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 47 m² on the 3rd floor, energy rating D. Located on rua Rainha Dona Leonor, 141, Portimão parish, Portimão municipality, Faro district. This property features energy-efficient appliances and stylish cabinetry that enhance its modern aesthetic while promoting sustainability.
The valuation. The asking price of €340,000 is significantly above the fair value of €94,321, representing an overpricing of €245,679 (72.3%). This valuation indicates that the property is not competitively priced in the current market.
Fair value modelled at €94,321 from the area baseline, adjusted for condition and location. Asking €340,000 sits €245,679 (72.3%) above — overpriced versus fair value.
Asking €340,000 versus the rua Rainha Dona Leonor, 141 area baseline of €151,622 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 85 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 80 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Rainha Dona Leonor, 141
Area baseline €151,622 + condition +€5,875 + location +€7,747 = modelled fair value of €94,321 (€2,007/m²), a €245,679 (72.3%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Rainha Dona Leonor, 141 | Subject | €340,000 | €7,234 | — | 85 | 74 |
| travessa das Piscinas Municipais, 2 | Active | €490,000 | €10,426 | 44.1% | 72 | 70 |
| rua de São Tomé e Príncipe, 31 | Active | €238,000 | €5,289 | 26.9% | 80 | 70 |
| rua dos Lusíadas | Active | €255,000 | €4,048 | 44.0% | 78 | 71 |
| avenida São João de Deus | Active | €249,000 | €3,662 | 49.4% | 80 | 73 |
| Median comp | €252,000 | €4,669 | 35.5% | 79 | 71 |
Short-term vacation rental This property, listed at €340,000, does not offer a viable return on investment due to its 0% gross yield despite the strong tourism influence of the Algarve. The significant gap of 72.3% from its fair value of €94,321 indicates that it is overpriced for the short-term rental market. Buy-and-hold With a fair value of €94,321 and a current listing price that reflects a 72.3% premium, this 1-bed apartment is not a sound buy-and-hold investment given its overvaluation and lack of yield. In a market driven by tourism and safety, the investment does not justify the steep price against expected long-term returns. Family rental An acquisition price of €340,000, which is 72.3% higher than fair value, makes this unit an unattractive option for family rental purposes. While the neighbourhood boasts decent amenities, the cost far outweighs the potential benefits for long-term tenants, resulting in a poor investment scenario.
Tenant Default Risk With a tenant stability score of 70/100, there is a moderate risk of tenant turnover or default that could affect rental income stability and cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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