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 95 m², built in 2001, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Feature: The apartment boasts two sunny balconies, one accessible from both the living room and a bedroom, enhancing its outdoor living appeal in a convenient location.
The valuation. The asking price of €295,000 is significantly above the fair value of €163,547, resulting in an overpricing of €131,453 (44.6%). This discrepancy suggests a lack of value proposition for potential investors.
Fair value modelled at €163,547 from the area baseline, adjusted for condition and location. Asking €295,000 sits €131,453 (44.6%) above — overpriced versus fair value.
Asking €295,000 versus the Portimão, Portimão, Faro area baseline of €307,610 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 65 · Materials 70 · Room dimensions 70). 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.
Portimão, Portimão, Faro
Area baseline €307,610 + condition -€12,617 + location +€13,049 = modelled fair value of €163,547 (€1,722/m²), a €131,453 (44.6%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 1e6477 | Subject | €295,000 | €3,105 | — | 65 | 70 |
| urbanização do Fojo | Active | €320,000 | €2,909 | 6.3% | 68 | 76 |
| praceta Mar de Timor | Active | €335,000 | €3,018 | 2.8% | 68 | 71 |
| rua José Manuel Valverde | Active | €310,000 | €2,870 | 7.6% | 70 | 72 |
| Portimão · 1e63d6 | Active | €353,000 | €2,942 | 5.3% | 74 | 73 |
| Median comp | €327,500 | €2,926 | 5.8% | 69 | 73 |
Short-term vacation rental The apartment's current listing price of €295,000 is significantly above the fair value of €163,547, indicating that it is overpriced, which reduces the potential for strong profit margins in the short-term rental market. Additionally, with a gross yield of only 4.4%, the financial viability of leveraging this unit for vacation rentals may be compromised given the current investment entry point. Long-term rental This property is overpriced at €295,000 relative to the fair market value of €163,547, suggesting limited upside for long-term rental investors expecting higher returns. Although there is strong demand for rentals in the coastal region, the current yield of 4.4% may not make it an attractive investment compared to other options. Buy-and-hold Investing in the property as a buy-and-hold strategy is less appealing due to its overpriced status of €295,000 against a fair value of €163,547, indicating an unfavorable entry point. The potential for capital appreciation is significantly reduced by its low neighborhood conditions rating of 70/100, which could hinder long-term value growth in this investment.
Potential Economic Fluctuations The economic stability score of 65/100 suggests there could be volatility in job markets or income levels, which might impact tenant retention and rental income.
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