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 40 m², built in 1994, energy rating E. Located Portimão parish, Portimão municipality, Faro district. This apartment's location in a gated community with 24-hour security and on-site management ensures both safety and convenience for residents and guests.
The valuation. The asking price of €192,000 is significantly above the fair value of €68,937, creating a discrepancy of €123,063, or 64.1%. The property is overpriced based on current market conditions.
Fair value modelled at €68,937 from the area baseline, adjusted for condition and location. Asking €192,000 sits €123,063 (64.1%) above — overpriced versus fair value.
Asking €192,000 versus the Portimão, Portimão, Faro area baseline of €129,520 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 75 · Amenities 75 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €129,520 + condition -€4,688 + location +€4,945 = modelled fair value of €68,937 (€1,723/m²), a €123,063 (64.1%) gap versus the €192,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · ba5a86 | Subject | €192,000 | €4,800 | — | 70 | 68 |
| avenida Comunidades Lusíadas, 1 | Active | €215,000 | €3,909 | 18.6% | 74 | 73 |
| urbanização Clube do Vau Vau | Active | €270,000 | €4,154 | 13.5% | 75 | 70 |
| Alvor · ba3dfa | Active | €229,900 | €3,537 | 26.3% | 68 | 67 |
| avenida das Comunidades Lusíadas | Active | €224,000 | €4,766 | 0.7% | — | 71 |
| Median comp | €226,950 | €4,032 | 16.0% | 74 | 71 |
Short-term vacation rental The property’s high asking price of €192,000, compared to its fair value of €68,937, limits its potential for profitability in the short-term vacation rental market, which typically favors lower entry costs. Additionally, a gross yield of 4.9% is insufficient to offset the significant gap in price, making this strategy less viable. Long-term rental With the property priced at 64.1% above fair value, the potential for generating consistent rental income is diminished in the long-term rental sector. The overall condition and neighborhood ratings of 68/100 suggest that while it could serve this purpose, the excessive price hampers its attractiveness. Buy-and-hold Investing in this property as a buy-and-hold strategy is challenged by its current listing price of €192,000, which is substantially above the fair value, indicating that appreciation potential is limited. The market conditions in Portimão may not support the price point needed to justify a long-term investment in this asset, especially with a relatively low yield of 4.9%.
Economic Vulnerability The economic stability score of 60 indicates a moderate risk of economic downturns affecting property value and tenant retention as the score is below 70, signaling potential instability in the area.
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