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 114 m², built in 2018, energy rating B. Located Portimão parish, Portimão municipality, Faro district. Spacious and versatile living space: The apartment features two balconies, including a generous south-facing option perfect for sunlight exposure and scenic river views, enhancing outdoor living opportunities.
The valuation. The asking price of €425,000 is significantly above the fair value of €217,097, representing an overpricing of €207,903 or 48.9%. The property is currently not a viable investment based on its valuation.
Fair value modelled at €217,097 from the area baseline, adjusted for condition and location. Asking €425,000 sits €207,903 (48.9%) above — overpriced versus fair value.
Asking €425,000 versus the Portimão, Portimão, Faro area baseline of €367,764 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 81 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
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 €367,764 + condition +€5,700 + location +€15,659 = modelled fair value of €217,097 (€1,904/m²), a €207,903 (48.9%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 4a81a4 | Subject | €425,000 | €3,728 | — | 75 | 70 |
| urbanização Encosta do Pateiro | Active | €420,000 | €3,043 | 18.4% | 71 | 68 |
| Portimão · 96c64b | Active | €785,000 | €5,858 | 57.1% | 75 | 71 |
| Portimão · 090095 | Active | €495,000 | €3,536 | 5.2% | 75 | 75 |
| rua Zeca Afonso S / N | Active | €549,000 | €3,519 | 5.6% | 80 | 68 |
| Median comp | €522,000 | €3,528 | 5.4% | 75 | 70 |
Long-term rental The current asking price of €425,000 represents a significant 48.9% premium over its fair value of €217,097, indicating this property is overpriced for a long-term rental strategy. With a gross yield of only 3.6%, the investment return does not justify the elevated cost in a neighborhood rated 70/100. Short-term vacation rental While vacation rentals in Portimão can be lucrative due to tourism, the asking price of €425,000 makes this property overpriced at a substantial 48.9% above its fair value of €217,097. A gross yield of 3.6% further suggests that the potential returns do not warrant the elevated entry price. Buy-and-hold As a buy-and-hold investment, this property is overpriced at €425,000, which is 48.9% above its fair value of €217,097. The combination of a lower yield of 3.6% and the current market conditions does not present a compelling case for long-term appreciation at this price point.
[Economic Vulnerability] The property, with a modest economic stability score of 65/100, may face potential financial fluctuations that could impact rental income stability.
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