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, 2-bathroom apartment of 183 m², built in 2026, energy rating A. Located Portimão parish, Portimão municipality, Faro district. This property boasts a spacious rooftop terrace with a private swimming pool, offering stunning views and an ideal space for outdoor entertaining and relaxation.
The valuation. The asking price of €570,000 significantly exceeds fair value at €395,931, resulting in an overvaluation of €174,069 (30.5%). This discrepancy indicates that potential buyers should seek alternatives that align more closely with fair market pricing.
Fair value modelled at €367,250 from the area baseline, adjusted for condition and location. Asking €570,000 sits €202,750 (35.6%) above — overpriced versus fair value.
Asking €570,000 versus the Portimão, Portimão, Faro area baseline of €314,211 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 80 · Materials 85 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Portimão, Portimão, Faro
Area baseline €314,211 + condition +€22,875 + location +€30,164 = modelled fair value of €367,250 (€2,007/m²), a €202,750 (35.6%) gap versus the €570,000 asking price.
Short-term vacation rental With a fair value of €395,931 and a listing price of €570,000, this property is significantly overpriced by 30.5%, which adversely affects the potential for profitable short-term rental returns. The absence of yield and the economic stability primarily influenced by tourism undermine the attractiveness of this investment strategy. Family rental Given that the apartment is listed at €570,000 while its fair value stands at €395,931, it is evident that the property is overpriced by 30.5%, limiting the appeal for long-term family rentals in the area. Despite a decent neighbourhood rating, the financial gap indicates that this investment does not align with the expected rental yield for family-centric accommodation. Buy-and-hold The property’s listing price of €570,000 exceeds the fair value of €395,931 by 30.5%, rendering it overpriced for a buy-and-hold strategy that typically relies on value appreciation over time. With no current yield and concerns about tenant turnover in a tourist-driven economy, the prospects for long-term capital gains seem limited due to the inflated asking price.
Economic Vulnerability The economic stability score of 65 indicates potential vulnerability to market fluctuations that could negatively impact rental income.
