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, 2-bathroom apartment of 106 m², built in 2006, energy rating D. Located on praceta dos Cooperantes, 18, Portimão parish, Portimão municipality, Faro district. This apartment features a small balcony accessible from the kitchen, serving as an ideal laundry area while enhancing the sense of space and light throughout the home.
The valuation. The asking price of €310,000 is significantly above the fair value of €204,543, indicating it is overpriced by €105,457 or 34.0%. This valuation suggests that investors may tread cautiously.
Fair value modelled at €204,543 from the area baseline, adjusted for condition and location. Asking €310,000 sits €105,457 (34.0%) above — overpriced versus fair value.
Asking €310,000 versus the praceta dos Cooperantes, 18 area baseline of €182,002 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 75 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta dos Cooperantes, 18
Area baseline €182,002 + condition +€5,797 + location +€16,744 = modelled fair value of €204,543 (€1,930/m²), a €105,457 (34.0%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta dos Cooperantes, 18 | Subject | €310,000 | €2,925 | — | 80 | 73 |
| Portimão · ba5a38 | Active | €310,000 | €3,827 | 30.9% | 74 | 73 |
| Alvor · cfe295 | Active | €578,000 | €3,211 | 9.8% | 73 | 74 |
| avenida Tomás Cabreira, 34 | Active | €599,000 | €6,730 | 130.1% | 75 | 74 |
| avenida Tomás Cabreira, 34 | Active | €599,000 | €6,730 | 130.1% | 79 | 75 |
| Median comp | €588,500 | €5,279 | 80.5% | 75 | 74 |
Short-term vacation rental Given the property's listing price of €310,000, which is 34.0% above the fair value of €204,543, investing in a short-term vacation rental strategy may not yield the expected returns. The current gross yield of 4.3% is below the market standards, indicating that the property is overpriced in the attractive Algarve tourism market. Buy-and-hold Although buy-and-hold strategies can thrive in tourist-heavy regions like the Algarve, this property currently reflects a significant pricing gap, making it a less favorable investment option. With a condition rating of 79/100, the property may require additional capital for maintenance or upgrades, further diminishing its potential as a long-term asset. Long-term rental In light of the property being listed at €310,000 and a fair value of €204,543, pursuing a long-term rental strategy may not provide the anticipated cash flow benefits due to the property being overpriced. The relatively low yield of 4.3% suggests that rental income will not adequately cover the investment costs, particularly in a neighborhood with a rating of 73/100 that caters mostly to tourists rather than permanent residents.
Economic vulnerability The economic stability score of 65/100 indicates potential vulnerability to local economic downturns, which could affect rental income stability for tenants with a score of 70/100.
