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, 3-bathroom house of 159 m², energy rating E. Located Portimão parish, Portimão municipality, Faro district. This semi-detached house benefits from access from two distinct streets, enhancing convenience and functionality, while the spacious basement offers versatile usage options, ideal for leisure or storage.
The valuation. The asking price of €485,000 sits significantly above the fair value of €248,634, making it overpriced by €236,366, or 48.7%. Such a premium raises concerns about the investment's immediate profitability.
Fair value modelled at €248,634 from the area baseline, adjusted for condition and location. Asking €485,000 sits €236,366 (48.7%) above — overpriced versus fair value.
Asking €485,000 versus the Portimão, Portimão, Faro area baseline of €273,003 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 (Condition 55 · Materials 60 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €273,003 + condition -€46,209 + location +€21,840 = modelled fair value of €248,634 (€1,564/m²), a €236,366 (48.7%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 6d54ac | Subject | €485,000 | €3,050 | — | 55 | 70 |
| rua Serpa Pinto | Active | €695,000 | €5,940 | 94.7% | 60 | 80 |
| rua Padre Evaristo Guerreiro S / N | Active | €420,000 | €3,158 | 3.5% | 62 | 62 |
| Alvor · 4bbd5e | Active | €550,000 | €3,333 | 9.3% | 65 | 72 |
| rua Projectada À Caldeira do Moinho | Active | €550,000 | €2,301 | 24.6% | — | 67 |
| Median comp | €550,000 | €3,246 | 6.4% | 62 | 70 |
Short-term vacation rental The property in Portimão, priced at €485,000, is overpriced by 48.7% compared to its fair value of €248,634. Despite being in a tourist-driven region, the gross yield of 4.3% indicates that the investment may not generate sufficient returns compared to the initial outlay. Buy-and-hold Acquiring this property as a long-term hold strategy appears to be unwise due to its significant overpricing of 48.7% relative to fair value. The economic stability derived from the tourism sector does not justify the inflated price and could hinder potential capital appreciation. Long-term rental With a listing price of €485,000, the property is overpriced for the long-term rental market, especially when measured against a fair value of €248,634. The current gross yield of 4.3% also suggests that potential rental income may not sufficiently offset the higher purchase cost in the long term.
Economic sensitivity With economic stability and tenant stability both rated at 65/100, there is a heightened risk of financial fluctuations affecting rental income and occupancy rates directly.
