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.
3-bedroom, 2-bathroom apartment of 110 m², energy rating C. Located on urbanização do Fojo, Portimão parish, Portimão municipality, Faro district. This property features a heat recovery system in the living room, enhancing energy efficiency while providing a cozy atmosphere during cooler months.
The valuation. The asking price of €320,000 is significantly above the fair value of €191,497, making it overpriced by €128,503 (40.2%). This discrepancy indicates that potential investors may want to look elsewhere for better valuations.
Fair value modelled at €191,497 from the area baseline, adjusted for condition and location. Asking €320,000 sits €128,503 (40.2%) above — overpriced versus fair value.
Asking €320,000 versus the urbanização do Fojo area baseline of €356,180 (€3,238/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 62 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
urbanização do Fojo
Area baseline €356,180 + condition -€17,016 + location +€19,642 = modelled fair value of €191,497 (€1,741/m²), a €128,503 (40.2%) gap versus the €320,000 asking price.
Short-term vacation rental The property is overpriced at €320,000, significantly exceeding its fair value of €191,497 and presenting a 40.2% gap. With a gross yield of 4.3% and given the reliance on tourism, potential short-term rental returns may struggle to justify the high entry price. Buy-and-hold At a listing price of €320,000, the property does not align with attractive buy-and-hold strategies due to its significant overvaluation compared to the fair value of €191,497. The 4.3% yield is subpar for long-term investment, suggesting that appreciation prospects may be limited in an overpriced market. Family rental While the neighborhood score of 76/100 reflects decent amenities, the €320,000 price tag makes this property less appealing for family rental investments as it is markedly overpriced against its fair value of €191,497. The yield of 4.3% does not compensate for the high cost, likely discouraging families looking for affordable rental options.
Economic vulnerability A score of 70/100 in economic stability indicates a moderate risk of fluctuations in local economic conditions that may impact property value and rental income.
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