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.
1-bedroom, 1-bathroom apartment of 40 m², built in 1993, energy rating C. Located Portimão parish, Portimão municipality, Faro district. This apartment features two large south/west facing windows that enhance natural light and create a bright ambiance throughout the living area.
The valuation. The asking price of €211,720 is significantly above the fair value of €76,286, showing a discrepancy of €135,434 (64.0%). This property is overpriced, making it a risky investment choice.
Fair value modelled at €76,286 from the area baseline, adjusted for condition and location. Asking €211,720 sits €135,434 (64.0%) above — overpriced versus fair value.
Asking €211,720 versus the Portimão, Portimão, Faro area baseline of €68,680 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €68,680 + condition +€1,563 + location +€6,044 = modelled fair value of €76,286 (€1,907/m²), a €135,434 (64.0%) gap versus the €211,720 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 1e638b | Subject | €211,720 | €5,293 | — | 75 | 72 |
| Portimão · 38acd6 | Active | €230,000 | €6,216 | 17.4% | 74 | 65 |
| rua dos Lusíadas | Active | €255,000 | €4,048 | 23.5% | 78 | 71 |
| rua de São Tomé e Príncipe, 31 | Active | €238,000 | €5,289 | 0.1% | 80 | 70 |
| Portimão · 6f41ee | Active | €265,000 | €4,206 | 20.5% | 72 | 72 |
| Median comp | €246,500 | €4,748 | 10.3% | 76 | 71 |
Short-term vacation rental The property is overpriced at €211,720, significantly higher than the fair value of €76,286, creating a 64.0% gap. With a gross yield of 4.5%, the investment potential for short-term rentals may not justify the elevated asking price in a predominantly tourism-centered economy. Buy-and-hold Given the substantial difference between the listing price and fair value, this buy-and-hold strategy appears less appealing as the property is overpriced. Although the neighbourhood scores 72/100, indicating decent amenities and tenant quality, the current valuation limits long-term investment viability. Family rental The family rental market may benefit from the property’s location in Algarve, but the high listing price of €211,720 undermines its attractiveness. With a fair value of only €76,286, potential parents may find more affordable housing options elsewhere, making this investment strategy less viable in the face of overpricing.
Tenant turnover risk High tenant turnover may occur due to the relatively low tenant stability score of 75/100, potentially leading to increased vacancy rates and associated costs.
