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 apartment of 40 m². Located on rua Engenheiro Francisco Bívar S / N, 2, Portimão parish, Portimão municipality, Faro district. This property boasts an active Local Accommodation License with documented annual profitability, ensuring a reliable investment opportunity in a prime tourist destination.
The valuation. The asking price of €206,000 is significantly above the fair value of €77,887, representing a premium of €128,113 (62.2%). This indicates that the property is overpriced and may not be a viable investment option.
Fair value modelled at €77,887 from the area baseline, adjusted for condition and location. Asking €206,000 sits €128,113 (62.2%) above — overpriced versus fair value.
Asking €206,000 versus the rua Engenheiro Francisco Bívar S / N, 2 area baseline of €129,520 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 82 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
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 Engenheiro Francisco Bívar S / N, 2
Area baseline €129,520 + condition +€3,438 + location +€5,769 = modelled fair value of €77,887 (€1,947/m²), a €128,113 (62.2%) gap versus the €206,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Engenheiro Francisco Bívar S / N, 2 | Subject | €206,000 | €5,150 | — | 82 | 71 |
| Portimão · 82c682 | Active | €229,000 | €4,978 | 3.3% | 75 | 74 |
| rua dos Lusíadas | Active | €255,000 | €4,048 | 21.4% | 78 | 71 |
| rua de São Tomé e Príncipe, 31 | Active | €238,000 | €5,289 | 2.7% | 80 | 70 |
| rua Cabo da Boa Esperança | Active | €237,000 | €4,740 | 8.0% | 75 | 72 |
| Median comp | €237,500 | €4,859 | 5.7% | 77 | 72 |
Short-term vacation rental The property in Portimão is overpriced at €206,000, significantly exceeding the fair value of €77,887, which creates an unsustainable financial position for potential vacation rental investors. With a gross yield of only 4.6%, the returns may not justify the high initial investment in a competitive tourist market. Long-term rental With a current listing of €206,000, the property is considered overpriced compared to its fair value of €77,887, making it less appealing for long-term rental purposes. The 4.6% yield does not compensate for the elevated purchase price, likely reducing the attractiveness to long-term tenants in the region. Buy-and-hold Purchasing this property at €206,000 represents an overpriced investment, given the substantial gap from its fair value of €77,887. The anticipated growth in the popular tourist region of Algarve may not be sufficient to overcome the high entry cost and yield of 4.6%. Not ideal for Student housing, Luxury market, Industrial development
Economic Vulnerability Risk The economic stability score of 65 indicates potential vulnerability to economic downturns, which could affect rental income and property value.
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