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, 2-bathroom apartment of 71 m², built in 2026. Located Portimão parish, Portimão municipality, Faro district. This property features an elegant suite with a mezzanine closet and private balcony, enhancing its unique loft-style design and outdoor living appeal.
The valuation. The asking price of €355,000 is significantly above the fair value of €138,736, representing an excess of €216,264 or 60.9%. This property is considered overpriced.
Fair value modelled at €138,736 from the area baseline, adjusted for condition and location. Asking €355,000 sits €216,264 (60.9%) above — overpriced versus fair value.
Asking €355,000 versus the Portimão, Portimão, Faro area baseline of €229,898 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 82 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 50 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €229,898 + condition +€6,102 + location +€10,728 = modelled fair value of €138,736 (€1,954/m²), a €216,264 (60.9%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 99f0f0 | Subject | €355,000 | €5,000 | — | 78 | 72 |
| Portimão · 25f60f | Active | €355,000 | €3,550 | 29.0% | 76 | 65 |
| Portimão · dee648 | Active | €350,000 | €3,684 | 26.3% | 75 | 76 |
| avenida Tomás Cabreira | Active | €630,000 | €6,632 | 32.6% | 74 | 74 |
| urbanização Cerca do Moinho | Active | €475,000 | €2,896 | 42.1% | 73 | 64 |
| Median comp | €415,000 | €3,617 | 27.7% | 75 | 70 |
Short-term vacation rental This 1-bed apartment in Portimão is overpriced by 60.9% compared to its fair value of €138,736, making it a suboptimal investment for short-term vacation rentals, especially given its 0% gross yield. The property’s appeal is compromised by its high listing price, which outweighs the demand driven by Algarve's tourism. Long-term rental Given the significant gap between the listing price of €355,000 and the fair value of €138,736, this apartment is too expensive for long-term rental purposes, especially considering the 0% gross yield. The local market dynamics do not support the current asking price, limiting the potential financial stability of long-term tenants. Buy-and-hold Despite potential future appreciation, purchasing this apartment at its current price of €355,000 would be a speculative risk due to its valuation being 60.9% above fair value. The lack of yield and high price point suggest that it may not deliver the reliable cash flow typically desired in a buy-and-hold strategy.
Economic Vulnerability The economic stability score of 50/100 suggests potential vulnerability to market fluctuations, which may impact tenant demand and rental income.
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