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 €207,232 (€3,238/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 €207,232 + 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.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
