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 63 m², energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment includes a valid Local Accommodation (AL) license, enabling immediate rental income potential as a holiday property. Amenities Highlight: Access to a poolside bar enhances recreational opportunities for residents.
The valuation. The asking price of €270,000 is significantly above the fair value of €109,520, representing an overpriced status of €160,480 (59.4%). This suggests that potential investors may face challenges in achieving a satisfactory return on investment. Buy-to-flip angle. A buy-and-flip strategy would require purchasing at a lower price point, as the current listing is above fair market value. Investors may need to seek opportunities or negotiate aggressively to find a viable resale strategy. Buy-to-let angle. The apartment offers an estimated rental income of €900/month, yielding a gross rental yield of 4%. Given Algarve's tourism influence, long-term rental strategies could provide consistent income despite the initial overpriced nature of the property.
Fair value modelled at €109,520 from the area baseline, adjusted for condition and location. Asking €270,000 sits €160,480 (59.4%) above — overpriced versus fair value.
Asking €270,000 versus the Portimão, Portimão, Faro area baseline of €203,238 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €203,238 + condition -€8,170 + location +€9,519 = modelled fair value of €109,520 (€1,738/m²), a €160,480 (59.4%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · b7c0a2 | Subject | €270,000 | €4,286 | — | 70 | 72 |
| alameda License | Active | €275,000 | €4,231 | 1.3% | 74 | 71 |
| rua das Anforas | Active | €245,000 | €5,976 | 39.4% | 70 | 63 |
| Portimão · 28bc5b | Active | €325,000 | €6,019 | 40.4% | 65 | 62 |
| Portimão · ba5a86 | Active | €192,000 | €4,800 | 12.0% | 70 | 68 |
| Median comp | €260,000 | €5,388 | 25.7% | 70 | 66 |
Long-term rental This 1-bed apartment in Portimão, listed at €270,000, presents a significant fair value gap of 59.4%, indicating that the property is overpriced compared to its fair value of €109,520. With a gross yield of just 4% and an average condition score of 67/100, this investment may struggle to attract stable, long-term tenants amidst the competitive rental market. Short-term vacation rental The high listing price of €270,000 suggests a considerable overvaluation against the fair value of €109,520, reflecting a gap of 59.4%. While the property is located in a tourist-driven area, the gross yield of 4% alongside the condition rating of 67/100 may hinder profitability in the short-term rental market. Buy-and-hold Priced at €270,000, this property in Portimão is significantly overpriced against the fair value of €109,520, with a 59.4% disparity indicating a poor initial investment. The potential for long-term appreciation is diminished by the low yield of 4% and condition score of 67/100, making this strategy less appealing for investors looking for solid returns over time.
Moderate Economic Risk The property has an economic stability score of 65, indicating potential vulnerabilities in the local economy that could affect rental income and property value.
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