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. Noteworthy Features: The property includes a garage and a terrace with outdoor spaces for leisure, enhancing its appeal for family gatherings and relaxation in the Algarve sun.
The valuation. The asking price of €650,000 sits €17,714 above the fair value of €632,286, indicating that the property is overpriced by 2.7%. This suggests limited potential for immediate price appreciation in the short term.
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 €551,157 (€1,717/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. Full condition report →
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. Full location report →
Portimão, Portimão, Faro
Area baseline €551,157 + 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.
Short-term vacation rental With a gross yield of 5.2% and a fair value gap of only 2.7%, this property is overpriced despite its potential to attract tourists in the Algarve. Given its average condition rating of 73/100 and neighborhood score of 70/100, the property may struggle to generate competitive returns in a volatile market. Long-term rental The property's gross yield of 5.2% indicates moderate rental potential, but with a fair value of €632,286, it is overpriced by 2.7%. The condition and neighborhood ratings suggest that while long-term rental may be feasible, the investment may not deliver desired returns due to inflated initial costs. Buy-and-hold Even as a buy-and-hold strategy in the attractive Algarve market, this property is overpriced with a valuation gap of 2.7% against its fair market value. The combined ratings of 73/100 for condition and 70/100 for the neighborhood indicate that long-term appreciation may not offset the premium you would pay for this investment.
Economic Vulnerability The property has an economic stability score of 65/100, indicating a risk due to potential fluctuations in the local economy that could affect rental income.
