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 76 m², energy rating B. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts two designated parking spaces and a central vacuum system, enhancing convenience and modern living in a vibrant area of Portimão.
The valuation. The asking price of €375,000 is significantly above the fair value of €138,791, representing a discrepancy of €236,209 (63.0%). Therefore, the property is overpriced.
Fair value modelled at €138,791 from the area baseline, adjusted for condition and location. Asking €375,000 sits €236,209 (63.0%) above — overpriced versus fair value.
Asking €375,000 versus the Portimão, Portimão, Faro area baseline of €245,176 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 70 · Materials 75 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €245,176 + condition -€4,750 + location +€13,049 = modelled fair value of €138,791 (€1,826/m²), a €236,209 (63.0%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · dee59b | Subject | €375,000 | €4,934 | — | 70 | 75 |
| rua das Amendoeiras | Active | €295,000 | €2,757 | 44.1% | 70 | 71 |
| rua Dom Carlos I, 53 | Active | €620,000 | €11,273 | 128.5% | 80 | 75 |
| rua da Raminha, 17 | Active | €299,000 | €2,990 | 39.4% | 65 | 68 |
| Portimão · 1e638e | Active | €285,946 | €4,766 | 3.4% | 75 | 75 |
| Median comp | €297,000 | €3,878 | 21.4% | 73 | 73 |
Short-term vacation rental The 1-bed apartment in Portimão is overpriced at €375,000, with a significant gap of 63.0% compared to its fair value of €138,791. At a gross yield of only 2.7%, the investment is unlikely to generate sufficient income, especially considering the seasonal nature of tourism in the Algarve. Long-term rental Given the high listing price of €375,000, the property is not an attractive option for long-term rental investments, especially with a fair value gap of 63.0%. The modest yield of 2.7% does not justify an investment at this price point in the current rental market. Buy-and-hold Investing in this 1-bed apartment as a buy-and-hold strategy is not advisable due to its overpriced nature at €375,000, with a fair value of just €138,791. The property’s low yield of 2.7% suggests limited potential for long-term appreciation and returns in a market that could face economic fluctuations due to its reliance on tourism.
Economic Vulnerability With an economic stability score of 70/100, the property may face risks during economic downturns that could affect property values and rental income.
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