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 C. Located Portimão parish, Portimão municipality, Faro district. This apartment features a spacious balcony perfect for outdoor entertaining and enjoying the stunning sunsets over Praia da Rocha, enhancing your coastal living experience.
The valuation. The asking price of €599,000 is significantly above the fair value of €63,797, equating to a discrepancy of €535,203, or 89.3%. This property is therefore considered overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 956f1a | Subject | €599,000 | €6,730 | — | — | 75 |
| praceta Mar de Timor | Active | €335,000 | €3,018 | 55.2% | 68 | 71 |
| avenida Tomás Cabreira | Active | €369,000 | €4,100 | 39.1% | 55 | 75 |
| avenida São João de Deus, 54 | Active | €220,000 | €3,607 | 46.4% | — | 65 |
| Portimão · 1e6477 | Active | €295,000 | €3,105 | 53.9% | 65 | 70 |
| Median comp | €315,000 | €3,356 | 50.1% | 65 | 71 |
Short-term vacation rental The potential for short-term vacation rentals in Portimão is compromised by the significant price gap of 89.3% above fair value, resulting in a yield of only 2.4%. This price diminishes the viability of capturing seasonal tourist income despite the attractive location in a popular tourist destination. Long-term rental Long-term rental opportunities are negatively impacted by the current overvaluation of the property, with a fair value of just €63,797. At an inflated purchase price of €599,000, the yield of 2.4% does not justify the investment for sustained rental income in a competitive market. Buy-and-hold The buy-and-hold investment strategy for this apartment is not favorable due to its excessive pricing relative to its fair value, which indicates a severe market misalignment. With the property situated at €599,000 and a fair value of €63,797, the projected return does not warrant a long-term commitment approaching this high entry cost.
Economic Instability Risk The property's economic stability score of 65/100 indicates potential vulnerability to market fluctuations, which could adversely affect tenant demand and rental income.
