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. Noteworthy Features: The property includes extensive agricultural potential with a borehole, irrigation system, and vegetable garden on 1.3 hectares, enhancing its self-sufficiency and land use opportunities.
The valuation. The asking price of €600,000 sits €55,866 above the fair value of €544,134, indicating that the property is overpriced by 9.3%. This discrepancy suggests caution for potential investors. Buy-to-flip angle. A buy-to-flip strategy in this coastal Algarve property would likely involve renovations to improve aesthetics and functionality, enabling a potential resale at a higher price point, though current conditions suggest a minimal immediate profit margin. Buy-to-let angle. For a buy-to-let approach, the property presents challenges, with a gross yield of 0% indicating no rental income. Given its condition and the mixed neighbourhood rating, achieving consistent tenancy may be difficult.
Fair value modelled at €544,134 from the area baseline, adjusted for condition and location. Asking €600,000 sits €55,866 (9.3%) 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 49/100 (Condition 45 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
calçada Individual
Area baseline €1,212,976 + condition -€155,688 + location +€54,230 = modelled fair value of €544,134 (€1,447/m²), a €55,866 (9.3%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| calçada Individual | Subject | €600,000 | €1,596 | — | 45 | 71 |
| Portimão · 6d52cb | Active | €635,000 | €1,628 | 2.0% | — | 72 |
| Monchique · 82c618 | Active | €1,250,000 | €2,588 | 62.2% | — | 54 |
| Portimão · 25f68d | Active | €849,000 | €2,748 | 72.2% | — | 64 |
| rua Capitão Teófilo Duarte | Active | €290,000 | €1,676 | 5.0% | 55 | 65 |
| Median comp | €742,000 | €2,132 | 33.6% | 55 | 65 |
Long-term rental The property located in Portimão is overpriced by 9.3%, with a fair value of €544,134 compared to its listing price of €600,000. Given its 0% gross yield and a less-than-ideal condition rating of 49/100, it is unlikely to attract reliable long-term tenants. Short-term vacation rental Despite the coastal Algarve's popularity, the property’s significant price overvaluation of 9.3% presents challenges for short-term rental viability. With a current condition rating of 49/100, the property may not meet the expectations of vacation renters looking for quality accommodations. Buy-and-hold The potential for appreciation in the Portimão area is hindered by the property being priced 9.3% above its fair value, rendering it a less attractive buy-and-hold investment. The combination of zero gross yield and a moderate condition score suggests limited upside for long-term investors in this scenario.
Economic Uncertainty The economic stability score of 65 indicates potential vulnerability to market fluctuations, which may affect tenant retention and rental income.
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