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 apartment of 69 m², built in 1983, energy rating C. Located on rua António Feu, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a south-facing balcony with stunning sea views and the potential to transfer a local accommodation license for continued rental income.
The valuation. The asking price of €355,000 is significantly higher than the fair value of €130,774, representing an overvaluation of €224,226, or 63.2%. This indicates that the property is overpriced by a considerable margin.
Fair value modelled at €130,774 from the area baseline, adjusted for condition and location. Asking €355,000 sits €224,226 (63.2%) above — overpriced versus fair value.
Asking €355,000 versus the rua António Feu area baseline of €118,473 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua António Feu
Area baseline €118,473 + condition +€1,402 + location +€10,900 = modelled fair value of €130,774 (€1,895/m²), a €224,226 (63.2%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Feu | Subject | €355,000 | €5,145 | — | 75 | 73 |
| rua António Feu | Active | €355,000 | €5,145 | 0% | — | 67 |
| avenida Miguel Bombarda | Active | €370,000 | €3,627 | 29.5% | 70 | 71 |
| Portimão · 49b7ed | Active | €310,000 | €4,493 | 12.7% | 80 | 68 |
| avenida Tomás Cabreira, 34 | Active | €599,000 | €6,730 | 30.8% | 75 | 74 |
| Median comp | €362,500 | €4,819 | 6.3% | 75 | 70 |
Short-term vacation rental Despite the allure of the Algarve region for short-term rentals, the €355,000 listing price indicates a significant 63.2% gap from its fair value of €130,774, making it an overpriced investment. The gross yield of 3.5% does not adequately compensate for the elevated entry price, particularly in a market heavily influenced by seasonal tourism activities. Long-term rental While long-term rentals may benefit from the region's desirable rental market, the property at €355,000 is overpriced compared to the fair value of €130,774, reflecting a 63.2% gap. Given the moderate condition rating of 76/100, the investment does not present a compelling case for long-term holding at this price point. Family rental Though the property’s location offers decent amenities, the current asking price of €355,000 far exceeds the fair value of €130,774, indicating a 63.2% overpricing that limits its appeal for family rentals. The moderate ratings for both condition and neighborhood suggest that it may not provide the quality living experience families seek at this price level.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of economic fluctuations affecting rental income and property value.
