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, 1-bathroom apartment of 90 m², built in 1986, energy rating C. Located on avenida Tomás Cabreira, Portimão parish, Portimão municipality, Faro district. This apartment features spacious living and private balconies with river and partial sea views, providing a unique opportunity for customization in a top-tier coastal location.
The valuation. The asking price of €369,000 is significantly above the fair value of €143,546, presenting a difference of €225,455 (61.1%). This property is clearly overpriced.
Fair value modelled at €143,546 from the area baseline, adjusted for condition and location. Asking €369,000 sits €225,455 (61.1%) above — overpriced versus fair value.
Asking €369,000 versus the avenida Tomás Cabreira area baseline of €154,530 (€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 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida Tomás Cabreira
Area baseline €154,530 + condition -€26,437 + location +€15,453 = modelled fair value of €143,546 (€1,595/m²), a €225,455 (61.1%) gap versus the €369,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Tomás Cabreira | Subject | €369,000 | €4,100 | — | 55 | 75 |
| avenida Tomás Cabreira | Active | €369,000 | €3,926 | 4.3% | 50 | 64 |
| Portimão · 8936c2 | Active | €292,000 | €4,867 | 18.7% | 68 | 70 |
| Portimão · 956f1a | Active | €599,000 | €6,730 | 64.2% | — | 75 |
| avenida São João de Deus, 54 | Active | €220,000 | €3,607 | 12.0% | — | 65 |
| Median comp | €330,500 | €4,397 | 7.2% | 59 | 68 |
Short-term vacation rental The property’s price of €369,000 is 61.1% higher than its fair value of €143,546, indicating it is overpriced for short-term vacation rental purposes. Although the location benefits from high tourist demand, the gross yield of 3.8% suggests limited profitability. Family rental At €369,000, this property is significantly overpriced compared to its fair value of €143,546, creating concerns for family rental strategies. The decent condition score of 56/100 and neighborhood score of 75/100 do not justify the high asking price, potentially reducing the attractiveness to families looking for sustainable housing. Buy-and-hold The current listing price of €369,000 reflects an overvaluation of 61.1% against the fair value of €143,546, making it a less appealing option for a buy-and-hold investment strategy. The 3.8% gross yield does not compensate for the excessive price, raising concerns about long-term financial returns.
Economic and Tenant Stability Risk: With an economic stability score of 70/100 and a tenant stability score of 75/100, there is potential vulnerability to fluctuating economic conditions that could impact rental income and tenant retention.
