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, 2-bathroom apartment of 113 m², energy rating D. Located on praceta da Borralha, 2, Portimão parish, Portimão municipality, Faro district. Noteworthy Feature: The apartment includes a designated underground parking space, enhancing convenience and security in a quiet urbanization with easy access to local amenities. Condition Notes: Well-maintained with updated fixtures, minimal wear, and efficient layout, though some areas could use minor refreshing.
The valuation. The asking price of €330,000 is significantly above the fair value of €201,064, resulting in a marked disparity of €128,936 (39.1%). This property is clearly overpriced, challenging its long-term investment attractiveness.
Fair value modelled at €201,064 from the area baseline, adjusted for condition and location. Asking €330,000 sits €128,936 (39.1%) above — overpriced versus fair value.
Asking €330,000 versus the praceta da Borralha, 2 area baseline of €365,894 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 70 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 80 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
praceta da Borralha, 2
Area baseline €365,894 + condition -€12,359 + location +€19,402 = modelled fair value of €201,064 (€1,779/m²), a €128,936 (39.1%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta da Borralha, 2 | Subject | €330,000 | €2,920 | — | 70 | 75 |
| Portimão · f363ac | Active | €310,000 | €4,247 | 45.4% | 65 | 73 |
| Portimão · 65a73b | Active | €279,000 | €3,000 | 2.7% | 62 | 72 |
| avenida São João de Deus | Active | €265,000 | €2,978 | 2.0% | 65 | 75 |
| rua Engenheiro José de Bívar, 2 | Active | €450,000 | €3,516 | 20.4% | 68 | 67 |
| Median comp | €294,500 | €3,258 | 11.6% | 65 | 73 |
Short-term vacation rental This 2-bed apartment in Portimão, listed at €330,000, operates at a gross yield of just 4.2%, suggesting limited profitability for short-term rentals. With a fair value of €201,064, the property is overpriced by 39.1%, leading to concerns about its ability to generate competitive returns. Long-term rental While the property may attract tenants due to its location in the Algarve, the current listing price significantly undermines its appeal as a long-term rental investment. With an overpriced valuation of €330,000 versus a fair value of €201,064, potential rental income may not justify the high entry cost. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable given it is priced at €330,000, which represents a 39.1% premium over its fair value. As the market fluctuates, this valuation suggests that long-term appreciation may not be sufficient to overcome the initial overpricing. Not ideal for student housing, industrial investment, affordable housing.
Economic Sensitivity The property has a relatively low economic stability score of 65/100, indicating potential risks to its financial viability in times of economic downturn.
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