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.
1-bedroom, 1-bathroom apartment of 40 m², built in 1966, energy rating D. Located on rua de São Tomé e Príncipe, Portimão parish, Portimão municipality, Faro district. This apartment features an open space kitchen with modern electric appliances, enhancing both functionality and convenience in a stylish living area.
The valuation. The asking price of €217,500 is significantly above the fair value of €76,987, representing an overvaluation of €140,513 (64.6%). This suggests that the property is overpriced and may not attract discerning buyers.
Fair value modelled at €76,987 from the area baseline, adjusted for condition and location. Asking €217,500 sits €140,513 (64.6%) above — overpriced versus fair value.
Asking €217,500 versus the rua de São Tomé e Príncipe area baseline of €129,040 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 80 · Materials 77 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 75 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua de São Tomé e Príncipe
Area baseline €129,040 + condition +€2,813 + location +€5,494 = modelled fair value of €76,987 (€1,925/m²), a €140,513 (64.6%) gap versus the €217,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de São Tomé e Príncipe | Subject | €217,500 | €5,438 | — | 80 | 70 |
| rua Cabo da Boa Esperança | Active | €237,000 | €4,740 | 12.8% | 75 | 72 |
| Portimão · 1e638b | Active | €211,720 | €5,293 | 2.7% | 75 | 72 |
| Portimão · 38acd6 | Active | €230,000 | €6,216 | 14.3% | 74 | 65 |
| Portimão · 0019d9 | Active | €350,000 | €7,447 | 37.0% | 82 | 74 |
| Median comp | €233,500 | €5,755 | 5.8% | 75 | 72 |
Short-term vacation rental This 1-bed apartment is overpriced by 64.6% compared to its fair value of €76,987, limiting its potential return on investment as a short-term vacation rental. With a gross yield of only 4.2%, the property does not align with the high demand and premium pricing typically associated with Algarve tourist destinations. Long-term rental The property’s current pricing reflects a significant premium with a 64.6% gap from fair value, indicating that it may be difficult to achieve competitive rental yields in the long-term rental market. The 4.2% gross yield is not compelling enough for long-term investors given the perceived market risks and overall economic conditions. Buy-and-hold Investing in this property as a buy-and-hold strategy appears unwise due to its 64.6% overvaluation against its fair value of €76,987. The projected gross yield of 4.2% does not justify the high purchasing price, making it challenging to realize satisfactory returns in a potential future market recovery.
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk in revenue generation due to a less favorable economic environment.
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