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.
0-bedroom, 0-bathroom apartment of 90 m², built in 1994. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property enjoys a prestigious location directly on the first line of Praia da Rocha, offering unobstructed panoramic sea views and exclusive access to vibrant beachfront activities.
The valuation. The asking price of €850,000 is significantly above its fair value of €166,977, exceeding it by €683,023 or 80.4%. This property is unequivocally overpriced in the current market context.
Fair value modelled at €166,977 from the area baseline, adjusted for condition and location. Asking €850,000 sits €683,023 (80.4%) above — overpriced versus fair value.
Asking €850,000 versus the Portimão, Portimão, Faro area baseline of €290,340 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 70 · Materials 79 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €290,340 + condition +€703 + location +€11,744 = modelled fair value of €166,977 (€1,855/m²), a €683,023 (80.4%) gap versus the €850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 6fbc24 | Subject | €850,000 | €9,444 | — | 70 | 69 |
| Portimão · 82c682 | Active | €229,000 | €4,978 | 47.3% | 75 | 74 |
| Portimão · 0019d9 | Active | €350,000 | €7,447 | 21.2% | 82 | 74 |
| Portimão · 6f40a7 | Active | €650,000 | €5,328 | 43.6% | 72 | 80 |
| Portimão · 420269 | Active | €315,000 | €5,000 | 47.1% | 72 | 79 |
| Median comp | €332,500 | €5,164 | 45.3% | 74 | 77 |
Short-term vacation rental This property’s proximity to popular tourist attractions in the Algarve may suggest potential for short-term vacation rentals; however, the significant gap of 80.4% between the listing price and fair value indicates that it is priced far too high to ensure a favorable return on investment. With a yield of only 1.4% gross, the financial viability of this strategy is compromised, making it a less attractive option in an already competitive market. Buy-and-hold Despite the appeal of long-term investments in the tourist-heavy Portimão area, this property is currently overpriced with a fair value of just €166,977, raising concerns about future appreciation and cash flow. The combination of a low gross yield of 1.4% and high purchase price poses significant risks that do not align with the buy-and-hold investment strategy. Long-term rental While long-term rentals can offer stability in a tourism-driven economy like Portimão, the high purchase price of €850,000 compared to its fair value creates a potential financial strain, ultimately leading to negative cash flow scenarios. The 1.4% gross yield and elevated cost erode the feasibility of this strategy, positioning it as an unfavorable investment choice in the current housing landscape.
Economic and Tenant Stability Risk Both the economic stability and tenant stability scores are at 65/100, indicating a moderate risk of fluctuations in rental income and occupancy rates.
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