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 70 m², built in 1999, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes a versatile space addition perfect for a guest room or office, and boasts a large private terrace with direct pool views, enhancing outdoor living. Amenidades: Possui um lugar de estacionamento designado na garagem e uma arrecadação privada para equipamento de praia.
The valuation. The asking price of €320,000 is significantly above the fair value of €127,923, representing an overvaluation of €192,077 (60.0%). This property is considered overpriced based on current market analysis.
Fair value modelled at €127,923 from the area baseline, adjusted for condition and location. Asking €320,000 sits €192,077 (60.0%) above — overpriced versus fair value.
Asking €320,000 versus the Portimão, Portimão, Faro area baseline of €120,190 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 73 · Materials 75 · Room dimensions 71). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €120,190 + condition -€2,844 + location +€10,577 = modelled fair value of €127,923 (€1,827/m²), a €192,077 (60.0%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 6d5358 | Subject | €320,000 | €4,571 | — | 73 | 72 |
| Alvor · ba3dfa | Active | €229,900 | €3,537 | 22.6% | 68 | 67 |
| Portimão · 38acd6 | Active | €230,000 | €6,216 | 36.0% | 74 | 65 |
| Portimão · 38acd7 | Active | €355,000 | €5,000 | 9.4% | 75 | 75 |
| Portimão · 6f40a7 | Active | €650,000 | €5,328 | 16.5% | 72 | 80 |
| Median comp | €292,500 | €5,164 | 13.0% | 73 | 71 |
Short-term vacation rental The property in Portimão is overpriced by 60.0%, with a fair value of €127,923 against a listing of €320,000, which diminishes its attractiveness for vacation rentals. A gross yield of 3.3% does not justify the high asking price, especially in a market reliant on short-term tourism. Family rental At a listing price of €320,000, the apartment is significantly overpriced compared to its fair value of €127,923, creating a substantial gap of 60.0%. The yield of 3.3% further indicates that this property does not represent a viable investment option for family rentals in the current market conditions. Buy-and-hold With a valuation gap of 60.0% and a fair value of only €127,923, the buy-and-hold strategy for this Portimão apartment is hindered by its overpriced status at €320,000. The gross yield of 3.3% suggests limited potential for appreciation, making it an unwise long-term investment choice in the current market environment.
Economic Vulnerability The property has a moderate economic stability score of 65/100, indicating potential susceptibility to economic downturns affecting rental income reliability.
