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 73 m². Located on rua Trabucho Alexandre, 16, Portimão parish, Portimão municipality, Faro district. Location Advantage: This apartment's top-floor position provides unobstructed views and enhanced privacy, while its proximity to the Aqua Shopping Center adds significant appeal for both residents and investors.
The valuation. The asking price of €240,000 sits significantly above fair value at €125,787, representing an overpriced situation by €114,213 or 47.6%. This disparity indicates a lack of investment potential at the current listing.
Fair value modelled at €125,787 from the area baseline, adjusted for condition and location. Asking €240,000 sits €114,213 (47.6%) above — overpriced versus fair value.
Asking €240,000 versus the rua Trabucho Alexandre, 16 area baseline of €125,341 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 72 · Materials 65 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Trabucho Alexandre, 16
Area baseline €125,341 + condition -€9,581 + location +€10,027 = modelled fair value of €125,787 (€1,723/m²), a €114,213 (47.6%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Trabucho Alexandre, 16 | Subject | €240,000 | €3,288 | — | 72 | 70 |
| rua das Oliveiras, 49A | Active | €218,000 | €3,633 | 10.5% | 70 | 62 |
| Portimão · 4a7fe2 | Active | €240,000 | €3,810 | 15.9% | 65 | 76 |
| rua do Impasse À do Poeta António Aleixo | Active | €285,000 | €3,519 | 7.0% | 70 | 71 |
| Portimão · 6f41ee | Active | €265,000 | €4,206 | 27.9% | 72 | 72 |
| Median comp | €252,500 | €3,722 | 13.2% | 70 | 72 |
Long-term rental The property is overpriced by 47.6% compared to its fair market value of €125,787, making it a less attractive option for long-term rental investments. With a gross yield of 4.8% and average neighborhood quality scores, the potential return does not justify the high acquisition cost. Short-term vacation rental While the Algarve region benefits from strong tourism, this property’s listing price of €240,000 exceeds its fair value significantly, suggesting that profitability may be compromised. Given the seasonal nature of demand, investing at this price point may not yield favorable returns. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable, as it is currently priced at €240,000 but should realistically be valued around €125,787. The gap of 47.6% indicates that any prospective appreciation may not be sufficient to cover the initial overvaluation in the coming years.
Economic Impact Risk The economic stability score of 65 indicates potential vulnerabilities in the local economy, which could lead to fluctuations in property values and tenant demand.
