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.
5-bedroom, 3-bathroom apartment of 347 m², energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment features an impressive 59 m² living and dining area, ideal for entertaining, and a master suite with a private balcony overlooking lush gardens.
The valuation. The asking price of €649,900 sits 3.1% below the fair value of €670,346, indicating that the property is subvalued and offers an opportunity for investors looking for favorable entry points. Buy-to-flip angle. With renovation potential evident, the strategy here would involve upgrading key areas to increase appeal, allowing for a profitable resale at a higher price point. Buy-to-let angle. The property offers multiple rental strategies, including short-term vacation rentals in the tourism-centric Algarve, potentially generating significant income streams for investors.
Fair value modelled at €670,346 from the area baseline, adjusted for condition and location. Asking €649,900 sits €20,446 (3.1%) below — the upside to fair value.
Asking €649,900 versus the Portimão, Portimão, Faro area baseline of €1,119,422 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 76 · Materials 80 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 80 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €1,119,422 + condition +€17,350 + location +€57,197 = modelled fair value of €670,346 (€1,932/m²), a €20,446 (3.1%) gap versus the €649,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 956d6e | Subject | €649,900 | €1,873 | — | 76 | 74 |
| Portimão · ba5955 | Active | €370,000 | €2,467 | 31.7% | 75 | 71 |
| rua Dom Afonso V, 3 | Active | €550,000 | €2,466 | 31.7% | 75 | 73 |
| avenida São João de Deus, 49 | Active | €325,000 | €2,289 | 22.2% | 72 | 70 |
| rua da Hortinha, 33A | Active | €375,000 | €2,206 | 17.8% | 68 | 75 |
| Median comp | €372,500 | €2,378 | 26.9% | 74 | 72 |
Short-term vacation rental This property offers a strong opportunity for short-term vacation rental given its location in Portimão, a region known for its tourism appeal. With an asking price that is 3.1% below the fair value, it is likely to generate competitive rental income during peak holiday seasons. Long-term rental While the property has a gross yield of 0%, the 5-bed apartment in a tourist-centric area presents potential for value in long-term rental as demand for larger accommodations remains strong. The current pricing offers a slight edge below fair value, positioning it strategically for steady rental returns. Buy-and-hold As an investment for buy-and-hold, this property stands out due to its fair value assessment and favorable location in a desirable neighborhood. The 3.1% gap between the listing price and fair value suggests a favorable entry point for holding long-term appreciation in the dynamic Portimão market.
Economic volatility risk The economic stability score of 55/100 indicates a potential for instability that may affect tenant demand and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
