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 65 m², built in 1990, energy rating D. Located on alameda License, Portimão parish, Portimão municipality, Faro district. High profitability potential due to its active Local Accommodation (AL) license, alongside unique resort-style amenities including access to three swimming pools and squash courts, enhances investment appeal.
The valuation. The asking price of €275,000 sits significantly above its fair value of €122,199, indicating an overpriced status with a discrepancy of €152,801 (55.6%). This suggests that potential investors may face challenges in justifying the purchase price.
Fair value modelled at €122,199 from the area baseline, adjusted for condition and location. Asking €275,000 sits €152,801 (55.6%) above — overpriced versus fair value.
Asking €275,000 versus the alameda License area baseline of €209,690 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
alameda License
Area baseline €209,690 + condition +€1,219 + location +€9,375 = modelled fair value of €122,199 (€1,880/m²), a €152,801 (55.6%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda License | Subject | €275,000 | €4,231 | — | 74 | 71 |
| travessa das Piscinas Municipais, 2 | Active | €490,000 | €10,426 | 146.4% | 72 | 70 |
| avenida Tomás Cabreira | Active | €325,000 | €4,392 | 3.8% | 70 | 71 |
| Portimão · ba39cf | Active | €280,000 | €3,944 | 6.8% | 70 | 69 |
| rua das Anforas | Active | €245,000 | €5,976 | 41.2% | 70 | 63 |
| Median comp | €302,500 | €5,184 | 22.5% | 70 | 70 |
Short-term vacation rental The property is overpriced, with a significant gap of 55.6% above fair value, limiting the potential profitability in the short-term rental market. Its gross yield of 3.6% is below attractive levels, suggesting that investment returns may not justify the high entry cost. Buy-and-hold With a fair value of €122,199 contrasted against the asking price of €275,000, this apartment reflects an overpriced condition that undermines long-term investment potential. The relatively low yield of 3.6% further indicates that holding this asset might not yield the desired capital appreciation. Family rental As a family rental, the unit's current listing is well above the fair value, indicating it may not appeal to budget-conscious tenants. Furthermore, the combination of a 76/100 condition rating and a 71/100 neighborhood rating does little to warrant the asking price, making it a poor choice for family housing. Not ideal for: Student housing, Luxury market, Commercial development Given the current pricing and economic context, this property is not suitable for student housing, luxury market positioning, or commercial development projects. High market prices combined with a reliance on tourism suggest limited opportunities in these segments.
Economic Vulnerability A score of 65/100 in economic stability indicates potential fluctuations in local market conditions that could impact property values and rental income.
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