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 89 m², built in 2001. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a spacious outdoor terrace ideal for relaxation and entertaining, along with exclusive access to upscale amenities like an indoor heated pool and tennis court.
The valuation. The asking price of €310,000 sits significantly above the fair value of €167,399, indicating the property is overpriced by €142,601 (46.0%).
Fair value modelled at €167,399 from the area baseline, adjusted for condition and location. Asking €310,000 sits €142,601 (46.0%) above — overpriced versus fair value.
Asking €310,000 versus the Portimão, Portimão, Faro area baseline of €287,114 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 73 · Materials 76 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €287,114 + condition -€695 + location +€15,281 = modelled fair value of €167,399 (€1,881/m²), a €142,601 (46.0%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · b7c12f | Subject | €310,000 | €3,483 | — | 73 | 75 |
| Alvor · 420065 | Active | €255,000 | €4,322 | 24.1% | 72 | 71 |
| Portimão · 6f41ee | Active | €265,000 | €4,206 | 20.8% | 72 | 72 |
| Alvor · ba5761 | Active | €140,000 | €3,500 | 0.5% | 75 | 56 |
| Portimão · 6fbc24 | Active | €850,000 | €9,444 | 171.1% | 70 | 69 |
| Median comp | €260,000 | €4,264 | 22.4% | 72 | 70 |
Short-term vacation rental The property is overpriced by 46.0% compared to its fair value of €167,399, limiting potential return on investment despite its proximity to popular Algarve tourist attractions. With a gross yield of only 4%, the short-term vacation rental strategy appears less viable in a market that demands value-driven pricing. Buy-and-hold Given its fair value and the 46.0% gap, the buy-and-hold strategy is not recommended, as the investment would be more advantageous at a price closer to €167,399. The current pricing reflects more of a speculative market than a strategic long-term investment opportunity. Long-term rental The asking price of €310,000 suggests a significant overpricing situation, yielding a modest 4% gross return that does not justify the investment. Therefore, pursuing a long-term rental strategy may not be optimal when the actual market value is substantially lower than the listing price.
Economic and Tenant Instability Despite a decent economic stability score of 70/100, the risk of unforeseen market fluctuations could impact tenant stability, currently rated at 75/100, potentially leading to higher vacancy rates.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
