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 61 m², built in 2007, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes an integrated design wine cellar and a state-of-the-art fireplace system, enhancing both its aesthetic appeal and comfort year-round.
The valuation. The asking price of €445,000 is significantly above fair value, which is estimated at €122,836, marking an overpricing of €322,164 (72.4%). This property is overheated in the current market context.
Fair value modelled at €122,836 from the area baseline, adjusted for condition and location. Asking €445,000 sits €322,164 (72.4%) above — overpriced versus fair value.
Asking €445,000 versus the Portimão, Portimão, Faro area baseline of €197,518 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €197,518 + condition +€7,625 + location +€10,474 = modelled fair value of €122,836 (€2,014/m²), a €322,164 (72.4%) gap versus the €445,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 73568c | Subject | €445,000 | €7,295 | — | 80 | 75 |
| avenida das Comunidades Lusíadas, 3 | Active | €245,000 | €5,213 | 28.5% | 80 | 76 |
| avenida das Comunidades Lusíadas | Active | €369,000 | €4,146 | 43.2% | 75 | 73 |
| Portimão · 4bc7e5 | Active | €450,000 | €3,462 | 52.5% | 75 | 72 |
| Portimão · b7b821 | Active | €329,000 | €5,141 | 29.5% | 70 | 71 |
| Median comp | €349,000 | €4,644 | 36.3% | 75 | 73 |
Short-term vacation rental This 1-bed apartment in Portimão is overpriced by 72.4% compared to its fair value, resulting in a gross yield of just 2.1%, insufficient for a strong vacation rental return. Additionally, while the Algarve attracts seasonal tourists, its high price point may diminish potential profitability during off-peak periods. Buy-and-hold Acquiring the Portimão apartment at €445,000 represents a significant premium over its fair value, ultimately offering a disappointing 2.1% gross yield for long-term capital appreciation. Given the pricing pressure, holding this asset may not yield favorable returns in the long run despite the appealing local amenities. Family rental At €445,000, the pricing of the apartment is substantially above fair value, limiting its attractiveness as a viable family rental investment with a low yield of 2.1%. While the neighborhood offers good amenities, the profit potential does not justify the high entry cost for this rental strategy.
Economic Vulnerability The economic stability score of 70/100 indicates a moderate risk, suggesting potential fluctuations in market conditions that could impact rental income and property value.
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