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, 3-bathroom duplex of 156 m², built in 2009, energy rating B. Located on rua Zeca Afonso S / N, Ferragudo parish, Lagoa municipality, Faro district. Noteworthy Features: The duplex boasts a 69 m² private terrace with panoramic views over Ferragudo's rooftops and the Arade River, ideal for outdoor entertaining or relaxation.
The valuation. The asking price of €549,000 is significantly higher than the fair value of €292,012, making the property overpriced by €256,988 or 46.8%. Investors should approach with caution given this disparity.
Fair value modelled at €292,012 from the area baseline, adjusted for condition and location. Asking €549,000 sits €256,988 (46.8%) above — overpriced versus fair value.
Asking €549,000 versus the rua Zeca Afonso S / N area baseline of €267,852 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 80 · Materials 76 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 80 · Amenities 70 · Economic 70 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
rua Zeca Afonso S / N
Area baseline €267,852 + condition +€4,875 + location +€19,285 = modelled fair value of €292,012 (€1,872/m²), a €256,988 (46.8%) gap versus the €549,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Zeca Afonso S / N | Subject | €549,000 | €3,519 | — | 80 | 68 |
| Portimão · 090095 | Active | €495,000 | €3,536 | 0.5% | 75 | 75 |
| urbanização Encosta do Pateiro | Active | €420,000 | €3,043 | 13.5% | 71 | 68 |
| Portimão · 4a81a4 | Active | €425,000 | €3,728 | 5.9% | 75 | 70 |
| Portimão · 96c64b | Active | €785,000 | €5,858 | 66.5% | 75 | 71 |
| Median comp | €460,000 | €3,632 | 3.2% | 75 | 71 |
Short-term vacation rental The 2-bed duplex in Ferragudo is overpriced at €549,000, diverging significantly from its fair value of €292,012, creating a gap of 46.8%. With a gross yield of only 3.5%, it is unlikely to attract sufficient short-term vacation rental demand in this competitive tourist market. Family rental At a listing price of €549,000, the duplex is substantially overpriced compared to the fair value of €292,012, reflecting a concerning 46.8% premium. With a condition rating of 77/100, it may not justify its cost for families seeking quality long-term rentals in a moderately rated neighborhood. Buy-and-hold Investing in the duplex for a buy-and-hold strategy is inadvisable given its overpriced valuation of €549,000 against a fair value of €292,012 and a yield of just 3.5%. The current market conditions suggest that holding this asset will result in constrained appreciation and limited rental return potential due to its excessive price tag.
Tenant turnover risk With a tenant stability score of 50/100, there is a significant risk of high tenant turnover, which could lead to increased vacancy rates and costs associated with finding new tenants.
