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 contemporary open-plan living area with abundant natural light, complemented by high-end finishes and ample storage space throughout.
The valuation. The asking price of €620,000 significantly exceeds the fair value of €118,632, resulting in an astonishing gap of €501,368 (80.9%). This suggests that the property is overpriced, which could hinder potential returns. Buy-to-flip angle. A buy-and-flip strategy could be challenging due to the property's high valuation compared to fair market value, requiring significant appreciation to achieve profit. Investors may need to consider substantial renovations or market shifts to realize a return on investment. Buy-to-let angle. With an estimated monthly rental income of €775, the gross yield stands at only 1.5%, indicating low returns from a buy-to-let strategy. This minimal income may not justify the initial investment, especially given the property’s pricing and market conditions.
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 €94,435 (€1,717/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. Full condition report →
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. Full location report →
rua Dom Carlos I, 53
Area baseline €94,435 + 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.
Short-term vacation rental The property is overpriced with a significant gap versus its fair value of €118,632, making it a non-viable option for investment in the short-term vacation rental market. The low yield of 1.5% indicates that even in a tourist-heavy area, the potential return does not justify the high purchase price. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable, given its overpriced nature with a valuation gap of 80.9% against fair value. The property lacks the long-term perspective needed for a buy-and-hold investment due to its unsuitable yield of 1.5%. Long-term rental Entering the long-term rental market with this overpriced apartment would likely yield disappointing returns, as evidenced by the gross yield of only 1.5%. The property being valued significantly above fair value indicates that it would not serve as a sound long-term investment option.
Market Vulnerability There is a risk of increased vacancy rates due to the economic stability score of 70/100, which suggests potential economic fluctuations affecting tenant retention.
