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.
3-bedroom, 2-bathroom apartment of 154 m² on the 4th floor, energy rating C. Located on rua dos Cravos, 7A, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment includes a private storage room and a spacious balcony that enhances the living experience with outdoor access in a serene environment.
The valuation. The asking price of €350,000 is significantly above the fair value of €290,669, indicating a premium of €59,331 (17.0%). This property is clearly overpriced, making it a less attractive investment option.
Fair value modelled at €290,669 from the area baseline, adjusted for condition and location. Asking €350,000 sits €59,331 (17.0%) above — overpriced versus fair value.
Asking €350,000 versus the rua dos Cravos, 7A area baseline of €496,804 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua dos Cravos, 7A
Area baseline €496,804 + condition +€1,925 + location +€24,326 = modelled fair value of €290,669 (€1,887/m²), a €59,331 (17.0%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Cravos, 7A | Subject | €350,000 | €2,273 | — | 72 | 73 |
| Portimão · 25f918 | Active | €349,900 | €2,536 | 11.6% | 66 | 79 |
| Portimão · 6d53e6 | Active | €335,000 | €2,702 | 18.9% | 70 | 64 |
| rua do Moleiro, 3 | Active | €287,000 | €2,242 | 1.3% | 65 | 68 |
| Portimão · bf2a1f | Active | €285,000 | €2,615 | 15.0% | 65 | 72 |
| Median comp | €311,000 | €2,576 | 13.3% | 66 | 70 |
Short-term vacation rental The property is overpriced with a listing price of €350,000 compared to a fair value of €290,669, reflecting a 17.0% discrepancy that could limit profitability for short-term rentals. Given the reliance on the tourism industry, the property may not be a sound investment, especially with a gross yield of only 3.9%. Buy-and-hold At a listing price of €350,000, the property is overpriced by 17.0% versus its fair value of €290,669, which diminishes the long-term capital appreciation potential expected from a buy-and-hold strategy. Additionally, the mixed quality of schools in the area may affect tenant demand and rental stability over time. Family rental This property is priced at €350,000, which is 17.0% above its fair value of €290,669, making it an unattractive option for families seeking stable housing. With a neighbourhood rating of only 73/100 and varying school quality, it may deter families looking for a reliable rental environment.
Economic vulnerability With an economic stability score of 65/100, there is a notable risk of economic fluctuations impacting rental income and property value.
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