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, 2-bathroom apartment of 206 m², built in 1976, energy rating E. Located Portimão parish, Portimão municipality, Faro district. This property includes a private backyard, ideal for leisure activities and gardening, a unique feature for ground-floor apartments in the area.
The valuation. The asking price of €290,500 is €29,886 (10.3%) below the fair value of €320,386, indicating the property is underpriced in the current market. The potential for appreciation is strong given this difference.
Fair value modelled at €320,386 from the area baseline, adjusted for condition and location. Asking €290,500 sits €29,886 (10.3%) below — the upside to fair value.
Asking €290,500 versus the Portimão, Portimão, Faro area baseline of €664,556 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 (Condition 55 · Materials 52 · Room dimensions 57). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 80 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €664,556 + condition -€67,272 + location +€33,955 = modelled fair value of €320,386 (€1,555/m²), a €29,886 (10.3%) gap versus the €290,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 28bc6e | Subject | €290,500 | €1,410 | — | 55 | 74 |
| rua Diogo Goncalves | Active | €487,500 | €1,741 | 23.5% | 70 | 70 |
| estrada de Alvor | Active | €395,000 | €2,616 | 85.5% | 75 | 78 |
| estrada de Alvor | Active | €265,000 | €1,893 | 34.2% | — | 71 |
| rua Cidade de Gôa | Active | €315,000 | €2,716 | 92.6% | 53 | 70 |
| Median comp | €355,000 | €2,255 | 59.9% | 70 | 71 |
Short-term vacation rental This property presents an attractive opportunity for short-term vacation rentals, capitalizing on the strong tourism influence of the Algarve region, yielding a gross return of 8.6%. Given the fair value of €320,386, the listing price represents a favorable entry point, making it a strategic investment for this purpose. Family rental With a spacious layout of 206m² and a neighborhood rating of 74/100, this property is well-suited for family rentals, providing adequate amenities and tenant quality. The current listing price is advantageous given its fair value of €320,386 and projected return metrics, suggesting strong demand for family housing. Buy-and-hold As a buy-and-hold investment, this property offers potential for appreciation due to its favorable pricing and the stable rental yield of 8.6%. The attractive fair value of €320,386 versus the listing price signals an opportunity for long-term value accumulation in a tourism-driven market. Not ideal for student housing This property is not well-suited for student housing due to its size and the nature of the local market, which is more aligned with family and vacation rentals. The neighborhood's stability and tenant quality metrics do not favor transient student tenancies. Not ideal for luxury market Positioned in a tourist-friendly area, this property does not cater to the luxury market, as evidenced by its condition score of 54/100. The emphasis on family and short-term rentals highlights a more practical investment than high-end accommodation offerings.
Economic and Tenant Instability Risk: With both economic stability and tenant stability scores at 65/100, the property may face challenges in attracting and retaining tenants, potentially leading to higher vacancy rates and unpredictable cash flows.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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