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.
3-bedroom, 4-bathroom house of 438 m², built in 1994, energy rating E. Located on rua da Fundação, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a rooftop terrace providing panoramic views, and a basement with kitchenette and lounge area, enhancing its functional living options.
The valuation. The asking price of €695,000 is significantly below the fair value of €890,120, representing a discount of €195,120 (28.1%). This indicates a potentially lucrative investment opportunity due to the undervalued status of the property.
Fair value modelled at €822,475 from the area baseline, adjusted for condition and location. Asking €695,000 sits €127,475 (18.3%) below — the upside to fair value.
Asking €695,000 versus the rua da Fundação area baseline of €752,046 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 70 · Materials 75 · Room dimensions 83). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua da Fundação
Area baseline €752,046 + condition +€10,266 + location +€60,164 = modelled fair value of €822,475 (€1,878/m²), a €127,475 (18.3%) gap versus the €695,000 asking price.
Short-term vacation rental This property presents a compelling opportunity for a short-term vacation rental strategy, given its competitive yield of 4.7% gross in the popular Algarve region. With a fair value calculated at €890,120, the listing price of €695,000 reflects a significant 28.1% gap that can attract seasonal tourists looking for quality accommodations. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield favorable returns, thanks to its fair value being well above the current listing price, indicating potential for value appreciation. The property’s condition score of 77/100 suggests good maintainability, making it a stable asset for long-term investment in a sought-after location. Family rental This house is well-suited for family rental, considering its spacious configuration and appealing neighborhood scores of 70/100. The attractive pricing at €695,000, compared to its fair value, positions this property as a suitable option for families seeking long-term accommodations in a desirable area of Portimão.
Economic vulnerability The economic stability score of 65/100 indicates a moderate risk of downturns affecting property values and rental income.
