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.
3-bedroom, 4-bathroom house of 321 m², built in 2010, energy rating B. Located Portimão parish, Portimão municipality, Faro district. This property features a spacious and versatile garage that provides ample storage options, along with various outdoor terraces perfect for entertaining or relaxation.
The valuation. The asking price of €650,000 is significantly above the fair value of €582,710, indicating an overpricing of €67,290 (10.4%). This suggests that buyers may need to negotiate down to approach fair market value.
Fair value modelled at €582,710 from the area baseline, adjusted for condition and location. Asking €650,000 sits €67,290 (10.4%) above — overpriced versus fair value.
Asking €650,000 versus the Portimão, Portimão, Faro area baseline of €1,035,546 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €1,035,546 + condition -€12,539 + location +€44,093 = modelled fair value of €582,710 (€1,815/m²), a €67,290 (10.4%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 82c856 | Subject | €650,000 | €2,025 | — | 70 | 70 |
| rua Doutor Manuel Bentes | Active | €900,000 | €5,806 | 186.7% | 75 | 63 |
| Ferragudo · 25f5aa | Active | €850,000 | €3,025 | 49.4% | 75 | 73 |
| Ferragudo · 956e09 | Active | €850,000 | €3,025 | 49.4% | 75 | 64 |
| urbanização Cerro Ruivo, 4 | Active | €900,000 | €2,250 | 11.1% | 75 | 77 |
| Median comp | €875,000 | €3,025 | 49.4% | 75 | 69 |
Short-term vacation rental The property is overpriced with a asking price of €650,000 against a fair value of €582,710, creating a 10.4% gap. While the gross yield of 5.2% is decent, the condition rating of 73/100 and location ratings suggest this investment may not generate the expected returns compared to market opportunities. Long-term rental With a fair value of €582,710, the property’s listing at €650,000 indicates it is overpriced by 10.4%. The acceptable yield of 5.2% does not compensate for the elevated purchase price, making this option less appealing for consistent, long-term income. Buy-and-hold At a price of €650,000 versus a fair value of €582,710, the property is clearly overpriced by 10.4%. This investment strategy would face challenges due to the lower-than-ideal condition and neighbourhood ratings, which could hinder long-term appreciation prospects.
Economic Vulnerability With an economic stability score of 65/100, there is a substantial risk that economic fluctuations could negatively impact tenant retention and rental income stability.
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