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 42 m², energy rating D. Located on avenida das Comunidades Lusíadas, Portimão parish, Portimão municipality, Faro district. Noteworthy Feature: Private parking is included, offering a valuable convenience in the highly sought-after area near Praia da Rocha, where off-street parking options are limited.
The valuation. The asking price of €215,000 is significantly above the fair value of €62,670, marking an overpricing of €152,330 (70.9%). This valuation indicates a poor investment relative to market conditions. Buy-to-flip angle. A buy-to-flip strategy would require significant renovations to increase appeal and market value, targeting a higher resale price after improvements. However, given the market dynamics, quick profits seem unrealistic. Buy-to-let angle. A rental income strategy could yield an estimated €788/month, resulting in a gross yield of 4.4%. Despite this, the property's dated condition may hinder tenant attraction and overall profitability.
Fair value modelled at €62,670 from the area baseline, adjusted for condition and location. Asking €215,000 sits €152,330 (70.9%) above — overpriced versus fair value.
Asking €215,000 versus the avenida das Comunidades Lusíadas area baseline of €72,114 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 (Condition 48 · Materials 52 · Room dimensions 57). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida das Comunidades Lusíadas
Area baseline €72,114 + condition -€16,078 + location +€6,634 = modelled fair value of €62,670 (€1,492/m²), a €152,330 (70.9%) gap versus the €215,000 asking price.
Short-term vacation rental The property is overpriced at €215,000 with a significant gap of 70.9% from its fair value of €62,670. Given its 4.4% gross yield, the investment may struggle to generate sufficient returns in the competitive vacation rental market. Buy-and-hold With a fair value of €62,670, the asking price of €215,000 indicates that this property is overpriced by 70.9%. The moderate condition rating of 51/100 further suggests that holding this property may not yield promising long-term capital appreciation. Value-add renovation While renovating the property could potentially enhance its appeal, the current asking price reflects an overvaluation of 70.9% above the fair value of €62,670. Buyers should carefully consider the financial implications of purchasing an overpriced asset before committing to renovation expenses.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of fluctuations that could affect rental income or property values.
