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, 5-bathroom house of 376 m², built in 1984, energy rating D. Located on calçada Individual, Portimão parish, Portimão municipality, Faro district. Property Features: The property includes extensive land with irrigation plumbing ideal for agriculture, and multiple warehouses that offer potential for business or storage opportunities.
The valuation. The asking price of €600,000 is significantly above the fair value of €499,361, creating a gap of €100,639 (16.8%). Verdict: overpriced. Buy-to-flip angle. A resale strategy focusing on short-term vacation rentals could capitalize on Portimão's coastal appeal, potentially yielding a profit after renovation. Buy-to-let angle. The anticipated rental income seems minimal given the 0% gross yield, suggesting that rental prices in the area may not support an effective buy-and-hold strategy.
Fair value modelled at €499,361 from the area baseline, adjusted for condition and location. Asking €600,000 sits €100,639 (16.8%) above — overpriced versus fair value.
Asking €600,000 versus the calçada Individual area baseline of €1,212,976 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 40/100 (Condition 38 · Materials 42 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
calçada Individual
Area baseline €1,212,976 + condition -€205,625 + location +€59,394 = modelled fair value of €499,361 (€1,328/m²), a €100,639 (16.8%) gap versus the €600,000 asking price.
Short-term vacation rental This property, priced at €600,000, exceeds its fair value by 16.8%, leading to an untenable return on a short-term rental investment with a gross yield of 0%. With a condition rating of only 40/100, the house also lacks the appeal needed to attract vacationers in a competitive Algarve market. Buy-and-hold Investing in this property at its current asking price fails to present a compelling buy-and-hold opportunity due to its significant price overvaluation. The 0% gross yield and subjective condition rating suggest that it may not provide the long-term appreciation potential typically sought in a buy-and-hold strategy. Value-add renovation Although value-add renovation is a common strategy, this property is overpriced at €600,000, sitting 16.8% above its fair value of €499,361. With a condition score of only 40/100, the costs of necessary renovations could significantly reduce any potential returns, making the investment less attractive. Not ideal for: Student housing, Luxury market, Family rental Student housing and luxury markets often require specific property features and location advantages that this property lacks due to its price and condition, while family rentals may not find desirable attributes conducive to longer-term tenancy. This further reinforces the property’s status as overpriced and unsuitable for these segments.
Economic Vulnerability The property’s economic stability score of 65/100 indicates potential susceptibility to market fluctuations that could affect investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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