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 47 m², energy rating D. Located on travessa das Piscinas Municipais, 2, Portimão parish, Portimão municipality, Faro district. This apartment features a stylish open-plan living space and contemporary kitchen with high-quality appliances, enhancing both functionality and modern aesthetics.
The valuation. The asking price of €490,000 significantly exceeds the fair value of €88,256, with a discrepancy of €401,744 (82.0%). This property is clearly overpriced, making it a poor investment opportunity.
Fair value modelled at €88,256 from the area baseline, adjusted for condition and location. Asking €490,000 sits €401,744 (82.0%) above — overpriced versus fair value.
Asking €490,000 versus the travessa das Piscinas Municipais, 2 area baseline of €152,186 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 72 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 75 · Economic 60 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
travessa das Piscinas Municipais, 2
Area baseline €152,186 + condition +€1,102 + location +€6,456 = modelled fair value of €88,256 (€1,878/m²), a €401,744 (82.0%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa das Piscinas Municipais, 2 | Subject | €490,000 | €10,426 | — | 72 | 70 |
| avenida Tomás Cabreira | Active | €325,000 | €4,392 | 57.9% | 70 | 71 |
| rua das Anforas | Active | €245,000 | €5,976 | 42.7% | 70 | 63 |
| Portimão · ba39cf | Active | €280,000 | €3,944 | 62.2% | 70 | 69 |
| Portimão · 03255d | Active | €290,000 | €3,867 | 62.9% | 72 | 73 |
| Median comp | €285,000 | €4,168 | 60.0% | 70 | 70 |
Short-term vacation rental The property is overpriced at €490,000, with a fair value estimated at only €88,256, reflecting a significant gap of 82.0%. This unyielding valuation yields a mere 2.1% gross return, making it an impractical choice for a vacation rental investment. Buy-and-hold With the property listed at €490,000, it stands substantially above its fair value of €88,256, indicating an 82.0% discrepancy. The low gross yield of 2.1% further suggests that this investment lacks attractive appreciation potential in the long term. Family rental Selling for €490,000, the apartment is significantly overpriced compared to its fair value of €88,256, demonstrating an 82.0% price gap. Given the low gross yield of 2.1%, it is not positioned favorably to serve as a family rental property. Not ideal for: Student housing, Luxury market, Industrial development
Economic Vulnerability The economic stability score of 60/100 suggests potential susceptibility to market fluctuations that may impact rental income.
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