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.
4-bedroom, 3-bathroom house of 325 m², built in 1997. Located Portimão parish, Portimão municipality, Faro district. The property boasts a meticulously maintained pool area and a spacious yard suitable for gardening or leisure activities, emphasizing outdoor living in a tranquil residential setting.
The valuation. The asking price of €850,000 is significantly above the fair value of €577,701, indicating an overpricing of €272,299 (32.0%). This discrepancy suggests potential buyers should approach with caution regarding this investment.
Fair value modelled at €577,701 from the area baseline, adjusted for condition and location. Asking €850,000 sits €272,299 (32.0%) above — overpriced versus fair value.
Asking €850,000 versus the Portimão, Portimão, Faro area baseline of €1,052,350 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 75 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €1,052,350 + condition -€7,109 + location +€26,785 = modelled fair value of €577,701 (€1,778/m²), a €272,299 (32.0%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · ba3ce5 | Subject | €850,000 | €2,615 | — | 70 | 62 |
| Portimão · 2620cd | Active | €820,000 | €1,943 | 25.7% | 66 | 81 |
| rua Dona Maria de Aragão e Castela | Active | €760,000 | €2,289 | 12.5% | 74 | 70 |
| Portimão · 4bbf95 | Active | €798,000 | €2,771 | 5.9% | — | 74 |
| Portimão · 25f68d | Active | €849,000 | €2,748 | 5.1% | — | 64 |
| Median comp | €809,000 | €2,519 | 3.7% | 70 | 72 |
Short-term vacation rental This property, listed at €850,000, exceeds its fair value by 32% and offers a gross yield of just 3.8%, suggesting that it may struggle to attract seasonal tenants sufficiently to justify the investment. With a condition score of 74/100, the property's appeal may be limited, especially given high competition in the Algarve vacation rental market. Buy-and-hold At €850,000, the property is substantially overpriced compared to its fair value of €577,701, indicating a significant risk of capital loss for long-term hold strategies in a region vulnerable to tourism fluctuations. Given the neighbourhood’s score of 62/100 and economic reliance on seasonal tourism, this investment may not deliver the expected appreciation over time. Family rental The current listing price of €850,000 is 32% higher than the fair value, and with a yield of only 3.8%, this property may not be attractive to families looking for rental options. Additionally, the neighbourhood scores suggest limited amenities and tenant quality may deter long-term family tenants, making this an unwise investment choice. Not ideal for: Student housing, Luxury market The property’s significant overpricing and low yield indicate that it is not ideal for student housing, where affordability is key. Furthermore, the same pricing concerns make it unsuitable for the luxury market, which typically demands higher quality and exclusivity.
Economic Instability Risk The property has a low economic stability score of 55/100, indicating potential volatility in market conditions that may affect rental income.
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