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 61 m², built in 1991, energy rating E. Located on rua da Vila Rosa, 12, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a dedicated private parking space and access to a community swimming pool, enhancing its appeal for both investors and residents alike.
The valuation. The asking price of €247,500 exceeds the fair value of €92,854 by €154,646, or 62.5%. This property is considered overpriced based on its current market conditions.
Fair value modelled at €92,854 from the area baseline, adjusted for condition and location. Asking €247,500 sits €154,646 (62.5%) above — overpriced versus fair value.
Asking €247,500 versus the rua da Vila Rosa, 12 area baseline of €104,737 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 60 · Materials 55 · Room dimensions 56). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 75 · Amenities 70 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua da Vila Rosa, 12
Area baseline €104,737 + condition -€18,586 + location +€6,703 = modelled fair value of €92,854 (€1,522/m²), a €154,646 (62.5%) gap versus the €247,500 asking price.
Short-term vacation rental The property in Portimão is not ideal for a short-term vacation rental given its gross yield of 3.9%, which is relatively low in a competitive tourist market. Additionally, with a significant gap of 62.5% from its fair value of €92,854, the high asking price suggests it may not generate sufficient returns for this strategy. Long-term rental Investing in this property as a long-term rental may prove challenging since the asking price of €247,500 significantly exceeds the fair value, indicating it is overpriced. The average condition score of 56/100 further suggests that ongoing maintenance costs could erode potential rental income. Buy-and-hold Adopting a buy-and-hold strategy for this apartment is questionable since the property is marked as overpriced with a valuation gap of 62.5%, making it unlikely to appreciate sufficiently in the long term. The average condition and neighborhood ratings indicate that while the area may attract some renters, the overall investment does not provide a solid foundation for growth.
Economic and Tenant Stability Risk With both Economic Stability and Tenant Stability scores at 60/100, there is an increased risk of fluctuations in rental income and potential vacancy, indicating a less stable investment environment.