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, 2-bathroom apartment of 81 m², built in 1991. Located Portimão parish, Portimão municipality, Faro district. This apartment boasts excellent solar exposure with balconies on both north and south facades, ensuring abundant natural light and pleasant airflow throughout the living spaces.
The valuation. The asking price of €230,000 is significantly above its fair value of €124,891, reflecting an overpriced status with a difference of €105,109 (45.7%). This property does not represent a financially sound investment. Buy-to-flip angle. A buy-to-flip strategy could yield limited returns given the high acquisition cost, requiring extensive renovations to make it appealing for resale in a competitive market. The significant gap between the asking price and fair value complicates quick profits. Buy-to-let angle. This property offers a gross yield of 5.7%, with potential rental income estimated at €1,092/month. However, its basic condition and mixed neighborhood may affect long-term tenant interest and stability in cash flow.
Fair value modelled at €124,891 from the area baseline, adjusted for condition and location. Asking €230,000 sits €105,109 (45.7%) above — overpriced versus fair value.
Asking €230,000 versus the Portimão, Portimão, Faro area baseline of €261,306 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 60 · Materials 50 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
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.
Portimão, Portimão, Faro
Area baseline €261,306 + condition -€25,313 + location +€11,126 = modelled fair value of €124,891 (€1,542/m²), a €105,109 (45.7%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · de0c29 | Subject | €230,000 | €2,840 | — | 60 | 70 |
| urbanização do Fojo | Active | €320,000 | €2,909 | 2.5% | 68 | 76 |
| Portimão · 1e6477 | Active | €295,000 | €3,105 | 9.4% | 65 | 70 |
| avenida São João de Deus | Active | €265,000 | €2,978 | 4.9% | 65 | 75 |
| rua José Manuel Valverde | Active | €310,000 | €2,870 | 1.1% | 70 | 72 |
| Median comp | €302,500 | €2,944 | 3.7% | 67 | 74 |
Short-term vacation rental The property is overpriced with a gap of 45.7% compared to fair value, suggesting that potential returns may not justify the investment. With a gross yield of 5.7%, the current financial metrics do not support a compelling case for short-term rentals, especially in a market influenced by seasonal employment. Buy-and-hold At €230,000, this asset is overpriced, creating a significant barrier to achieving reasonable long-term appreciation. While the property is located in a generally family-friendly neighborhood, the valuation suggests that future price growth may be limited, making this strategy less attractive. Family rental The current asking price is 45.7% above fair value, indicating that the apartment is overpriced for a family rental investment. Although the neighborhood is rated as decent for families, the high purchase price in relation to fair value reduces the feasibility of generating consistent rental income in the long term.
Economic Volatility Risk The economic stability score of 65/100 indicates potential fluctuations in the local economy, which may affect tenant retention and property values.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Free — sign in to request
