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, energy rating D. Located on avenida Tomás Cabreira, 34, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts a completely renovated interior with contemporary finishes and expansive windows that provide uninterrupted ocean views directly from every room.
The valuation. The asking price of €525,000 significantly exceeds the fair value of €174,329 by €350,671, indicating that the property is overpriced by 66.8%. This suggests potential buyers may want to reconsider their investment. Buy-to-flip angle. Implementing a buy-to-flip strategy would hinge on enhancing the apartment's appeal, with the goal of selling above the asking price through renovations or staging. However, current market conditions may hinder profitable short-term resale. Buy-to-let angle. The projected gross yield of 2.7% translates to an estimated monthly rental income of €1,181, which may attract long-term tenants albeit not maximizing investment returns. The limited rental yield reflects the high asking price relative to fair value.
Fair value modelled at €174,329 from the area baseline, adjusted for condition and location. Asking €525,000 sits €350,671 (66.8%) above — overpriced versus fair value.
Asking €525,000 versus the avenida Tomás Cabreira, 34 area baseline of €152,813 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 80 · Materials 88 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 75 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
avenida Tomás Cabreira, 34
Area baseline €152,813 + condition +€11,125 + location +€10,391 = modelled fair value of €174,329 (€1,959/m²), a €350,671 (66.8%) gap versus the €525,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Tomás Cabreira, 34 | Subject | €525,000 | €5,899 | — | 80 | 67 |
| avenida São João de Deus | Active | €249,000 | €3,662 | 37.9% | 80 | 73 |
| rua da Raminha, 25 | Active | €308,000 | €3,385 | 42.6% | 75 | 74 |
| Portimão · 03255d | Active | €290,000 | €3,867 | 34.5% | 72 | 73 |
| Portimão · ba5a38 | Active | €310,000 | €3,827 | 35.1% | 74 | 73 |
| Median comp | €299,000 | €3,745 | 36.5% | 75 | 73 |
Short-term vacation rental The 2-bed apartment in Portimão is overpriced by 66.8%, making it a less attractive option for short-term vacation rentals, especially as gross yields are only 2.7%. The reliance on tourism may offer seasonal demand, but the high entry price limits profitability for potential investors. Buy-and-hold At €525,000, the property significantly exceeds its fair value of €174,329, which diminishes the long-term growth potential typically sought in buy-and-hold strategies. The economic stability tied to tourism cycles raises concerns about market resilience and consistent tenant quality. Long-term rental With a fair value gap of 66.8%, investing in this property for long-term rental prospects seems unappealing, given its current gross yield of 2.7%. The average local schools and tourism-focused economy suggest a limited tenant pool, complicating the property’s potential for steady cash flow.
Economic Dependence The economic stability score of 60 out of 100 indicates potential vulnerability to downturns, which may negatively impact tenant retention and rental income.
