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 77 m², built in 2017, energy rating D. Located on rua J. J. Rodrigues de Freitas, 13, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a private yard of 7 m² and a terrace of 6 m², offering outdoor space in a central urban location.
The valuation. The asking price of €459,000 significantly exceeds the fair value of €132,341, representing an overvaluation of €326,659 (71.2%). This property is currently overpriced, making it a risky investment opportunity.
Fair value modelled at €132,341 from the area baseline, adjusted for condition and location. Asking €459,000 sits €326,659 (71.2%) above — overpriced versus fair value.
Asking €459,000 versus the rua J. J. Rodrigues de Freitas, 13 area baseline of €132,209 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 70 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua J. J. Rodrigues de Freitas, 13
Area baseline €132,209 + condition -€12,031 + location +€12,163 = modelled fair value of €132,341 (€1,719/m²), a €326,659 (71.2%) gap versus the €459,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua J. J. Rodrigues de Freitas, 13 | Subject | €459,000 | €5,961 | — | 68 | 73 |
| Portimão · 956f2d | Active | €1,500,000 | €23,438 | 293.2% | 70 | 72 |
| Portimão · 001a44 | Active | €269,500 | €2,246 | 62.3% | — | 67 |
| rua Padre Evaristo Guerreiro S / N | Active | €420,000 | €3,158 | 47.0% | 62 | 62 |
| Portimão · 65a674 | Active | €349,000 | €4,474 | 24.9% | 75 | 73 |
| Median comp | €384,500 | €3,816 | 36.0% | 70 | 70 |
Short-term vacation rental This property, with a gross yield of 2.8%, is not well-positioned for a short-term vacation rental strategy due to its significant price over the fair value by 71.2%. The current condition and neighborhood ratings suggest limited appeal for tourists, making it a less attractive option for this investment approach. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable, given its marked overpricing and a fair value gap of 71.2%. The lack of appreciation potential in comparison to its inflated listing price poses a significant risk to long-term returns. Long-term rental The long-term rental strategy is similarly flawed as the property is not only overpriced by 71.2% but also presents a low gross yield of 2.8%. The economic conditions and amenities available in the neighborhood do not justify the high asking price, making it a poor fit for sustained rental income. Not ideal for: Student housing, Industrial investment, Luxury market
Economic Vulnerability With an economic stability score of 65/100, there is a risk that fluctuations in the local economy could impact rental income and property values significantly.
