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 60 m², energy rating E. Located Portimão parish, Portimão municipality, Faro district. Features: This apartment includes a private parking space for two vehicles, complemented by 24-hour security, enhancing both convenience and safety for residents and guests alike.
The valuation. The asking price of €135,000 sits €14,472 (10.7%) above the fair value of €120,528, indicating that the property is overpriced. A careful analysis suggests potential buyers may want to negotiate downward to achieve fair market pricing.
Fair value modelled at €111,262 from the area baseline, adjusted for condition and location. Asking €135,000 sits €23,738 (17.6%) above — overpriced versus fair value.
Asking €135,000 versus the Portimão, Portimão, Faro area baseline of €103,020 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 76 · Materials 74 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Portimão, Portimão, Faro
Area baseline €103,020 + condition +€0 + location +€8,242 = modelled fair value of €111,262 (€1,854/m²), a €23,738 (17.6%) gap versus the €135,000 asking price.
Short-term vacation rental While the potential yield of 6.8% gross might initially seem appealing, the property is overpriced by 10.7% compared to its fair value of €120,528, making it a less attractive investment in a competitive vacation rental market. Given the condition and neighborhood scores, the immediate profitability may not justify the initial purchase price in the long run. Buy-and-hold The 1-bed apartment's listing price of €135,000 exceeds its fair value by 10.7%, indicating that it is overvalued and may deliver disappointing returns for long-term capital appreciation. Additionally, with the neighborhood's rating of 70/100 and the property condition at 75/100, potential price appreciation could be limited due to the elevated entry cost. Family rental As a family rental option, the apartment's listing price is overpriced by 10.7%, which could deter potential tenants seeking affordable housing in the area. The combination of a reasonable yield and mid-tier neighborhood ratings does not outweigh the financial burden posed by the inflated price tag. Not ideal for: Student housing, Luxury market, Industrial investments Due to the property's current price point and market conditions, it is not a suitable investment for student housing, the luxury market, or industrial investments, where lower yields and higher risks may prevail.
Tenant Default Risk The tenant stability score of 70/100 indicates a potential risk of default, which could impact rental income and overall property value.
