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.
4-bedroom, 4-bathroom house of 250 m², energy rating D. Located on beco da Bela Vista, 1, Portimão parish, Portimão municipality, Faro district. This property features a terrace with scenic views and flexible space arrangements, ideal for accommodating multiple tenants or families.
The valuation. The asking price of €690,000 is significantly above the fair value of €492,179, creating a gap of €197,821 (28.7%). This property is overpriced, which may deter potential investors from pursuing it.
Fair value modelled at €492,179 from the area baseline, adjusted for condition and location. Asking €690,000 sits €197,821 (28.7%) above — overpriced versus fair value.
Asking €690,000 versus the beco da Bela Vista, 1 area baseline of €429,250 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 84 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 80 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
beco da Bela Vista, 1
Area baseline €429,250 + condition +€23,438 + location +€39,491 = modelled fair value of €492,179 (€1,969/m²), a €197,821 (28.7%) gap versus the €690,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| beco da Bela Vista, 1 | Subject | €690,000 | €2,760 | — | 78 | 73 |
| rua Sophia de Mello Breyner Andresen, 3 | Active | €495,000 | €2,513 | 9.0% | 73 | 75 |
| rua da Bela Vista | Active | €690,000 | €1,579 | 42.8% | 75 | 75 |
| rua da Fundação | Active | €695,000 | €1,587 | 42.5% | 70 | 70 |
| Portimão · 0902f6 | Active | €685,000 | €3,663 | 32.7% | 73 | 68 |
| Median comp | €687,500 | €2,050 | 25.7% | 73 | 73 |
Short-term vacation rental The property is overpriced at €690,000, which is a significant 28.7% above the fair value of €492,179, suggesting limited return potential for short-term vacation rental operations. With a gross yield of only 2.9%, this investment is unlikely to generate attractive cash flow, especially given the dependence on tourist traffic in the region. Buy-and-hold Acquiring this property for a buy-and-hold strategy poses challenges due to its overpriced status, with a considerable gap versus fair value indicating potential future depreciation risks. The relatively low condition score of 81/100 further diminishes the appeal, as ongoing maintenance and unexpected expenses could erode investor returns over time. Value-add renovation The potential for value-add renovation is hindered by the property's current overpriced listing, leaving little room for a profitable investment post-renovation. Given the local housing market's reliance on tourism, any renovation costs may not yield a sufficient increase in value to justify the initial investment in a property already priced above fair value.
Economic Vulnerability The economic stability score of 65/100 indicates potential vulnerability to market fluctuations that could affect rental income.
