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, 2-bathroom apartment of 109 m², built in 2021, energy rating A. Located on rua das Figueiras, 276, Portimão parish, Portimão municipality, Faro district. This property is part of the prestigious Oasis Parque condominium, offering exclusive access to extensive leisure amenities like tennis courts, heated indoor pool, and beautifully landscaped gardens.
The valuation. The asking price of €430,000 is significantly above the fair value of €217,247, marking an overpricing of €212,753 or 49.5%. This discrepancy indicates that the property is not a financially sound investment at its current price.
Fair value modelled at €217,247 from the area baseline, adjusted for condition and location. Asking €430,000 sits €212,753 (49.5%) above — overpriced versus fair value.
Asking €430,000 versus the rua das Figueiras, 276 area baseline of €351,634 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 80 · Materials 88 · Room dimensions 84). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua das Figueiras, 276
Area baseline €351,634 + condition +€13,625 + location +€16,469 = modelled fair value of €217,247 (€1,993/m²), a €212,753 (49.5%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Figueiras, 276 | Subject | €430,000 | €3,945 | — | 80 | 72 |
| Portimão · 99f185 | Active | €515,000 | €3,679 | 6.8% | 75 | 78 |
| Portimão · 6d51c7 | Active | €550,000 | €2,973 | 24.6% | 78 | 80 |
| Portimão · 96c64b | Active | €785,000 | €5,858 | 48.5% | 75 | 71 |
| Portimão · 090095 | Active | €495,000 | €3,536 | 10.4% | 75 | 75 |
| Median comp | €532,500 | €3,608 | 8.6% | 75 | 77 |
Short-term vacation rental The property, listed at €430,000, is overpriced at a 49.5% gap from its fair value of €217,247, making it a less attractive option for short-term vacation rentals. While the property could benefit from the area's demand due to tourism, the yield of 3.6% suggests that the investment may not generate adequate returns in the current market condition. Buy-and-hold This 2-bed apartment is overpriced and does not present a viable buy-and-hold investment due to its significant divergence from the fair value of €217,247. Given the overpriced status and a yield of only 3.6%, the long-term appreciation potential may not offset the initial cost. Long-term rental At €430,000, this property is overpriced with a 49.5% gap from its fair value, making it an undesirable candidate for long-term rental investments. The yield of 3.6% and reliance on seasonal tourism suggest that it may struggle to attract stable, long-term tenants. Not ideal for student housing Considering its significant overpricing, the property does not suit the student housing market where affordability is key. Student tenants would likely find better value in lower-priced accommodations, rendering this property uncompetitive. Not ideal for luxury market The property’s excessive valuation suggests it is unsuitable for the luxury market, where expectations for value and return on investment are considerably higher. With a lack of compelling luxury features relative to its price, this apartment may deter affluent buyers.
Economic Downturn Risk The economic stability score of 65/100 indicates a moderate risk of downturns that could impact tenant retention and rental income.
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