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 80 m², built in 2006, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property boasts a high-quality kitchen renovation with modern appliances and a fully furnished interior, ideal for immediate rental or personal use.
The valuation. The asking price of €290,000 sits €170,052 (58.6%) above the fair value of €119,948, indicating that this property is overpriced. Buyers should approach with caution given this significant markup.
Fair value modelled at €119,948 from the area baseline, adjusted for condition and location. Asking €290,000 sits €170,052 (58.6%) above — overpriced versus fair value.
Asking €290,000 versus the Portimão, Portimão, Faro area baseline of €137,360 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 (Condition 55 · Materials 54 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 77 · Amenities 70 · Economic 68 · Tenant Quality 73). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €137,360 + condition -€29,500 + location +€12,088 = modelled fair value of €119,948 (€1,499/m²), a €170,052 (58.6%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 25f659 | Subject | €290,000 | €3,625 | — | 55 | 72 |
| Portimão · 82c88e | Active | €247,500 | €4,057 | 11.9% | 60 | 75 |
| Portimão · 8936c2 | Active | €292,000 | €4,867 | 34.3% | 68 | 70 |
| avenida das Comunidades Lusíadas | Active | €215,000 | €5,119 | 41.2% | 48 | 73 |
| avenida Tomás Cabreira | Active | €369,000 | €4,100 | 13.1% | 55 | 75 |
| Median comp | €269,750 | €4,484 | 23.7% | 58 | 74 |
Short-term vacation rental The property is overpriced by 58.6% compared to its fair value of €119,948, which significantly diminishes its potential for generating short-term vacation rental income. With a gross yield of only 3.6% and a condition rating of 51/100, the investment lacks appeal in a competitive market known for tourism. Long-term rental Due to its current listing price of €290,000, this property is not positioned for successful long-term rental opportunities, as the high price creates a barrier for potential tenants. Although the neighborhood rating is 72/100, the gross yield of 3.6% suggests an unfavorable return on investment in today’s market. Buy-and-hold The significant gap between the listed price and fair value indicates that holding this property for appreciation is questionable, given the overvaluation of 58.6%. While the location in Portimão offers promising tourism potential, the current price undermines long-term investment returns.
Economic Vulnerability The economic stability score of 68/100 suggests a moderate risk of local economic downturn affecting property value and rental income.
