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 mix_use_building of 130 m², energy rating B. Located on avenida Tomás Cabreira, Portimão parish, Portimão municipality, Faro district. This property includes the unique advantage of three exclusive parking spaces, a rarity in such a high-demand coastal area, enhancing its appeal for various commercial uses.
The valuation. The property is listed at €400,000, which sits €172,259 (43.1%) above its fair value of €227,741. Thus, the asking price is significantly overpriced in the current market context.
Fair value modelled at €227,741 from the area baseline, adjusted for condition and location. Asking €400,000 sits €172,259 (43.1%) above — overpriced versus fair value.
Asking €400,000 versus the avenida Tomás Cabreira area baseline of €419,380 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Tomás Cabreira
Area baseline €419,380 + condition -€14,219 + location +€18,750 = modelled fair value of €227,741 (€1,752/m²), a €172,259 (43.1%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Tomás Cabreira | Subject | €400,000 | €3,077 | — | 70 | 71 |
| Portimão · dee59b | Active | €375,000 | €4,934 | 60.4% | 70 | 75 |
| rua das Amendoeiras | Active | €295,000 | €2,757 | 10.4% | 70 | 71 |
| Portimão · 261f7c | Active | €516,600 | €6,709 | 118.0% | — | 75 |
| Portimão · dee4f6 | Active | €516,600 | €6,709 | 118.0% | — | 73 |
| Median comp | €445,800 | €5,822 | 89.2% | 70 | 74 |
Short-term vacation rental The property is overpriced at €400,000 compared to a fair value of €227,741, making it an unsuitable investment in the vacation rental market where yields are expected to be higher. Given its 0% gross yield and moderate condition rating of 68/100, this property fails to meet the financial criteria for a successful short-term rental. Long-term rental With a current listing price that is 43.1% above its estimated fair value, the property does not align with the fundamentals required for a long-term rental strategy. The lack of any gross yield further emphasizes that this investment is not positioned to take advantage of steady rental income in a tourist-oriented area. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable, given its significant pricing overvaluation at €400,000 versus €227,741 fair value. The 0% gross yield indicates that it will not generate rental income in the foreseeable future, undermining the potential for capital appreciation in Portimão’s competitive market.
Economic Volatility Risk A score of 65 in economic stability indicates potential fluctuations that could affect rent prices and property value.
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