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, 1-bathroom apartment of 80 m², energy rating D. Located on rua José António Marques, 3, Portimão parish, Portimão municipality, Faro district. This spacious apartment features quality materials and a flexible layout ideal for customization, enhancing its appeal as a rental investment in a burgeoning market.
The valuation. The asking price of €280,000 is significantly above the fair value of €147,724, making it overpriced by €132,276 (47.2%). This discrepancy suggests potential investors may want to proceed with caution.
Fair value modelled at €147,724 from the area baseline, adjusted for condition and location. Asking €280,000 sits €132,276 (47.2%) above — overpriced versus fair value.
Asking €280,000 versus the rua José António Marques, 3 area baseline of €258,080 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 77 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua José António Marques, 3
Area baseline €258,080 + condition -€625 + location +€10,989 = modelled fair value of €147,724 (€1,847/m²), a €132,276 (47.2%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José António Marques, 3 | Subject | €280,000 | €3,500 | — | 72 | 70 |
| Portimão · 03255d | Active | €290,000 | €3,867 | 10.5% | 72 | 73 |
| Portimão · 6eb9ec | Active | €290,000 | €3,867 | 10.5% | 70 | 72 |
| avenida São João de Deus | Active | €249,000 | €3,662 | 4.6% | 80 | 73 |
| rua Horta do Palácio | Active | €305,000 | €3,813 | 8.9% | 75 | 70 |
| Median comp | €290,000 | €3,840 | 9.7% | 74 | 73 |
Short-term vacation rental This property, with its attractive location in the Algarve tourist region, is projected to generate a gross yield of 4.2%, which is middling considering the price point of €280,000. However, given that the property is overpriced with a 47.2% gap compared to its fair value of €147,724, the return might not meet investor expectations in the short-term rental market. Long-term rental While this apartment could serve as a long-term rental in a tourism-driven area, its gross yield of 4.2% does not justify the elevated listing price of €280,000. The significant gap against fair value at 47.2% highlights that it is overpriced, potentially limiting the long-term investment appeal. Family rental Although the property is located in a family-friendly neighbourhood and has a rating of 70/100, the asking price of €280,000 makes it less attractive for family rentals. The current valuation indicates that the property is overpriced by 47.2% compared to the fair value of €147,724, which could dissuade families seeking affordable housing options.
Economic Vulnerability The economic stability score of 65/100 suggests potential vulnerability to economic downturns that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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