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.
1-bedroom, 1-bathroom apartment of 53 m², built in 1987, energy rating E. Located on rua do Fojo, 39, Portimão parish, Portimão municipality, Faro district. Noteworthy Feature: This apartment includes a bathroom with a window, enhancing ventilation and natural light, a rare find in similar property types.
The valuation. The asking price of €199,000 is significantly above the fair value of €88,658, with a discrepancy of €110,342, indicating that the property is overpriced by 55.4%. Given the condition and market trends, this valuation raises concerns.
Fair value modelled at €88,658 from the area baseline, adjusted for condition and location. Asking €199,000 sits €110,342 (55.4%) above — overpriced versus fair value.
Asking €199,000 versus the rua do Fojo, 39 area baseline of €171,614 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Fojo, 39
Area baseline €171,614 + condition -€10,352 + location +€8,008 = modelled fair value of €88,658 (€1,673/m²), a €110,342 (55.4%) gap versus the €199,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Fojo, 39 | Subject | €199,000 | €3,755 | — | 65 | 72 |
| Portimão · cfe06a | Active | €236,000 | €6,378 | 69.9% | — | 75 |
| rua da Alvorada | Active | €259,000 | €4,047 | 7.8% | 65 | 70 |
| Portimão · ba5a86 | Active | €192,000 | €4,800 | 27.8% | 70 | 68 |
| Portimão · ba39cf | Active | €280,000 | €3,944 | 5.0% | 70 | 69 |
| Median comp | €247,500 | €4,424 | 17.8% | 70 | 70 |
Short-term vacation rental This 1-bed apartment in Portimão's tourism-driven area is overpriced at €199,000, significantly above the fair value of €88,658, indicating a steep 55.4% gap. While the potential for gross yield is 5.4%, the high entry price limits profitability, especially in peak seasons when competition is fierce. Buy-and-hold The buy-and-hold strategy for this property appears less favorable due to its current listing price, which is well above its fair value by 55.4%, resting at €199,000. Although the neighborhood scores a 72 in tenant quality, the property’s overpriced status may lead to challenges in long-term appreciation. Family rental Investing in this apartment for family rental purposes is not ideal due to its high valuation at €199,000, compared to a fair value of only €88,658, reflecting a substantial 55.4% premium. Despite a decent condition rating of 63, this price puts it outside the attractive rental market range for families looking for functional and affordable housing.
Potential for Tenant Turnover With a tenant stability score of 70/100, there's a moderate risk of tenant turnover that could affect rental income consistency and increase vacancy rates in the property.
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.
