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, 1-bathroom house of 64 m², energy rating D. Located Portimão parish, Portimão municipality, Faro district. This property features direct beach access just 30 meters away and substantial land allowing for multi-storey construction, enhancing its investment potential with unalterable ocean views.
The valuation. The asking price of €1,500,000 is significantly above the fair value of €113,058, indicating an overvaluation of €1,386,942 (92.5%). This property is overpriced based on comparative market analysis. Buy-to-flip angle. The proposed buy-to-flip strategy would involve renovations, targeting a resale at a higher market price influenced by local tourism demands, although the current asking price limits potential profit margins. Buy-to-let angle. As a buy-to-let property, the expected rental income is nil, given the gross yield of 0%. The property’s basic condition may not attract long-term tenants or justify investment for vacation rentals.
Fair value modelled at €113,058 from the area baseline, adjusted for condition and location. Asking €1,500,000 sits €1,386,942 (92.5%) above — overpriced versus fair value.
Asking €1,500,000 versus the Portimão, Portimão, Faro area baseline of €206,464 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 72 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €206,464 + condition -€6,500 + location +€9,670 = modelled fair value of €113,058 (€1,767/m²), a €1,386,942 (92.5%) gap versus the €1,500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 956f2d | Subject | €1,500,000 | €23,438 | — | 70 | 72 |
| rua J. J. Rodrigues de Freitas, 13 | Active | €459,000 | €5,961 | 74.6% | 68 | 73 |
| Portimão · 65a674 | Active | €349,000 | €4,474 | 80.9% | 75 | 73 |
| rua de Francisco Duarte | Active | €320,000 | €4,000 | 82.9% | 75 | 70 |
| Ferragudo · 02420a | Active | €535,000 | €4,496 | 80.8% | 75 | 70 |
| Median comp | €404,000 | €4,485 | 80.9% | 75 | 72 |
Short-term vacation rental The property is overpriced at €1,500,000 compared to a fair value of €113,058, representing a significant gap of 92.5%. Despite the strong demand for vacation rentals in Algarve, the yield of 0% gross and the elevated listing price make this investment unappealing. Buy-and-hold Given its current listing price, the property does not align with prudent buy-and-hold investment strategies as it is overpriced by 92.5%. The lack of appreciation potential, reflected in a fair value of only €113,058, diminishes any long-term investment appeal. Family rental With the property's high price point of €1,500,000, there is a clear disconnect from its fair value of €113,058, indicating it is overpriced by 92.5%. The yield of 0% gross further suggests that it would be an unfavorable option for families seeking rental housing in the area.
Economic sensitivity The economic stability score of 60/100 indicates a medium risk of fluctuations in market conditions that could adversely affect property value and rental income.
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