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 108 m², built in 2008, energy rating C. Located on rua José Manuel Valverde, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes multiple balconies that enhance outdoor space while ensuring each room benefits from abundant sunlight due to its strategic east-west orientation.
The valuation. The asking price of €310,000 is significantly above the fair value of €190,786, representing an overpricing of €119,214 (38.5%). This property is not a viable investment option given that it is priced excessively in the current market. Buy-to-flip angle. Given its condition rating of 69/100, potential updates to fixtures and appliances could enhance resale value, providing a buy-to-flip opportunity. However, the current asking price limits immediate profit potential unless acquired well below market value. Buy-to-let angle. The estimated rental income of €1,137 per month offers a gross yield of 4.4%, positioning it for long-term rental strategies in a tourist-friendly area. However, the high acquisition price negatively impacts the overall investment return in the rental market.
Fair value modelled at €190,786 from the area baseline, adjusted for condition and location. Asking €310,000 sits €119,214 (38.5%) above — overpriced versus fair value.
Asking €310,000 versus the rua José Manuel Valverde area baseline of €185,436 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 67 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua José Manuel Valverde
Area baseline €185,436 + condition -€10,969 + location +€16,318 = modelled fair value of €190,786 (€1,767/m²), a €119,214 (38.5%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Manuel Valverde | Subject | €310,000 | €2,870 | — | 70 | 72 |
| urbanização do Fojo | Active | €320,000 | €2,909 | 1.3% | 68 | 76 |
| Portimão · 1e6477 | Active | €295,000 | €3,105 | 8.2% | 65 | 70 |
| praceta Mar de Timor | Active | €335,000 | €3,018 | 5.1% | 68 | 71 |
| Alvor · cfe295 | Active | €578,000 | €3,211 | 11.9% | 73 | 74 |
| Median comp | €327,500 | €3,062 | 6.7% | 68 | 73 |
Short-term vacation rental Given the property’s proximity to the Algarve coast, there is potential for vacation rentals, but the current price suggests a poor return on investment. With a gross yield of 4.4% and a fair value gap of 38.5%, this apartment is positioned at an elevated price point that undermines profitability in a competitive market. Buy-and-hold While the buy-and-hold strategy could offer long-term benefits in a tourist-friendly area, the apartment's overpriced listing at €310,000 reflects a significant gap from its fair value. Investors should be cautious, as the diminished appreciation potential could impact overall returns. Long-term rental In the context of long-term rentals, the €310,000 asking price results in a yield that fails to compensate for the property’s overpriced valuation relative to the fair value of €190,786. This higher entry cost limits cash flow and could deter quality tenants, making it a less attractive investment choice.
Economic Risk Given the economic stability score of 65/100, there is a moderate risk of economic downturn affecting rental income and property value.
