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.
1-bedroom, 1-bathroom apartment of 54 m². Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts a stunning sea view and a well-maintained communal garden with a pool, enhancing the coastal living experience in Urbanization do Vau.
The valuation. The asking price of €325,000 is significantly above fair value, which is assessed at €89,575, indicating a difference of €235,425 (72.4%). As such, the property is overpriced.
Fair value modelled at €89,575 from the area baseline, adjusted for condition and location. Asking €325,000 sits €235,425 (72.4%) above — overpriced versus fair value.
Asking €325,000 versus the Portimão, Portimão, Faro area baseline of €174,204 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 65 · Materials 70 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €174,204 + condition -€7,594 + location +€4,450 = modelled fair value of €89,575 (€1,659/m²), a €235,425 (72.4%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 28bc5b | Subject | €325,000 | €6,019 | — | 65 | 62 |
| praceta da Alvorada, 1 | Active | €253,000 | €3,833 | 36.3% | 60 | 75 |
| avenida das Comunidades Lusíadas S / N | Active | €310,000 | €6,596 | 9.6% | 70 | 71 |
| rua do Impasse À do Poeta António Aleixo | Active | €285,000 | €3,519 | 41.5% | 70 | 71 |
| Portimão · 6d5358 | Active | €320,000 | €4,571 | 24.0% | 73 | 72 |
| Median comp | €297,500 | €4,202 | 30.2% | 70 | 72 |
Short-term vacation rental The property is overpriced at €325,000 compared to the fair value of €89,575, creating a significant gap of 72.4% that undermines its rental yield potential of 3.1%. While the Algarve region is a popular tourist destination, the high asking price may limit profitability in the short-term rental market. Buy-and-hold Given the listing price of €325,000 and a fair value of €89,575, the investment does not provide the attractive appreciation prospects typically sought in a buy-and-hold strategy. The current yield of 3.1% does not compensate for the excessive price, positioning this investment as a potential burden over time. Value-add renovation Although value-add renovations could improve the condition of the property rated at 66/100, the substantial overpricing at €325,000 versus a fair value of €89,575 makes it a risky venture. The investment may fail to recoup costs, as the existing gap of 72.4% could discourage potential buyers post-renovation due to price sensitivity in the market.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of economic downturns affecting property values, while the low tenant stability score of 50/100 suggests possible turnover issues, impacting consistent rental income.
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