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.
2-bedroom, 1-bathroom apartment of 79 m², built in 1981, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a private balcony ideal for relaxation while enjoying panoramic city views, complemented by an excellent location near Arade River and cultural attractions.
The valuation. The asking price of €225,000 is significantly above the fair value of €130,396, resulting in an overpriced evaluation of €94,604 or 42.0%. This discrepancy suggests the property may not be a feasible investment under current market conditions.
Fair value modelled at €130,396 from the area baseline, adjusted for condition and location. Asking €225,000 sits €94,604 (42.0%) above — overpriced versus fair value.
Asking €225,000 versus the Portimão, Portimão, Faro area baseline of €135,643 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 55 · Materials 62 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €135,643 + condition -€18,269 + location +€13,022 = modelled fair value of €130,396 (€1,651/m²), a €94,604 (42.0%) gap versus the €225,000 asking price.
Short-term vacation rental This property is overpriced by 42.0% compared to its fair value, making it a less attractive option for investors seeking immediate returns in the short-term rental market. With a gross yield of 5.2% in a tourist-focused location, the potential profitability may not justify the current asking price. Buy-and-hold The significant markup over fair value suggests this property is not a solid long-term investment, as the expected appreciation may be insufficient to offset the premium paid. The condition rating of 60/100 further indicates that immediate capital expenditures would be necessary, diminishing the attractiveness of a buy-and-hold strategy. Family rental Targeting families in a neighborhood that rates 74/100 might seem appealing, yet the property's inflated price and lack of value present challenges for generating consistent rental income. The current pricing over fair value raises concerns about future rental viability and overall return on investment for this strategy.
Economic Volatility Risk The economic stability score of 65/100 indicates potential fluctuations in the local economy, which could impact rental income and occupancy rates.
