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 46 m², energy rating C. Located Portimão parish, Portimão municipality, Faro district. This apartment features a panoramic balcony with views of the Monchique Mountains, enhancing its appeal as a bright and modern living space.
The valuation. The asking price of €229,000 is significantly higher than the fair value of €96,074, reflecting an overpricing of €132,926 (58.0%). This places the property outside a reasonable investment range.
Fair value modelled at €88,864 from the area baseline, adjusted for condition and location. Asking €229,000 sits €140,136 (61.2%) above — overpriced versus fair value.
Asking €229,000 versus the Portimão, Portimão, Faro area baseline of €78,982 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 74/100 (Housing Market 75 · Amenities 78 · Economic 65 · Tenant Quality 72). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Portimão, Portimão, Faro
Area baseline €78,982 + condition +€2,300 + location +€7,582 = modelled fair value of €88,864 (€1,932/m²), a €140,136 (61.2%) gap versus the €229,000 asking price.
Short-term vacation rental Despite Portimão's strong tourist appeal, the property is overpriced at €229,000 compared to a fair value of only €96,074, creating a substantial 58% gap. This high premium diminishes potential returns, making the yield of 4.2% unattractive for short-term rental investors in a competitive market. Buy-and-hold While the neighborhood holds decent amenities and an average tenant quality, the current valuation of €229,000 greatly exceeds the fair value of €96,074, resulting in a significant pricing discrepancy. Holding this property in hopes of appreciation may prove risky given its overpriced status and the stagnation of capital growth in the area. Family rental With a condition rating of 78/100 and a neighborhood score of 74/100, this property could appeal to families, but the high listing price of €229,000 is overpriced in relation to its fair value of €96,074. This disconnect undermines the investment potential for a family rental strategy, as the inflated price reduces expected cash flow and returns.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in market conditions that could lead to decreased rental income.
