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, 2-bathroom house of 78 m², built in 2021, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property's micro-cement finish enhances both aesthetic flow and sophistication, while the open layout creates an inviting and intimate atmosphere perfect for relaxation or entertaining.
The valuation. The asking price of €349,000 sits significantly above the fair value of €147,710, making it overpriced by €201,290 or 57.7%. This discrepancy indicates that potential buyers may want to approach with caution. Buy-to-flip angle. A resale strategy may focus on enhancing the property's aesthetic appeal, leveraging its high-quality materials, to quickly attract buyers willing to invest at a premium over the current asking price. Buy-to-let angle. With an estimated rental income of €960 per month, this property offers a gross yield of 3.3%, suggesting it could generate steady cash flow, albeit below average for the Algarve rental market.
Fair value modelled at €147,710 from the area baseline, adjusted for condition and location. Asking €349,000 sits €201,290 (57.7%) above — overpriced versus fair value.
Asking €349,000 versus the Portimão, Portimão, Faro area baseline of €133,926 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 80 · Room dimensions 72). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 80 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €133,926 + condition +€1,463 + location +€12,321 = modelled fair value of €147,710 (€1,894/m²), a €201,290 (57.7%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 65a674 | Subject | €349,000 | €4,474 | — | 75 | 73 |
| rua Infante Santo, 1 | Active | €535,000 | €4,496 | 0.5% | 75 | 72 |
| rua 1 de Novembro, 9 | Active | €349,000 | €3,490 | 22.0% | 80 | 73 |
| Portimão · 956f2d | Active | €1,500,000 | €23,438 | 423.8% | 70 | 72 |
| rua 16 de Maio | Active | €355,000 | €5,000 | 11.7% | 75 | 75 |
| Median comp | €445,000 | €4,748 | 6.1% | 75 | 73 |
Long-term rental The property at €349,000 is overpriced compared to its fair value of €147,710, leading to a significant price gap of 57.7%. The gross yield of 3.3% does not justify the high asking price, making long-term rental investments in this property unappealing. Short-term vacation rental Despite the property being situated in the attractive Algarve region, it remains overpriced at €349,000, with a fair value of just €147,710. The current yield of 3.3% indicates a mismatch between cost and return potential in the short-term vacation rental market. Buy-and-hold At a listing price of €349,000, this property is overpriced given its fair value of €147,710, suggesting poor investment fundamentals. The relatively low yield of 3.3% further undermines its suitability for a buy-and-hold strategy in the current market conditions.
Economic Vulnerability With an economic stability score of 65/100, there is a risk that local economic fluctuations could adversely impact tenant demand or rental income stability.
