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.
4-bedroom, 3-bathroom country_house of 241 m². Located Portimão parish, Portimão municipality, Faro district. Exterior Feature: The garden hosts a dedicated barbecue area designed for outdoor gatherings, enhancing the property's appeal for entertainment in the Algarve climate. Interior Feature: High ceilings throughout accentuate the spaciousness of the living and dining areas, providing a bright and airy atmosphere.
The valuation. The asking price of €638,000 is significantly above the fair value of €410,829, making it overpriced by €227,171 (35.6%). This discrepancy suggests potential investors should proceed with caution.
Fair value modelled at €410,829 from the area baseline, adjusted for condition and location. Asking €638,000 sits €227,171 (35.6%) above — overpriced versus fair value.
Asking €638,000 versus the Portimão, Portimão, Faro area baseline of €413,797 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 64 · Materials 70 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 80 · Amenities 75 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €413,797 + condition -€32,761 + location +€29,793 = modelled fair value of €410,829 (€1,705/m²), a €227,171 (35.6%) gap versus the €638,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · dee415 | Subject | €638,000 | €2,647 | — | 64 | 68 |
| Estômbar e Parchal · 001650 | Active | €675,000 | €2,813 | 6.2% | — | 72 |
| Estômbar e Parchal · 023968 | Active | €1,200,000 | €4,138 | 56.3% | 80 | 73 |
| Portimão · 2620cd | Active | €820,000 | €1,943 | 26.6% | 66 | 81 |
| Portimão · ba3ce5 | Active | €850,000 | €2,615 | 1.2% | 70 | 62 |
| Median comp | €835,000 | €2,714 | 2.5% | 70 | 73 |
Short-term vacation rental The property is overpriced by 35.6%, making it a risky choice for a short-term vacation rental strategy, particularly given the seasonal employment in the Algarve. With a gross yield of only 4.5% and a condition score of 66/100, the financial returns may not justify the high initial investment. Buy-and-hold Investing in this property as a buy-and-hold asset is challenging due to its 35.6% gap versus the fair value, which raises concerns about long-term appreciation. Additionally, the overall condition of 66/100 and average neighbourhood score of 68/100 suggest limited potential for significant value growth over time. Family rental While family rental properties often benefit from consistent demand, this property’s pricing is still 35.6% above fair value, discouraging investment. The combination of a 4.5% gross yield and neighborhood amenities may not attract families willing to pay the higher rent that such an investment would require.
High volatility risk The economic and tenant stability scores of 60/100 indicate an increased risk for potential fluctuations in rental income and property demand, which could impact return on investment significantly.
