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 property features a large balcony perfect for outdoor relaxation, and its double-glazed aluminum frames enhance both thermal and acoustic comfort in the living spaces.
The valuation. The asking price of €285,000 is significantly above the fair value of €183,866, marking an overvaluation of €101,134 (35.5%). This property is therefore considered overpriced within the current market context.
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 €351,634 (€3,226/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.
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.
Portimão, Portimão, Faro
Area baseline €351,634 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · bf2a1f | Subject | €285,000 | €2,615 | — | 65 | 72 |
| Portimão · 6d53e6 | Active | €335,000 | €2,702 | 3.3% | 70 | 64 |
| Portimão · 25f918 | Active | €349,900 | €2,536 | 3.0% | 66 | 79 |
| rua Cidade de Gôa | Active | €315,000 | €2,716 | 3.9% | 53 | 70 |
| estrada de Alvor | Active | €265,000 | €1,893 | 27.6% | — | 71 |
| Median comp | €325,000 | €2,619 | 0.2% | 66 | 71 |
Short-term vacation rental The property in Portimão is overpriced, with a fair value of €183,866 compared to the listing price of €285,000, which represents a 35.5% gap. Despite the attractive vacation rental yield of 4.9%, the high entry price diminishes potential profitability for investors targeting this strategy. Buy-and-hold This property does not present a favorable buy-and-hold opportunity as the listing price exceeds its fair market value by a significant margin, creating a substantial risk for long-term capital appreciation. The 63/100 condition score indicates that while it may sell, ongoing maintenance costs could further strain returns. Family rental As a family rental, this apartment is overpriced and may struggle to attract quality tenants given the economic volatility associated with a tourism-driven market. With the neighborhood rating of 72/100, the potential for stable, long-term rentals is undermined by the high acquisition cost and relatively lower yield of 4.9%.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of economic decline, which could affect tenant retention and rental income stability.
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