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 239 m², built in 1997, energy rating D. Located on rua Projectada À Caldeira do Moinho, 34, Portimão parish, Portimão municipality, Faro district. This property features extensive outdoor terraces totaling over 200m², providing ample space for potential leisure and recreational use, enhancing its investment appeal for multi-family or hospitality ventures.
The valuation. The asking price of €550,000 is significantly above the fair value of €401,367, resulting in an overvaluation of €148,633 (27.0%). This property does not represent a sound investment at its current asking price.
Fair value modelled at €401,367 from the area baseline, adjusted for condition and location. Asking €550,000 sits €148,633 (27.0%) above — overpriced versus fair value.
Asking €550,000 versus the rua Projectada À Caldeira do Moinho, 34 area baseline of €410,363 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 60 · Materials 66 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Projectada À Caldeira do Moinho, 34
Area baseline €410,363 + condition -€41,825 + location +€32,829 = modelled fair value of €401,367 (€1,679/m²), a €148,633 (27.0%) gap versus the €550,000 asking price.
Short-term vacation rental The property is overpriced by 27.0% compared to its fair value, which may limit the potential for strong short-term rental returns despite the region's tourism appeal. With a gross yield of only 5.7%, investors could find better-performing options elsewhere in Portimão. Long-term rental Given the current asking price of €550,000, the property appears overpriced and may pose challenges in achieving sustainable long-term rental income. The low condition rating (64/100) combined with an inflated price could lead to extended vacancies and eroded yields. Buy-and-hold This property is overpriced at €550,000, which represents a significant gap of 27.0% from its estimated fair value, making it a less attractive buy-and-hold investment. Even in a desirable location like Portimão, the current valuation could hinder long-term appreciation and return on investment.
Economic Vulnerability The economic stability score of 55/100 indicates a heightened risk of economic downturns affecting rental income and property value.