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.
0-bedroom, 1-bathroom apartment of 119 m², energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes a spacious private terrace perfect for outdoor entertaining and offers unobstructed panoramic views of the Algarve landscape, enhancing its luxurious appeal.
The valuation. The asking price of €270,000 exceeds the fair value of €225,092 by €44,908 (16.6%), indicating that the property is overpriced. Buyers should carefully evaluate this discrepancy before making a decision.
Fair value modelled at €225,092 from the area baseline, adjusted for condition and location. Asking €270,000 sits €44,908 (16.6%) above — overpriced versus fair value.
Asking €270,000 versus the Portimão, Portimão, Faro area baseline of €383,894 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €383,894 + condition +€2,789 + location +€17,980 = modelled fair value of €225,092 (€1,892/m²), a €44,908 (16.6%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · f35ec2 | Subject | €270,000 | €2,269 | — | 73 | 72 |
| Portimão · 0019d9 | Active | €350,000 | €7,447 | 228.2% | 82 | 74 |
| Portimão · 38acd6 | Active | €230,000 | €6,216 | 174.0% | 74 | 65 |
| Portimão · 1e638b | Active | €211,720 | €5,293 | 133.3% | 75 | 72 |
| Portimão · 6f40a7 | Active | €650,000 | €5,328 | 134.8% | 72 | 80 |
| Median comp | €290,000 | €5,772 | 154.4% | 75 | 73 |
Short-term vacation rental The property is overpriced at €270,000 compared to a fair value of €225,092, representing a 16.6% gap. With a gross yield of 5.4%, the potential returns may not justify the high entry cost, especially in a market with seasonal fluctuations. Long-term rental At €270,000, the property exceeds its fair value by 16.6%, indicating it is overpriced for long-term rental purposes. Despite a decent gross yield of 5.4%, the economic variability in the Algarve region may hinder consistent tenant demand and rental stability. Buy-and-hold Purchasing this property at €270,000, which is overpriced by 16.6% against the fair value, poses risks for a buy-and-hold strategy. The combination of seasonal tourism influences and economic variability in the neighbourhood raises concerns about long-term appreciation and overall investment viability.
Moderate economic risk With an economic stability score of 65/100, there is a potential risk of fluctuations in local economic conditions affecting rental income and property value.
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