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 €249,326 (€3,238/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 €249,326 + 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.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.