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 63 m². Located Portimão parish, Portimão municipality, Faro district. This apartment features an expansive balcony with stunning marina views, offering both relaxation and a perfect entertaining space in a well-maintained condominium.
The valuation. The asking price of €315,000 significantly exceeds the fair value of €120,719 by €194,281 (61.7%). This property is therefore considered overpriced.
Fair value modelled at €120,719 from the area baseline, adjusted for condition and location. Asking €315,000 sits €194,281 (61.7%) above — overpriced versus fair value.
Asking €315,000 versus the Portimão, Portimão, Faro area baseline of €203,994 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 85 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €203,994 + condition +€0 + location +€12,548 = modelled fair value of €120,719 (€1,916/m²), a €194,281 (61.7%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 420269 | Subject | €315,000 | €5,000 | — | 72 | 79 |
| avenida Tomás Cabreira | Active | €325,000 | €4,392 | 12.2% | 70 | 71 |
| rua dos Lusíadas | Active | €255,000 | €4,048 | 19.0% | 78 | 71 |
| rua de São Tomé e Príncipe, 31 | Active | €238,000 | €5,289 | 5.8% | 80 | 70 |
| travessa das Piscinas Municipais, 2 | Active | €490,000 | €10,426 | 108.5% | 72 | 70 |
| Median comp | €290,000 | €4,841 | 3.2% | 75 | 71 |
Short-term vacation rental This 1-bed apartment in Portimão is overpriced by 61.7% relative to its fair value of €120,719, making it a poor candidate for short-term vacation rental investment given the lack of potential for adequate returns. With only a gross yield of 3%, the financial viability in a tourism-driven market is compromised. Buy-and-hold The steep pricing of this property limits its attractiveness for a buy-and-hold strategy, as it is significantly above its fair value, thus diminishing long-term capital appreciation potential. Coupled with a modest yield of 3%, this investment does not align with sustainable growth objectives. Family rental Given that this apartment is overpriced by 61.7%, it may not be ideal for families seeking long-term rental options, as the inflated price does not reflect a competitive market rate. Although the neighbourhood is rated 79/100 for livability, the high purchase price could deter potential family tenants looking for affordability. Not ideal for: Student housing, Industrial development
Economic Vulnerability With an economic stability score of 65/100, there is a notable risk of economic downturns that could adversely affect tenant demand and rental income.
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