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, 1-bathroom apartment of 69 m², built in 2018, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment is equipped with pre-installation for ambient sound, enhancing the living experience, and features two east and west facing balconies that provide abundant natural light throughout the day.
The valuation. The asking price of €310,000 sits significantly above the fair value of €128,081, resulting in an overpriced status of €181,919 (58.7%). This indicates a lack of alignment with current market fundamentals.
Fair value modelled at €128,081 from the area baseline, adjusted for condition and location. Asking €310,000 sits €181,919 (58.7%) above — overpriced versus fair value.
Asking €310,000 versus the Portimão, Portimão, Faro area baseline of €118,473 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 80 · Materials 75 · Room dimensions 71). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 75 · Amenities 65 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €118,473 + condition +€1,078 + location +€8,530 = modelled fair value of €128,081 (€1,856/m²), a €181,919 (58.7%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 49b7ed | Subject | €310,000 | €4,493 | — | 80 | 68 |
| Portimão · f35fee | Active | €259,500 | €3,327 | 25.9% | 72 | 76 |
| estrada de Monchique | Active | €268,900 | €3,841 | 14.5% | 71 | 71 |
| rua da Alvorada | Active | €239,000 | €3,464 | 22.9% | 76 | 71 |
| Portimão · 03255d | Active | €290,000 | €3,867 | 13.9% | 72 | 73 |
| Median comp | €264,200 | €3,653 | 18.7% | 72 | 72 |
Short-term vacation rental The property is overpriced at €310,000, significantly exceeding the fair value of €128,081, reflecting a gap of 58.7%. While its gross yield of 3.8% may appeal to some investors, the excessive pricing undermines its potential as a short-term vacation rental in Algarve's competitive market. Buy-and-hold Acquiring this two-bedroom apartment as a buy-and-hold investment is not advisable given its overvaluation, priced at €310,000 against a fair value of €128,081. Even with a decent condition rating of 76/100, the high price leaves little room for appreciation in an environment where the fair value is significantly lower. Long-term rental Long-term rental prospects for this property are unattractive due to its overpriced listing of €310,000 compared to the fair value of €128,081, resulting in a considerable markup of 58.7%. This pricing diminishes the appeal of long-term rentals in a neighborhood with a moderate tenant quality score of 68/100, limiting potential returns for landlords.
Inconsistent Tenant Retention Risk The combined stability scores of 65 for economic stability and 60 for tenant stability indicate a potential risk of inconsistent tenant retention, which may lead to increased vacancy rates and reduced rental income.
