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 studio of 47 m², energy rating D. Located on avenida das Comunidades Lusíadas, Portimão parish, Portimão municipality, Faro district. This studio offers exceptional amenities including a gated community with 24-hour security and a swimming pool, enhancing its appeal for both living and rental opportunities.
The valuation. The asking price of €224,000 significantly exceeds the fair value of €39,685, indicating an overvaluation of €184,315 (82.3%). This property is not a viable investment based on its current pricing position. Buy-to-flip angle. A buy-and-flip strategy may not be favorable as the current asking price limits potential resale profits, given the substantial overpricing. Rapid appreciation in this area is unlikely in the short term. Buy-to-let angle. The estimated gross yield of 4.4% from rental income of €821/month suggests a reasonable return for long-term rentals in a tourist-friendly region. However, the high purchase price may compromise overall investment viability.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida das Comunidades Lusíadas | Subject | €224,000 | €4,766 | — | — | 71 |
| Portimão · cfe06a | Active | €236,000 | €6,378 | 33.8% | — | 75 |
| Portimão · ba39cf | Active | €280,000 | €3,944 | 17.3% | 70 | 69 |
| avenida das Comunidades Lusíadas S / N | Active | €310,000 | €6,596 | 38.4% | 70 | 71 |
| avenida Tomás Cabreira | Active | €325,000 | €4,392 | 7.8% | 70 | 71 |
| Median comp | €295,000 | €5,385 | 13.0% | 70 | 71 |
Short-term vacation rental The property’s significant gap of 82.3% from fair value indicates it is overpriced, making it an unappealing short-term vacation rental investment. Despite the Algarve’s strong tourist appeal, the yield of 4.4% does not justify the high entry price in the current market. Long-term rental With a fair value of €39,685, the property is overpriced at €224,000, leading to concerns about potential returns in the long-term rental market. The low yield of 4.4% signals that the investment may not perform well in a competitive environment, despite the neighborhood’s favorable ranking of 71/100. Buy-and-hold As an overpriced asset, the property is unlikely to deliver the anticipated appreciation benefits over time, especially given its current valuation of €224,000 compared to the fair value of €39,685. Investors seeking stability in their buy-and-hold strategy should be cautious, as the combination of a 4.4% yield and a condition rating of 0/100 presents significant risks.
Economic and Tenant Instability Risk The property faces a risk of fluctuating rental income due to its economic and tenant stability scores of 65/100, indicating potential volatility in occupancy and tenant retention.
