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 €712,360 (€3,238/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 €712,360 + 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.
