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.
2-bedroom, 1-bathroom apartment of 75 m², built in 1978, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts a functional layout with a sunroom that seamlessly integrates laundry facilities while enhancing natural light throughout the space, perfect for modern living.
The valuation. The asking price of €290,000 is significantly above the fair value of €141,208, representing an overpricing of €148,792 (51.3%). This indicates limited financial appeal for potential buyers looking for value for money.
Fair value modelled at €141,208 from the area baseline, adjusted for condition and location. Asking €290,000 sits €148,792 (51.3%) above — overpriced versus fair value.
Asking €290,000 versus the Portimão, Portimão, Faro area baseline of €128,775 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
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.
Portimão, Portimão, Faro
Area baseline €128,775 + condition +€586 + location +€11,847 = modelled fair value of €141,208 (€1,883/m²), a €148,792 (51.3%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 03255d | Subject | €290,000 | €3,867 | — | 72 | 73 |
| avenida São João de Deus | Active | €249,000 | €3,662 | 5.3% | 80 | 73 |
| Portimão · 49b7ed | Active | €310,000 | €4,493 | 16.2% | 80 | 68 |
| Portimão · ba5a79 | Active | €290,000 | €3,295 | 14.8% | 74 | 75 |
| rua da Raminha, 14 | Active | €345,000 | €3,833 | 0.9% | 65 | 71 |
| Median comp | €300,000 | €3,748 | 3.1% | 77 | 72 |
Short-term vacation rental The property is overpriced by 51.3% compared to its fair value of €141,208, making it a risky investment for short-term vacation rental purposes. With a gross yield of only 3.8%, the rental return does not justify the high purchase price in a market that thrives on seasonal tourism. Buy-and-hold At a listing price of €290,000, the property’s valuation is significantly above fair value, resulting in an unattractive investment for a buy-and-hold strategy. The low yield of 3.8% and the premium price make it difficult to achieve the long-term returns typically sought in this type of investment. Luxury market Positioned in a tourist area, the property is priced at €290,000, which reflects a significant overvaluation of 51.3% compared to its fair value. This excessive price diminishes its potential appeal within the luxury market, as profitability and luxury amenities do not align with such a high cost.
Economic Vulnerability The economic stability score of 65/100 suggests potential fluctuations in the local market that could affect rental demand and property values.
