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, 1-bathroom apartment of 55 m², energy rating B. Located on rua Dom Carlos I, 53, Portimão parish, Portimão municipality, Faro district. This apartment features a modern kitchen with high-end appliances and an integrated laundry space, enhancing practicality and efficiency for everyday living.
The valuation. The asking price of €620,000 is significantly above the fair value of €109,980, representing a premium of €510,020 (82.3%). This property is overpriced. Buy-to-flip angle. A resale strategy could involve upgrading the apartment to appeal to buyers in the lucrative tourism market, realizing profits within 6-12 months. Buy-to-let angle. With a gross yield estimated at 1.5% (€775/month), this property could serve as a long-term rental, catering to the steady demand from tourists in Portimão.
Fair value modelled at €109,980 from the area baseline, adjusted for condition and location. Asking €620,000 sits €510,020 (82.3%) above — overpriced versus fair value.
Asking €620,000 versus the rua Dom Carlos I, 53 area baseline of €177,430 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom Carlos I, 53
Area baseline €177,430 + condition +€6,102 + location +€9,444 = modelled fair value of €109,980 (€2,000/m²), a €510,020 (82.3%) gap versus the €620,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Carlos I, 53 | Subject | €620,000 | €11,273 | — | 80 | 75 |
| Portimão · 1e638e | Active | €285,946 | €4,766 | 57.7% | 75 | 75 |
| Portimão · dee59b | Active | €375,000 | €4,934 | 56.2% | 70 | 75 |
| rua das Amendoeiras | Active | €295,000 | €2,757 | 75.5% | 70 | 71 |
| Portimão · 090095 | Active | €495,000 | €3,536 | 68.6% | 75 | 75 |
| Median comp | €335,000 | €4,151 | 63.2% | 73 | 75 |
Short-term vacation rental The current listing price of €620,000 represents an 82.3% gap from the fair value of €109,980, making it an unattractive option for short-term vacation rentals given the low yield of 1.5%. Despite Portimão's tourist-friendly amenities, the excessive pricing undermines potential profitability in this sector. Buy-and-hold Acquiring this 1-bed apartment at a price of €620,000 yields a gross return of only 1.5%, well below acceptable thresholds for stable long-term investments. With a significant gap of 82.3% from fair value, the buy-and-hold strategy is compromised by the overpricing of the asset. Long-term rental The €620,000 asking price far exceeds the fair value of €109,980, resulting in a meager gross yield of 1.5% which is insufficient for a viable long-term rental investment. The substantial 82.3% gap from fair value indicates that this property is not conducive to generating reliable rental income in the current market.
Potential Tenant Turnover The tenant stability score of 75/100 indicates a moderate risk of turnover, which could impact rental income stability in the long term.
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