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.
2-bedroom, 2-bathroom apartment of 131 m², built in 2022, energy rating A+. Located Portimão parish, Portimão municipality, Faro district. This property features a seamless integration of indoor and outdoor spaces with expansive south-facing balconies offering open sea views and exceptional sun exposure.
The valuation. The asking price of €675,000 is significantly above the fair value of €258,758, making it overpriced by €416,242 (61.7%). This discrepancy indicates that potential investors may need to negotiate heavily to achieve a reasonable market entry.
Fair value modelled at €258,758 from the area baseline, adjusted for condition and location. Asking €675,000 sits €416,242 (61.7%) above — overpriced versus fair value.
Asking €675,000 versus the Portimão, Portimão, Faro area baseline of €422,606 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 76 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 80 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €422,606 + condition +€10,439 + location +€23,392 = modelled fair value of €258,758 (€1,975/m²), a €416,242 (61.7%) gap versus the €675,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · dc150a | Subject | €675,000 | €5,153 | — | 76 | 76 |
| rua da Vila Rosa S / N | Active | €647,000 | €5,882 | 14.2% | 80 | 74 |
| Portimão · 99f185 | Active | €515,000 | €3,679 | 28.6% | 75 | 78 |
| Estômbar e Parchal · 38a075 | Active | €380,000 | €3,140 | 39.1% | — | 65 |
| praceta da Borralha | Active | €335,000 | €2,638 | 48.8% | 68 | 73 |
| Median comp | €447,500 | €3,410 | 33.8% | 75 | 74 |
Short-term vacation rental Due to its location in the Algarve's tourist region, this apartment's demand for short-term rentals is high; however, the current pricing at €675,000 reflects a substantial gap of 61.7% above its fair value of €258,758. Given the gross yield of only 2.5%, this property presents an unattractive proposition for vacation rental investors. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is questionable, as the price of €675,000 is significantly higher than the fair value of €258,758, indicating that it is overpriced by 61.7%. The low yield of 2.5% further diminishes the investment appeal over the long term. Long-term rental With the property priced at €675,000, outpacing its fair value of €258,758 by 61.7%, it is clear that the investment is overpriced for a long-term rental strategy. The meager yield of 2.5% does not compensate for the overvaluation, resulting in a risky format for long-term leases.
Economic Sensitivity The property may face challenges during economic downturns given its economic stability score of 70, which indicates moderate vulnerability to market fluctuations.
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