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.
2-bedroom, 2-bathroom apartment of 109 m², built in 2003, energy rating C. Located Portimão parish, Portimão municipality, Faro district. This apartment features a large balcony that offers serene views of the surrounding greenery, enhancing outdoor living options in a tranquil setting.
The valuation. The asking price of €285,000 is considerably above the fair value of €200,825, with a difference of €84,175 (29.5%). The property is objectively overpriced given the disparity in valuations.
Fair value modelled at €183,866 from the area baseline, adjusted for condition and location. Asking €285,000 sits €101,134 (35.5%) above — overpriced versus fair value.
Asking €285,000 versus the Portimão, Portimão, Faro area baseline of €187,153 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 65 · Materials 62 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 72/100 (Housing Market 78 · Amenities 75 · Economic 65 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Portimão, Portimão, Faro
Area baseline €187,153 + condition -€19,756 + location +€16,469 = modelled fair value of €183,866 (€1,687/m²), a €101,134 (35.5%) gap versus the €285,000 asking price.
Short-term vacation rental The property, priced at €285,000, is significantly above its fair value of €200,825, indicating it's overpriced by 29.5%. This elevated price can restrict potential returns, especially given the gross yield of 4.9% in a market reliant on seasonal tourism. Buy-and-hold With the property being priced 29.5% above its fair value, the long-term appreciation prospects are diminished. Holding onto an overpriced asset could lead to stagnant returns, particularly in the context of Portimão's tourist-driven economy. Family rental At €285,000, the property is overpriced relative to its fair value of €200,825, which may challenge its attractiveness as a family rental. The current yield of 4.9% is not compelling enough to justify the considerable premium on this asset in a moderately rated neighborhood.
Tenant turnover risk With a tenant stability score of 68/100, there is a moderate risk of tenant turnover that may lead to increased vacancy rates and associated costs.
