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 60 m², built in 1993, energy rating B. Located Portimão parish, Portimão municipality, Faro district. This apartment features four south-facing windows that maximize natural light, enhancing its open layout and creating a warm, inviting atmosphere throughout the space.
The valuation. The asking price of €285,946 is significantly above the fair value of €118,291, indicating an overpriced status with a premium of €167,655 (58.6%). This disparity suggests that potential investors may be facing substantial risks.
Fair value modelled at €118,291 from the area baseline, adjusted for condition and location. Asking €285,946 sits €167,655 (58.6%) above — overpriced versus fair value.
Asking €285,946 versus the Portimão, Portimão, Faro area baseline of €103,020 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
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.
Portimão, Portimão, Faro
Area baseline €103,020 + condition +€4,969 + location +€10,302 = modelled fair value of €118,291 (€1,972/m²), a €167,655 (58.6%) gap versus the €285,946 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 1e638e | Subject | €285,946 | €4,766 | — | 75 | 75 |
| rua Dom Carlos I, 53 | Active | €620,000 | €11,273 | 136.5% | 80 | 75 |
| Portimão · 96c64b | Active | €785,000 | €5,858 | 22.9% | 75 | 71 |
| Portimão · 4a81a4 | Active | €425,000 | €3,728 | 21.8% | 75 | 70 |
| Estômbar e Parchal · 262077 | Active | €325,000 | €2,559 | 46.3% | 85 | 78 |
| Median comp | €522,500 | €4,793 | 0.6% | 78 | 73 |
Short-term vacation rental This property in Portimão is overpriced by 58.6%, making it a less appealing option for short-term vacation rentals despite the Algarve's popularity as a tourist destination. The gross yield of 3.8%, combined with the high listing price, suggests limited profitability for this strategy. Buy-and-hold Given the significant 58.6% disparity between the listing price and fair value, this property appears overpriced for a buy-and-hold investment strategy. The current yield of 3.8% does not justify the investment risk associated with a property priced well above its fair value. Family rental With the current listing priced 58.6% above fair value, this property is considered overpriced for a family rental strategy. Although the condition and neighborhood ratings are decent, the high acquisition cost could hinder achieving a sustainable return on investment.
Economic Dependence Risk The economic stability score of 70/100 suggests a moderate reliance on local economic conditions, which may lead to vulnerability during downturns and affect rental income stability.
