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, 1-bathroom apartment of 88 m², energy rating E. Located Portimão parish, Portimão municipality, Faro district. This apartment offers a spacious balcony with proximity to major amenities, providing a blend of outdoor space and urban convenience for potential residents.
The valuation. The asking price of €227,000 is significantly above the fair value of €160,101, marking an overpricing of €66,899 or 29.5%. This reflects a property that does not present a financially sound investment opportunity.
Fair value modelled at €160,101 from the area baseline, adjusted for condition and location. Asking €227,000 sits €66,899 (29.5%) above — overpriced versus fair value.
Asking €227,000 versus the Portimão, Portimão, Faro area baseline of €283,888 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 68 · Materials 75 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €283,888 + condition -€5,500 + location +€14,505 = modelled fair value of €160,101 (€1,819/m²), a €66,899 (29.5%) gap versus the €227,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 6eba2d | Subject | €227,000 | €2,580 | — | 68 | 74 |
| Portimão · 49b8f0 | Active | €255,000 | €4,722 | 83.1% | 75 | 81 |
| Portimão · 956ee1 | Active | €222,000 | €2,921 | 13.2% | 68 | 73 |
| avenida das Comunidades Lusíadas, 3 | Active | €195,000 | €4,063 | 57.5% | 71 | 67 |
| rua Frei Manuel Sepúlcro | Active | €275,000 | €2,957 | 14.6% | 73 | 62 |
| Median comp | €238,500 | €3,510 | 36.1% | 72 | 70 |
Short-term vacation rental The current listing price of €227,000 reflects a 29.5% premium over its fair value of €160,101, indicating the investment is not positioned favorably for short-term vacation rental yields. Although the gross yield of 4.9% suggests reasonable income potential, the overall market dynamics in Portimão and the high price may hinder profitability in this segment. Long-term rental With the property priced at €227,000, which is significantly above the fair value of €160,101, long-term rental prospects appear weak given the gap of 29.5%. While a gross yield of 4.9% may be enticing, the overpriced condition likely limits the competitive edge against more reasonably priced rental options in the area. Buy-and-hold Investing in this property at €227,000, a figure well above the fair valuation of €160,101, presents challenges for a buy-and-hold strategy, especially with a price gap of 29.5%. The current market conditions and economic reliance on tourism render the returns less attractive, suggesting the investment is overvalued relative to its long-term value generation potential.
Economic Vulnerability The economic stability score of 65 indicates that the property may be located in an area with potential economic fluctuations, which could impact rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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