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 60 m², built in 2004, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts a sun-kissed balcony perfect for leisure, and exclusive parking within a gated community enhances convenience and security near the beach.
The valuation. The asking price of €292,000 sits significantly above fair value, which is assessed at €99,355. This results in a premium of €192,645 (66.0%), indicating the property is overpriced.
Fair value modelled at €99,355 from the area baseline, adjusted for condition and location. Asking €292,000 sits €192,645 (66.0%) above — overpriced versus fair value.
Asking €292,000 versus the Portimão, Portimão, Faro area baseline of €194,280 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 68 · Materials 65 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €194,280 + condition -€11,906 + location +€8,242 = modelled fair value of €99,355 (€1,656/m²), a €192,645 (66.0%) gap versus the €292,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 8936c2 | Subject | €292,000 | €4,867 | — | 68 | 70 |
| Portimão · 82c88e | Active | €247,500 | €4,057 | 16.6% | 60 | 75 |
| avenida das Comunidades Lusíadas S / N | Active | €310,000 | €6,596 | 35.5% | 70 | 71 |
| avenida Tomás Cabreira | Active | €369,000 | €4,100 | 15.8% | 55 | 75 |
| rua António Feu | Active | €355,000 | €5,145 | 5.7% | — | 67 |
| Median comp | €332,500 | €4,623 | 5.0% | 60 | 73 |
Short-term vacation rental The property’s price of €292,000 is significantly higher than the fair value of €99,355, indicating it is overpriced for a short-term vacation rental strategy. With a gross yield of only 3.3%, this investment does not generate sufficient return potential relative to its current asking price. Buy-and-hold At a listing price of €292,000, this one-bedroom apartment fails to align with its fair value of €99,355, making it a less attractive opportunity for a buy-and-hold strategy. The combination of an inadequate yield of 3.3% and overpricing suggests limited long-term capital appreciation potential. Family rental Considering its asking price of €292,000 against a fair value of €99,355, this property is overpriced for a family rental strategy. The lower yield of 3.3% creates a risk of escalating costs that could diminish demand from potential tenants in the family market.
Economic Vulnerability: With an economic stability score of 65/100, the potential for market fluctuations could impact rental income, posing a risk to overall investment returns.
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