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, 1-bathroom apartment of 73 m², energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a unique bar area, ideal for social gatherings, and is located just one minute from the picturesque Praia da Rocha beach.
The valuation. The asking price of €310,000 is significantly above the fair value of €124,554, indicating an overvaluation of €185,446 (59.8%). This property is not aligned with market expectations based on its current condition and location.
Fair value modelled at €124,554 from the area baseline, adjusted for condition and location. Asking €310,000 sits €185,446 (59.8%) above — overpriced versus fair value.
Asking €310,000 versus the Portimão, Portimão, Faro area baseline of €236,374 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 65 · Materials 70 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €236,374 + condition -€12,319 + location +€11,531 = modelled fair value of €124,554 (€1,706/m²), a €185,446 (59.8%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · f363ac | Subject | €310,000 | €4,247 | — | 65 | 73 |
| rua da Raminha, 14 | Active | €345,000 | €3,833 | 9.7% | 65 | 71 |
| Portimão · ba3dc6 | Active | €225,000 | €2,848 | 32.9% | 55 | 74 |
| Portimão · 956ee1 | Active | €222,000 | €2,921 | 31.2% | 68 | 73 |
| avenida das Comunidades Lusíadas | Active | €224,000 | €4,766 | 12.2% | — | 71 |
| Median comp | €224,500 | €3,377 | 20.5% | 65 | 72 |
Short-term vacation rental This property is overpriced at €310,000 compared to a fair value of €124,554, indicating a 59.8% gap which could deter potential investors looking for immediate returns. With a gross yield of only 4.2%, the potential for profit in the competitive vacation rental market may not justify this investment. Long-term rental At €310,000, this 2-bed apartment is clearly overpriced, creating a considerable disconnect from the fair value of €124,554. The 4.2% gross yield suggests limited attractiveness for long-term rental investments given the rising costs relative to rental income. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable due to its overpriced status of €310,000 when fair value is just €124,554. The 59.8% gap presents a risk that undermines potential equity growth in a market where property values may stagnate or decline.
Economic vulnerability With an economic stability score of 65/100, there is a potential risk of economic fluctuations negatively affecting the property's value and rental income.
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