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 95 m², built in 1984, energy rating C. Located on avenida Tomás Cabreira, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment includes a pleasant mini terrace that invites relaxation while appreciating the mild Algarve climate, and its location seamlessly fuses traditional Algarve charm with modern conveniences.
The valuation. The asking price of €630,000 sits €448,554 (71.2%) above its fair value of €181,446. This property is deemed overpriced in the current market context.
Fair value modelled at €181,446 from the area baseline, adjusted for condition and location. Asking €630,000 sits €448,554 (71.2%) above — overpriced versus fair value.
Asking €630,000 versus the avenida Tomás Cabreira area baseline of €163,115 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Tomás Cabreira
Area baseline €163,115 + condition +€2,672 + location +€15,659 = modelled fair value of €181,446 (€1,910/m²), a €448,554 (71.2%) gap versus the €630,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Tomás Cabreira | Subject | €630,000 | €6,632 | — | 74 | 74 |
| urbanização Cerca do Moinho | Active | €475,000 | €2,896 | 56.3% | 73 | 64 |
| rua da Raminha, 25 | Active | €308,000 | €3,385 | 49.0% | 75 | 74 |
| Portimão · dee648 | Active | €350,000 | €3,684 | 44.4% | 75 | 76 |
| rua 16 de Maio | Active | €355,000 | €5,000 | 24.6% | 78 | 70 |
| Median comp | €352,500 | €3,535 | 46.7% | 75 | 72 |
Short-term vacation rental The property is overpriced at €630,000 compared to a fair value of €181,446, indicating insufficient potential for appreciation in the short-term rental market. With a gross yield of only 2.3%, the investment does not align with typical returns expected in high-demand tourist areas like Algarve. Buy-and-hold Given the €630,000 listing price and a stark 71.2% gap from fair value, the property is unlikely to yield satisfactory returns for a long-term hold strategy. The current condition rating of 77/100 is decent, but it does not justify the asking price in this economic context. Long-term rental The property’s fair value of €181,446 versus its listing of €630,000 suggests that it is overpriced for a long-term rental strategy, compromising overall profitability. With a gross yield of 2.3%, the returns are not competitive in the broader rental market where better investment opportunities may exist.
Economic Vulnerability With an economic stability score of 65/100, there is a moderate risk of economic downturn affecting rental income and tenant demand.
