baseline, adjusted for condition and location. Asking €195,000 sits €107,505 (55.1%) above — overpriced versus fair value.
Asking €195,000 versus the avenida das Comunidades Lusíadas, 3 area baseline of €155,424 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 71 · Materials 77 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida das Comunidades Lusíadas, 3
Area baseline €155,424 + condition -€525 + location +€5,604 = modelled fair value of €87,495 (€1,823/m²), a €107,505 (55.1%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida das Comunidades Lusíadas, 3 | Subject | €195,000 | €4,063 | — | 71 | 67 |
| avenida Comunidades Lusíadas, 1 | Active | €215,000 | €3,909 | 3.8% | 74 | 73 |
| urbanização Clube do Vau Vau | Active | €270,000 | €4,154 | 2.2% | 75 | 70 |
| Portimão · ba39cf | Active | €280,000 | €3,944 | 2.9% | 70 | 69 |
| Portimão · 49b8f0 | Active | €255,000 | €4,722 | 16.2% | 75 | 81 |
| Median comp | €262,500 | €4,049 | 0.3% | 75 | 72 |
Short-term vacation rental The current listing price of €195,000 for the studio in Portimão indicates an overpricing of 55.1% compared to its fair value of €87,495. With a gross yield of only 4.9%, this investment lacks the potential to deliver attractive returns in the competitive vacation rental market. Buy-and-hold At €195,000, this property is overpriced and does not align with the fair value estimate of €87,495, leading to a significant discrepancy of 55.1%. The current yield of 4.9% does not justify the investment in a buy-and-hold strategy when considering the risks involved. Luxury market The studio's asking price of €195,000 signifies it is overpriced by 55.1% against a fair valuation of €87,495, diminishing its appeal in the luxury segment. Furthermore, the condition rating of 74/100 and neighborhood rating of 67/100 suggest that it lacks the exclusivity typically sought in luxury properties.
Economic downturn risk The economic stability score of 60/100 suggests a potential vulnerability to economic downturns, which could affect rental income and tenant retention.
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