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, 2-bathroom duplex of 181 m², built in 2009, energy rating D. Located Portimão parish, Portimão municipality, Faro district. This property boasts exclusive access to luxury amenities including outdoor and indoor heated pools, tennis courts, and stunning sea views from multiple private terraces.
The valuation. The asking price of €595,000 is significantly above the fair value of €345,656, representing an overvaluation of €249,344 (41.9%). This property is overpriced relative to its market value. Buy-to-flip angle. A resale strategy would focus on capitalizing on the property’s high-quality finishes and location near tourist attractions by targeting buyers looking for turnkey investment opportunities. Quick renovations could enhance appeal, though substantial profit may be challenging given the overvaluation. Buy-to-let angle. With a gross yield of 2.8%, the rental income strategy could involve leveraging the proximity to tourist spots for short-term vacation rentals, potentially generating roughly €1,388 per month. However, the dependence on seasonal tourism may impact consistent cash flow.
Fair value modelled at €345,656 from the area baseline, adjusted for condition and location. Asking €595,000 sits €249,344 (41.9%) above — overpriced versus fair value.
Asking €595,000 versus the Portimão, Portimão, Faro area baseline of €310,777 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 78 · Materials 82 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 70 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €310,777 + condition +€14,989 + location +€19,890 = modelled fair value of €345,656 (€1,910/m²), a €249,344 (41.9%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 261fb5 | Subject | €595,000 | €3,287 | — | 78 | 66 |
| avenida das Comunidades Lusíadas, 3 | Active | €450,000 | €3,462 | 5.3% | 74 | 70 |
| Portimão · dee648 | Active | €350,000 | €3,684 | 12.1% | 75 | 76 |
| rua Vieira da Silva | Active | €495,000 | €4,125 | 25.5% | 75 | 73 |
| avenida Tomás Cabreira, 34 | Active | €525,000 | €5,899 | 79.4% | 80 | 67 |
| Median comp | €472,500 | €3,905 | 18.8% | 75 | 72 |
Short-term vacation rental The property is overpriced at €595,000, with a fair value of €345,656, indicating a significant gap of 41.9%. Given its location near major tourist attractions in Algarve, the gross yield of 2.8% suggests that potential returns may not justify the high purchase price, making it a less attractive option for this strategy. Buy-and-hold With the current listing price being 41.9% above the fair value, this property does not present a sound investment for a buy-and-hold strategy. The limited yield of 2.8% further indicates that the investment may not generate satisfactory long-term returns in this overpriced market. Family rental While positioned in a location with potential family appeal, the property’s asking price of €595,000 is significantly above its fair value, resulting in a 41.9% valuation gap. This overpricing, alongside a relatively low gross yield of 2.8%, limits the attractiveness for family rentals despite a decent neighborhood rating of 66/100.
Tenant turnover risk The combined Tenant Stability score of 65/100 suggests that there may be a significant risk of tenants frequently moving out, potentially leading to increased vacancy rates and inconsistent rental income.
