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, 4-bathroom house of 422 m², built in 1984. Located Portimão parish, Portimão municipality, Faro district. Unique Features: This property includes a versatile garage with expansion potential and direct access to the outdoor leisure area, enhancing the overall entertainment experience.
The valuation. The asking price of €820,000 exceeds the fair value of €768,265 by €51,735, representing a 6.3% premium. Thus, the property is characterized as overpriced in the current market context.
Fair value modelled at €768,265 from the area baseline, adjusted for condition and location. Asking €820,000 sits €51,735 (6.3%) above — overpriced versus fair value.
Asking €820,000 versus the Portimão, Portimão, Faro area baseline of €724,574 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 66 · Materials 72 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 81/100 (Housing Market 85 · Amenities 85 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €724,574 + condition -€46,156 + location +€89,847 = modelled fair value of €768,265 (€1,821/m²), a €51,735 (6.3%) gap versus the €820,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 2620cd | Subject | €820,000 | €1,943 | — | 66 | 81 |
| Portimão · 25f68d | Active | €849,000 | €2,748 | 41.4% | — | 64 |
| Portimão · ba3ce5 | Active | €850,000 | €2,615 | 34.6% | 70 | 62 |
| Portimão · 4bbf95 | Active | €798,000 | €2,771 | 42.6% | — | 74 |
| Portimão · dee415 | Active | €638,000 | €2,647 | 36.2% | 64 | 68 |
| Median comp | €823,500 | €2,698 | 38.8% | 67 | 66 |
Short-term vacation rental Despite the appeal of Portimão's tourism and a healthy neighbourhood score of 81/100, the property is overpriced at €820,000 versus a fair value of €768,265, leading to a modest yield of just 3.7% gross. Given the condition rating of 68/100, investment in this strategy may not justify the premium pricing. Long-term rental While Portimão presents opportunities for long-term rental investments, the current listing price of €820,000 exceeds fair value by 6.3%, indicating that potential rental income may be insufficient to offset the high acquisition cost. With a gross yield of 3.7%, investors might find more appealing options in the market. Buy-and-hold Investing in this property as a buy-and-hold strategy is discouraged as it is priced at €820,000, which is above the fair value of €768,265, resulting in limited upside potential. The current yield of 3.7% gross coupled with an average condition score suggests that this investment may not align with long-term appreciation goals.
Economic volatility risk The property may face fluctuations in economic stability, as indicated by a score of 75/100, which could impact tenant retention and rental income efficiency.
