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 90 m², built in 2003, energy rating D. Located on rua da Raminha, 14, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This 7th-floor apartment offers two balconies, providing ample outdoor space and uninterrupted views, enhancing your living experience with Portimão's charming landscape. Condition Notes: The property shows signs of moderate use, with some areas needing minor updates.
The valuation. The asking price of €345,000 is significantly above the fair value of €152,745, reflecting a disparity of €192,255 (55.7%). This property is considered overpriced based on current market analysis.
Fair value modelled at €152,745 from the area baseline, adjusted for condition and location. Asking €345,000 sits €192,255 (55.7%) above — overpriced versus fair value.
Asking €345,000 versus the rua da Raminha, 14 area baseline of €291,420 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 65 · Materials 60 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua da Raminha, 14
Area baseline €291,420 + condition -€14,766 + location +€12,981 = modelled fair value of €152,745 (€1,697/m²), a €192,255 (55.7%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Raminha, 14 | Subject | €345,000 | €3,833 | — | 65 | 71 |
| Portimão · ba3dc6 | Active | €225,000 | €2,848 | 25.7% | 55 | 74 |
| Portimão · 956ee1 | Active | €222,000 | €2,921 | 23.8% | 68 | 73 |
| Portimão · cfe06a | Active | €236,000 | €6,378 | 66.4% | — | 75 |
| Portimão · ba39cf | Active | €280,000 | €3,944 | 2.9% | 70 | 69 |
| Median comp | €230,500 | €3,433 | 10.5% | 68 | 74 |
Short-term vacation rental: Given the property is priced at €345,000, significantly above its fair value of €152,745, it is not feasible for a profitable short-term vacation rental strategy amidst a competitive tourism-driven economy. Additionally, with a gross yield of only 3.8%, this property does not offer sufficient return potential for investors seeking short-term rental income. Long-term rental: At a listing price of €345,000, this 2-bed apartment is overpriced compared to its fair value of €152,745, making it a less attractive option for long-term rental investments. The 3.8% gross yield is notably lower, indicating that the potential rental income does not justify the elevated purchase price. Buy-and-hold: The property’s current listing of €345,000, significantly above its fair value of €152,745, suggests that a buy-and-hold strategy would likely yield disappointing returns. With a gross yield of 3.8% and a fair valuation gap of 55.7%, this investment is not positioned for adequate long-term growth or appreciation. Not ideal for: Student housing, Luxury market, Industrial investment.
Economic Volatility Risk With an economic stability score of 65/100, the property may be vulnerable to fluctuations that could negatively impact tenant demand and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
