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, 2-bathroom house of 133 m², built in 1969, energy rating E. Located on rua Padre Evaristo Guerreiro S / N, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This property includes a legalized annex with a suite bedroom and versatile storage space, and features a patio that enhances outdoor living for entertaining.**
The valuation. The asking price of €420,000 exceeds the fair value of €215,424 by €204,576, representing an overvaluation of 48.7%. Such a significant disparity indicates that the property is overpriced, limiting immediate investment appeal.
Fair value modelled at €215,424 from the area baseline, adjusted for condition and location. Asking €420,000 sits €204,576 (48.7%) above — overpriced versus fair value.
Asking €420,000 versus the rua Padre Evaristo Guerreiro S / N area baseline of €228,361 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 62 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 75 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Padre Evaristo Guerreiro S / N
Area baseline €228,361 + condition -€23,898 + location +€10,961 = modelled fair value of €215,424 (€1,620/m²), a €204,576 (48.7%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Evaristo Guerreiro S / N | Subject | €420,000 | €3,158 | — | 62 | 62 |
| Portimão · 6d54ac | Active | €485,000 | €3,050 | 3.4% | 55 | 70 |
| rua J. J. Rodrigues de Freitas, 13 | Active | €459,000 | €5,961 | 88.8% | 68 | 73 |
| Portimão · 65a674 | Active | €349,000 | €4,474 | 41.7% | 75 | 73 |
| Portimão · 956f2d | Active | €1,500,000 | €23,438 | 642.2% | 70 | 72 |
| Median comp | €472,000 | €5,218 | 65.2% | 69 | 73 |
Short-term vacation rental This property primarily caters to the short-term vacation rental market; however, with a 48.7% gap compared to its fair value of €215,424, the investment appears overpriced. Additionally, its gross yield of 3.6% fails to justify the high entry price, making it less appealing in a competitive tourism sector. Family rental The 3-bed house is positioned in a family-oriented area, yet it is priced at €420,000, significantly above the fair value of €215,424, indicating it is overpriced. The condition rating of 64/100 and the neighborhood score of 62/100 further suggest that there may be more suitable rental options available for families at lower price points. Buy-and-hold While this property might seem like a candidate for a buy-and-hold strategy, the substantial pricing discrepancy—€420,000 against a fair value of €215,424—signals that it is overpriced. Investors may struggle to realize adequate appreciation or cash flow, given the low gross yield of 3.6% in a moderately rated neighborhood.
Economic and Tenant Instability Risk With both economic stability and tenant stability scores at 60/100, there is a heightened risk of fluctuating rental income and potential difficulties in retaining tenants, indicating an unstable investment environment.
