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, 1-bathroom house of 211 m², built in 1986. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This property features fully renovated interiors with quality finishes and energy-efficient insulation, enhancing both comfort and livability for modern family needs.
The valuation. The asking price of €320,000 is significantly below the fair value of €388,962, presenting an opportunity priced at €68,962 (21.6%) under fair value. This property is therefore deemed underpriced.
Fair value modelled at €388,962 from the area baseline, adjusted for condition and location. Asking €320,000 sits €68,962 (21.6%) below — the upside to fair value.
Asking €320,000 versus the Portimão, Portimão, Faro area baseline of €362,287 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 75 · Materials 78 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €362,287 + condition -€2,308 + location +€28,983 = modelled fair value of €388,962 (€1,843/m²), a €68,962 (21.6%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 49b8db | Subject | €320,000 | €1,517 | — | 75 | 70 |
| rua dos Pinheiros | Active | €460,000 | €2,201 | 45.1% | 71 | 73 |
| Portimão · 001a44 | Active | €269,500 | €2,246 | 48.1% | — | 67 |
| urbanização Sesmarias de Baixo Sesmarias | Active | €499,000 | €2,053 | 35.4% | 72 | 75 |
| rua Capitão Teófilo Duarte | Active | €290,000 | €1,676 | 10.5% | 55 | 65 |
| Median comp | €375,000 | €2,127 | 40.2% | 71 | 70 |
Short-term vacation rental The property in Portimão has a strong tourism influence, making it an attractive option for short-term vacation rentals with a compelling 9% gross yield. With a fair value of €388,962, the purchase price of €320,000 demonstrates a significant opportunity for profitable rental income in a desirable coastal region. Buy-and-hold Acquiring this property for long-term ownership allows investors to benefit from its appreciation potential, as it is currently priced at €320,000 compared to a fair value estimate of €388,962. With the local economy strongly tied to tourism, sustained demand for housing should support long-term capital growth. Long-term rental As a long-term rental investment, this property offers stable returns with a gross yield of 9%, tapping into the steady demand from residents in the tourist-friendly area of Portimão. The property’s pricing presents a lower entry point against its fair value of €388,962, ensuring a respectable margin for rental income during ownership.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of economic downturn impacting property values and tenant retention.
