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, 1-bathroom apartment of 21 m², built in 1988, energy rating C. Located on rua Frei Manuel Sepúlcro, Portimão parish, Portimão municipality, Faro district. This apartment features a closed balcony with a river view, ideal for relaxation, and is situated in a building with a common terrace and barbecue area for social gatherings.
The valuation. The asking price of €300,000 sits significantly above the fair value of €37,609, indicating it is overpriced by €262,391 (87.5%). This discrepancy suggests potential challenges for securing a profitable investment. Buy-to-flip angle. A buy-to-flip strategy may prove difficult due to the property's inflated price, making resale profitability unlikely without significant market appreciation or renovation beyond cosmetic updates. Buy-to-let angle. Given the purchase price, the expected gross yield is 0%, as estimates indicate no rental income, raising concerns about the sustainability of a buy-and-hold strategy in a fluctuating market.
Fair value modelled at €37,609 from the area baseline, adjusted for condition and location. Asking €300,000 sits €262,391 (87.5%) above — overpriced versus fair value.
Asking €300,000 versus the rua Frei Manuel Sepúlcro area baseline of €67,998 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 75 · Materials 70 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Frei Manuel Sepúlcro
Area baseline €67,998 + condition -€1,477 + location +€3,029 = modelled fair value of €37,609 (€1,791/m²), a €262,391 (87.5%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Frei Manuel Sepúlcro | Subject | €300,000 | €14,286 | — | 75 | 71 |
| rua Engenheiro José de Bívar, 2 | Active | €450,000 | €3,516 | 75.4% | 68 | 67 |
| Alvor · ba590d | Active | €265,000 | €2,760 | 80.7% | 70 | 74 |
| avenida Miguel Bombarda | Active | €370,000 | €3,627 | 74.6% | 70 | 71 |
| rua Horta do Palácio | Active | €305,000 | €3,813 | 73.3% | 75 | 70 |
| Median comp | €337,500 | €3,572 | 75.0% | 70 | 71 |
Long-term rental This property, with a fair value of €37,609, is significantly overpriced at €300,000, resulting in an 87.5% gap. Additionally, the gross yield of 0% and decent condition ratings suggest it will not attract stable long-term tenants in a seasonal market. Short-term vacation rental While the Algarve region experiences high tourist demand, this apartment's high listing price of €300,000 far exceeds its fair value of €37,609, highlighting its 87.5% overpricing. Consequently, the expected low yield and increasing supply in the short-term rental market make it a risky investment. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is ill-advised due to its significant overpricing, with a listing at €300,000 against a fair value of only €37,609. The combination of zero yield and reliance on unpredictable seasonal employment implications diminishes the long-term viability of this asset.
Economic Vulnerability The economic stability score of 65/100 suggests potential vulnerabilities in the local economy that could affect rental income and property value.
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