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. Noteworthy Features: The apartment boasts a rooftop terrace with a private swimming pool and stunning views, enhancing the outdoor living experience in a vibrant, coastal setting.
The valuation. The asking price of €570,000 exceeds the fair value of €367,250 by €202,750 (35.6%). This property is not a sound investment due to its overpriced status.
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 €590,358 (€3,226/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.
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.
Portimão, Portimão, Faro
Area baseline €590,358 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · bf27d5 | Subject | €570,000 | €3,115 | — | 80 | 74 |
| Portimão · 65a3e1 | Active | €1,400,000 | €10,606 | 240.5% | 80 | 68 |
| rua Júdice Biker | Active | €385,000 | €2,939 | 5.6% | 75 | 72 |
| ladeira do Vau | Active | €310,000 | €3,263 | 4.8% | 76 | 73 |
| Portimão · 9568d9 | Active | €730,000 | €4,932 | 58.4% | 80 | 73 |
| Median comp | €557,500 | €4,098 | 31.6% | 78 | 73 |
Short-term vacation rental This property is overpriced by 35.6% compared to its fair value, making it a risky investment for a short-term vacation rental strategy given the current competitive market in Portimão. With a gross yield of 0%, the potential returns do not justify the high purchase price in a location heavily influenced by tourism. Family rental Despite adequate educational access and a decent neighbourhood score of 74/100, the property’s 35.6% gap from fair value indicates it is overpriced for family rental purposes. The investment's appeal diminishes significantly due to the absence of a rental yield and high acquisition costs. Buy-and-hold The buy-and-hold strategy for this 3-bed apartment is compromised by its valuation being 35.6% above fair value, suggesting that long-term capital appreciation will be challenging in this overpriced market. Additionally, the current condition rating of 84/100 does not offset the financial strain posed by the elevated purchase price, hindering profitability in the long run.
Economic Volatility Risk While the property has a decent economic stability score of 65/100, this indicates potential fluctuations in market conditions that could impact rental income and property value.;
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
