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 €91,001 (€1,717/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 €91,001 + 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.
