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, 2-bathroom apartment of 124 m², built in 2003, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a generous 27m² balcony, ideal for outdoor entertaining, and resides in the desirable Encosta da Marina neighborhood, enhancing its investment potential.
The valuation. The asking price of €335,000 is significantly above the fair value of €222,893, indicating the property is overpriced by €112,107, or 33.5%. Such a disparity necessitates caution for potential investors.
Fair value modelled at €222,893 from the area baseline, adjusted for condition and location. Asking €335,000 sits €112,107 (33.5%) above — overpriced versus fair value.
Asking €335,000 versus the Portimão, Portimão, Faro area baseline of €212,908 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 65 · Amenities 70 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €212,908 + condition -€1,938 + location +€11,923 = modelled fair value of €222,893 (€1,798/m²), a €112,107 (33.5%) gap versus the €335,000 asking price.
Long-term rental The 2-bed apartment in Portimão, priced at €335,000, is currently overvalued by 33.5% compared to its fair value of €222,893. The gross yield of 4.6% is relatively low, indicating that long-term rental may not provide sufficient returns given the high entry price. Short-term vacation rental While the location is attractive for tourists, the significant gap between current listing price and fair value suggests that the property is overpriced, thereby reducing the potential for strong short-term rental performance. Additionally, the gross yield of 4.6% may not justify the initial investment, making it a less appealing choice in the short-term rental market. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy presents challenges due to its current valuation, which is 33.5% above the fair price. The absence of significant appreciation potential in a moderately rated neighborhood further complicates the decision to hold this property long-term.
Economic volatility risk The property's economic stability score of 55/100 indicates a higher risk of market fluctuations, which may negatively impact rental income and tenant retention.
