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.
2-bedroom, 2-bathroom apartment of 89 m², built in 1984, energy rating C. Located on avenida Tomás Cabreira, 34, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment offers direct beachfront access and includes a substantial balcony perfect for entertaining while enjoying panoramic views of Praia da Rocha.
The valuation. The asking price of €599,000 significantly exceeds the fair value of €177,690, presenting an overvaluation of €421,310 (70.3%). This indicates that the property is overpriced in the current market.
Fair value modelled at €177,690 from the area baseline, adjusted for condition and location. Asking €599,000 sits €421,310 (70.3%) above — overpriced versus fair value.
Asking €599,000 versus the avenida Tomás Cabreira, 34 area baseline of €288,182 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 79 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
avenida Tomás Cabreira, 34
Area baseline €288,182 + condition +€9,595 + location +€15,281 = modelled fair value of €177,690 (€1,997/m²), a €421,310 (70.3%) gap versus the €599,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Tomás Cabreira, 34 | Subject | €599,000 | €6,730 | — | 79 | 75 |
| rua Vale de Lagar, 21 | Active | €274,800 | €2,893 | 57.0% | 70 | 62 |
| Portimão · dee648 | Active | €350,000 | €3,684 | 45.3% | 75 | 76 |
| rua da Raminha, 25 | Active | €308,000 | €3,385 | 49.7% | 75 | 74 |
| praceta Mar de Timor | Active | €335,000 | €3,018 | 55.2% | 68 | 71 |
| Median comp | €321,500 | €3,202 | 52.4% | 73 | 73 |
Short-term vacation rental The property’s listing price of €599,000 significantly exceeds its fair value of €177,690, indicating a substantial overpricing of 70.3%. With a gross yield of only 2.4%, this investment lacks the strong financial returns typically desired in a short-term rental market. Buy-and-hold This 2-bed apartment, listed well above its fair value, results in an unfavorable investment position with a 70.3% gap. Investors looking for steady appreciation in a buy-and-hold strategy may find this property’s financial metrics, including a gross yield of just 2.4%, unappealing given its overvaluation. Long-term rental With a listing price far above its fair value, this apartment demonstrates a concerning overpricing of 70.3%, making it a less attractive option for long-term rental. The gross yield of 2.4% fails to provide the cash flow expectation investors typically seek in a stable rental asset.
Economic Vulnerability The economic stability score of 65/100 indicates a potential risk of fluctuations in market conditions that could impact property values and rental income.
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