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 127 m², built in 2010, energy rating A+. Located on praceta da Borralha, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes spacious balconies accessible from each room, offering sweeping views of the Serra de Monchique, enhancing both its aesthetic and outdoor living appeal.
The valuation. The asking price of €335,000 is significantly above the fair value of €226,413, resulting in an excess of €108,587, or 32.4%. The property is considered overpriced based on current market conditions.
Fair value modelled at €226,413 from the area baseline, adjusted for condition and location. Asking €335,000 sits €108,587 (32.4%) above — overpriced versus fair value.
Asking €335,000 versus the praceta da Borralha area baseline of €409,702 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 68 · Materials 72 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 80 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta da Borralha
Area baseline €409,702 + condition -€11,708 + location +€20,061 = modelled fair value of €226,413 (€1,783/m²), a €108,587 (32.4%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta da Borralha | Subject | €335,000 | €2,638 | — | 68 | 73 |
| rua Nossa Senhora do Amparo, 5 | Active | €250,000 | €3,205 | 21.5% | 72 | 71 |
| Estômbar e Parchal · 38a075 | Active | €380,000 | €3,140 | 19.1% | — | 65 |
| Portimão · 99f185 | Active | €515,000 | €3,679 | 39.5% | 75 | 78 |
| rua da Vila Rosa S / N | Active | €647,000 | €5,882 | 123.0% | 80 | 74 |
| Median comp | €447,500 | €3,442 | 30.5% | 75 | 73 |
Short-term vacation rental Due to the property's 32.4% gap above fair value, investing in it as a short-term vacation rental does not align with the objective of maximizing return on investment. While the Algarve is attractive for tourism, the current price diminishes potential profitability in this segment. Long-term rental Although a long-term rental strategy may seem viable, the property's high price of €335,000 relative to a fair value of €226,413 indicates it is overpriced, limiting attractive cash flow opportunities. The gross yield of 3.7% does not sufficiently compensate for the equities at risk under the current market conditions. Buy-and-hold The buy-and-hold strategy is compromised by the substantial overpricing of the property, which could hinder future appreciation and affect the overall investment's long-term viability. Given the fluctuating economic activity influenced by tourism, the current valuation presents an unfavorable risk-reward dynamic for the hold period.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of economic downturns that could impact the property's profitability and tenant retention.
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