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, 3-bathroom apartment of 131 m², built in 2025, energy rating B. Located on rua Júdice Biker, Portimão parish, Portimão municipality, Faro district. Key features: Experience high ceilings of 3 meters that enhance the apartment's spaciousness and brightness, along with a terrace boasting views of the Arade River and Historic Center.
The valuation. The asking price of €385,000 significantly exceeds the fair value of €251,271, resulting in an overpricing of €133,729 (34.7%). This substantial difference places the property in a less favorable financial position for prospective buyers.
Fair value modelled at €251,271 from the area baseline, adjusted for condition and location. Asking €385,000 sits €133,729 (34.7%) above — overpriced versus fair value.
Asking €385,000 versus the rua Júdice Biker area baseline of €224,927 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 65 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Júdice Biker
Area baseline €224,927 + condition +€6,550 + location +€19,794 = modelled fair value of €251,271 (€1,918/m²), a €133,729 (34.7%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Júdice Biker | Subject | €385,000 | €2,939 | — | 75 | 72 |
| Portimão · 0dcc96 | Active | €1,250,000 | €8,224 | 179.8% | 76 | 68 |
| Portimão · 65a3e1 | Active | €1,400,000 | €10,606 | 260.9% | 80 | 68 |
| Portimão · 6d51c7 | Active | €550,000 | €2,973 | 1.2% | 78 | 80 |
| Portimão · bf27d5 | Active | €570,000 | €3,115 | 6.0% | 80 | 74 |
| Median comp | €910,000 | €5,670 | 92.9% | 79 | 71 |
Short-term vacation rental The property, listed at €385,000, is 34.7% above the fair value of €251,271, making it difficult to justify as a profitable short-term vacation rental given the gross yield of just 3.1%. While the proximity to Algarve beaches is appealing, the high price relative to market value may deter potential vacationers seeking better deals. Long-term rental With a fair value estimate significantly lower than the listing price, this property does not present an attractive opportunity for long-term rental investments, especially with a gross yield of only 3.1%. Given the current condition score of 78/100 and neighborhood rating of 72/100, the potential for tenant demand does not compensate for the inflated acquisition cost. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable due to its 34.7% premium over fair market value, which undermines long-term appreciation potential. Although the appeal of the location may offer some rental reliability, the current price is not aligned with sustainable growth prospects in the housing market. Not ideal for student housing This property is not suited for student housing as the listing price exceeds fair value, likely limiting the potential tenant pool. Furthermore, the neighborhood amenities do not cater specifically to the needs of students, diminishing its attractiveness in that sector. Not ideal for luxury market Although the location is desirable, the property is overpriced, making it uncompetitive in the luxury market. The gap between the listing price and fair value indicates that potential buyers in this segment may seek more premium opportunities elsewhere.
Economic volatility risk The economic stability score of 65/100 indicates potential fluctuations in the local economy that may impact tenant demand and rental income stability.
