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.
3-bedroom, 3-bathroom house of 187 m², built in 2010, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a spacious outdoor terrace with fruit trees, and a private closed garage, a rare find within the desirable Oasis Parque condominium.
The valuation. The asking price of €685,000 is significantly above the fair value of €357,930, representing an overvaluation of €327,070 (47.7%). This suggests that the property is overpriced for potential buyers looking for solid investment returns.
Fair value modelled at €357,930 from the area baseline, adjusted for condition and location. Asking €685,000 sits €327,070 (47.7%) above — overpriced versus fair value.
Asking €685,000 versus the Portimão, Portimão, Faro area baseline of €605,506 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 73 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €605,506 + condition +€13,733 + location +€23,118 = modelled fair value of €357,930 (€1,914/m²), a €327,070 (47.7%) gap versus the €685,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 0902f6 | Subject | €685,000 | €3,663 | — | 73 | 68 |
| Portimão · 38982d | Active | €290,000 | €3,580 | 2.3% | — | 70 |
| estrada do Belmonte S / N | Active | €665,000 | €4,890 | 33.5% | 70 | 63 |
| urbanização Sesmarias de Baixo Sesmarias | Active | €499,000 | €2,053 | 43.9% | 72 | 75 |
| Portimão · 65a674 | Active | €349,000 | €4,474 | 22.1% | 75 | 73 |
| Median comp | €424,000 | €4,027 | 9.9% | 72 | 72 |
Short-term vacation rental With an asking price of €685,000, this property does not align with the fair value of €357,930, resulting in a significant 47.7% overpriced gap. Furthermore, the absence of rental yield at 0% indicates that the property is not positioned well for a short-term vacation rental strategy in a competitive market. Buy-and-hold Investing in this property at €685,000 is unjustifiable, given the fair value estimate of €357,930, presenting a 47.7% disparity. The anticipated lack of capital appreciation and rental income risks make it unsuitable for a buy-and-hold investment approach. Luxury market Though situated in the desirable Algarve region, this property is overpriced at €685,000 compared to its fair value of €357,930, creating a 47.7% gap. Affordability issues within the luxury segment may deter potential buyers, yielding limited prospects for appreciation or appeal in this market. Not ideal for This property is not suitable for student housing due to inadequate amenities and high price relative to potential rental demand. Additionally, the economic and neighborhood conditions do not support industrial or agricultural investments, as the market is skewed towards tourism.
Moderate tenant turnover risk With both economic and tenant stability scores at 65/100, there may be a moderate risk of tenant turnover impacting rental income consistency and property value.
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