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, 3-bathroom apartment of 132 m², built in 2019, energy rating A. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts a private deck and garden directly accessible from the open-plan kitchen, ideal for outdoor entertaining and seamless indoor-outdoor living.
The valuation. The asking price of €1,400,000 is significantly above the fair value of €258,844, resulting in an excessive markup of €1,141,156 (81.5%). This property is considered overpriced according to market standards.
Fair value modelled at €258,844 from the area baseline, adjusted for condition and location. Asking €1,400,000 sits €1,141,156 (81.5%) above — overpriced versus fair value.
Asking €1,400,000 versus the Portimão, Portimão, Faro area baseline of €226,644 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €226,644 + condition +€15,881 + location +€16,318 = modelled fair value of €258,844 (€1,961/m²), a €1,141,156 (81.5%) gap versus the €1,400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 65a3e1 | Subject | €1,400,000 | €10,606 | — | 80 | 68 |
| Portimão · bf27d5 | Active | €570,000 | €3,115 | 70.6% | 80 | 74 |
| rua Júdice Biker | Active | €385,000 | €2,939 | 72.3% | 75 | 72 |
| rua Monte da Bemposta, 196 | Active | €429,500 | €2,512 | 76.3% | 75 | 71 |
| Portimão · 9568d9 | Active | €730,000 | €4,932 | 53.5% | 80 | 73 |
| Median comp | €499,750 | €3,027 | 71.5% | 78 | 73 |
Short-term vacation rental The property is overpriced at €1,400,000, exceeding its fair value of €258,844 by 81.5%. With a gross yield of 0%, this investment lacks financial viability for short-term vacation rental purposes. Buy-and-hold At €1,400,000, this property is overpriced, leaving a significant gap of 81.5% from its fair value of €258,844. The lack of return is further highlighted by a gross yield of 0%, making it a less attractive buy-and-hold opportunity. Family rental Valued at €1,400,000, this property is overpriced, standing 81.5% above its fair value of €258,844. The absence of yield and a neighborhood score of 68/100 indicate that it may not be a suitable investment for family rentals.
Economic Dependence Risk: With both an economic stability score and tenant stability score of 65/100, there is a significant risk that fluctuations in the local economy could lead to increased vacancies or tenant turnover, negatively impacting rental income.
