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 106 m², built in 2006, energy rating D. Located on praceta dos Cooperantes, 18, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes a practical small balcony designed for laundry use, while its raised ground floor position offers privacy and tranquility. Location Benefits: Quick access to the city center ensures a balanced lifestyle.**
The valuation. The asking price of €310,000 exceeds the fair value of €207,293 by €102,707 (33.1%). This indicates that the property is overpriced relative to its true market worth.
Fair value modelled at €207,293 from the area baseline, adjusted for condition and location. Asking €310,000 sits €102,707 (33.1%) above — overpriced versus fair value.
Asking €310,000 versus the praceta dos Cooperantes, 18 area baseline of €341,956 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 83 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta dos Cooperantes, 18
Area baseline €341,956 + condition +€9,275 + location +€16,016 = modelled fair value of €207,293 (€1,956/m²), a €102,707 (33.1%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta dos Cooperantes, 18 | Subject | €310,000 | €2,925 | — | 78 | 72 |
| Portimão · ba5a38 | Active | €310,000 | €3,827 | 30.9% | 74 | 73 |
| Alvor · cfe295 | Active | €578,000 | €3,211 | 9.8% | 73 | 74 |
| avenida Tomás Cabreira, 34 | Active | €599,000 | €6,730 | 130.1% | 75 | 74 |
| avenida Tomás Cabreira, 34 | Active | €599,000 | €6,730 | 130.1% | 79 | 75 |
| Median comp | €588,500 | €5,279 | 80.5% | 75 | 74 |
Short-term vacation rental The property is overpriced, as it exceeds the fair value by 33.1%, potentially limiting profitability in the competitive tourism market of Portimão. With a gross yield of 4.3% and the reliance on tourism for economic stability, this investment may not meet the performance expectations of savvy rental operators. Long-term rental At €310,000, the property is overpriced compared to its fair value of €207,293, which diminishes the attractiveness for long-term rental opportunities. The gross yield of 4.3% suggests limited cash flow potential that may not justify the elevated price in a fluctuating rental market. Buy-and-hold The current listing price of €310,000 significantly surpasses the fair value of €207,293 and indicates that the investment may not yield substantial long-term appreciation. Given the economic dependency on tourism and a gross yield of 4.3%, holding onto this property may pose higher risks without a guaranteed return on investment.
Economic Sensitivity The property may face a risk due to moderate economic stability (65/100), which could lead to fluctuations in tenant demand and rent prices in the future.
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