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.
6-bedroom, 0-bathroom house of 220 m², built in 1990, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This property includes a spacious outdoor patio area ideal for entertaining, and a large driveway that accommodates multiple vehicles. Price Verdict: Fair.
The valuation. The asking price of €450,000 is significantly above the fair value of €322,173, reflecting an overpricing of €127,827 (28.4%). The valuation indicates that this investment does not align with market standards.
Fair value modelled at €322,173 from the area baseline, adjusted for condition and location. Asking €450,000 sits €127,827 (28.4%) above — overpriced versus fair value.
Asking €450,000 versus the Portimão, Portimão, Faro area baseline of €709,720 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 (Condition 60 · Materials 55 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €709,720 + condition -€72,188 + location +€16,621 = modelled fair value of €322,173 (€1,464/m²), a €127,827 (28.4%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 957071 | Subject | €450,000 | €2,045 | — | 60 | 61 |
| Portimão · 001a44 | Active | €269,500 | €2,246 | 9.8% | — | 67 |
| rua Projectada À Caldeira do Moinho | Active | €550,000 | €2,301 | 12.5% | — | 67 |
| rua Cidade de Gôa | Active | €649,500 | €1,986 | 2.9% | 63 | 74 |
| rua J. J. Rodrigues de Freitas, 13 | Active | €459,000 | €5,961 | 191.4% | 68 | 73 |
| Median comp | €504,500 | €2,274 | 11.1% | 66 | 70 |
Short-term vacation rental This property, despite being located in the popular Algarve region, is overpriced with a gap of 28.4% from its fair value. Given its moderate condition rating of 54/100 and neighborhood score of 61/100, the potential for generating strong short-term rental income may not be realized. Long-term rental At an asking price of €450,000, this property is not a wise investment for long-term rental as it is significantly overpriced. The yield of 8.2% gross fails to justify the higher acquisition cost compared to its fair value of €322,173. Buy-and-hold The current market valuation of this real estate asset, at €450,000, positions it as overpriced with an unsustainable 28.4% gap versus the fair value. While Portimão's tourism may drive demand, the investment does not present a sound buy-and-hold opportunity given the price relative to its estimated value.
Economic Sensitivity Risk The property is at risk due to an economic stability score of 50/100, indicating potential instability in market conditions that could affect profitability.
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
