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.
0-bedroom, 0-bathroom apartment of 69 m², built in 1995. Located Portimão parish, Portimão municipality, Faro district. Unique Advantage: The property features panoramic views of the coastline from the 6th floor, enhancing its appeal for both living and investment opportunities in a vibrant area.
The valuation. The asking price of €290,000 is significantly above the fair value of €131,960, representing a discrepancy of €158,040 (54.5%). This property is overpriced given market conditions and expected returns.
Fair value modelled at €131,960 from the area baseline, adjusted for condition and location. Asking €290,000 sits €158,040 (54.5%) above — overpriced versus fair value.
Asking €290,000 versus the Portimão, Portimão, Faro area baseline of €222,594 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 76 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 78 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €222,594 + condition +€2,588 + location +€10,900 = modelled fair value of €131,960 (€1,912/m²), a €158,040 (54.5%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 6eba5f | Subject | €290,000 | €4,203 | — | 76 | 73 |
| ladeira do Vau | Active | €310,000 | €3,263 | 22.4% | 75 | 69 |
| ladeira do Vau | Active | €310,000 | €3,263 | 22.4% | 76 | 73 |
| avenida São João de Deus | Active | €265,000 | €2,978 | 29.2% | 65 | 75 |
| rua Júdice Biker | Active | €385,000 | €2,939 | 30.1% | 75 | 72 |
| Median comp | €310,000 | €3,121 | 25.8% | 75 | 73 |
Short-term vacation rental The property at €290,000 fails to align with the fair value of €131,960, indicating it is overpriced by 54.5%. While the 3% gross yield is modest in a tourist-driven area, the high listing price significantly undermines potential returns for short-term rentals. Buy-and-hold Given that this 0-bed apartment is priced at €290,000, well above the fair value estimate, it is difficult to justify as a sound buy-and-hold investment with a significant gap of 54.5%. The gross yield of 3% may not sufficiently compensate for the elevated initial investment compared to the area’s fair market conditions. Long-term rental With an asking price of €290,000, the property is overpriced when set against a fair value of €131,960, representing a 54.5% disparity. The anticipated long-term rental returns are limited by a low gross yield of 3%, making this option less appealing in a competitive rental market.
Economic downturn risk A score of 65 in economic stability suggests potential vulnerability to downturns that could affect overall property value and rental income stability.
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