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 apartment of 170 m², energy rating C. Located on rua da Hortinha, 33A, Portimão parish, Portimão municipality, Faro district. This apartment features dedicated yoga spaces and equipment for sale, appealing to wellness enthusiasts in a vibrant, pedestrian-friendly neighborhood.
The valuation. The asking price of €375,000 sits €66,405 or 17.7% above the fair value of €308,595, indicating that the property is overpriced. Investors should be cautious regarding the inflated price compared to its actual worth.
Fair value modelled at €308,595 from the area baseline, adjusted for condition and location. Asking €375,000 sits €66,405 (17.7%) above — overpriced versus fair value.
Asking €375,000 versus the rua da Hortinha, 33A area baseline of €548,420 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 68 · Materials 75 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 78 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Hortinha, 33A
Area baseline €548,420 + condition -€12,484 + location +€29,189 = modelled fair value of €308,595 (€1,815/m²), a €66,405 (17.7%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Hortinha, 33A | Subject | €375,000 | €2,206 | — | 68 | 75 |
| Portimão · 25f918 | Active | €349,900 | €2,536 | 14.9% | 66 | 79 |
| rua Dom Afonso V, 3 | Active | €550,000 | €2,466 | 11.8% | 75 | 73 |
| Portimão · ba5955 | Active | €370,000 | €2,467 | 11.8% | 75 | 71 |
| estrada de Alvor | Active | €265,000 | €1,893 | 14.2% | — | 71 |
| Median comp | €359,950 | €2,467 | 11.8% | 75 | 72 |
Short-term vacation rental The property is overpriced at €375,000 while the fair value is only €308,595, creating a 17.7% gap that raises concerns about return on investment. Given the gross yield of 4.9%, the potential for profitability in the short-term vacation rental market in Portimão may be limited due to the high initial cost. Long-term rental With a fair value significantly lower than the asking price, this apartment at €375,000 does not align favorably with the typical long-term rental strategy where margin and affordability are key. The 4.9% gross yield reflects a less attractive investment potential in a neighborhood that may support better-value opportunities. Buy-and-hold Investing in a buy-and-hold strategy for this property appears challenging given the overpriced listing of €375,000 versus a fair valuation of €308,595, resulting in a gap that may offset long-term appreciation prospects. This strategy may not provide the cash flow and equity growth typically sought by investors in a property with such a misalignment in value.
Economic Vulnerability The economic stability score of 65 indicates potential fluctuations in income, which may affect tenant reliability and lead to increased vacancy risk.
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