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.
4-bedroom, 2-bathroom apartment of 142 m² on the 4th floor, built in 1975, energy rating C. Located on avenida São João de Deus, 49, Portimão parish, Portimão municipality, Faro district. Unique selling point: This apartment features a versatile bedroom currently configured as a home office, catering to the demands of modern remote work lifestyles. Investment benefit: Currently rented, it offers immediate profitability until December 2026.
The valuation. The asking price of €325,000 sits €58,797 (18.1%) above the fair value of €266,203, indicating the property is overpriced. Investors should carefully evaluate this discrepancy before proceeding.
Fair value modelled at €266,203 from the area baseline, adjusted for condition and location. Asking €325,000 sits €58,797 (18.1%) above — overpriced versus fair value.
Asking €325,000 versus the avenida São João de Deus, 49 area baseline of €458,092 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 79 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
avenida São João de Deus, 49
Area baseline €458,092 + condition +€2,884 + location +€19,505 = modelled fair value of €266,203 (€1,875/m²), a €58,797 (18.1%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida São João de Deus, 49 | Subject | €325,000 | €2,289 | — | 72 | 70 |
| rua dos Cravos, 7A | Active | €350,000 | €2,273 | 0.7% | 72 | 73 |
| Portimão · 25f918 | Active | €349,900 | €2,536 | 10.8% | 66 | 79 |
| rua da Hortinha, 33A | Active | €375,000 | €2,206 | 3.6% | 68 | 75 |
| Portimão · ba5955 | Active | €370,000 | €2,467 | 7.8% | 75 | 71 |
| Median comp | €360,000 | €2,370 | 3.6% | 70 | 74 |
Long-term rental This property is not well-positioned for long-term rental given its overpriced status and higher fair value gap of 18.1%. The yield of 4.6% does not align with the expected returns, making it a less attractive option for stable income generation. Short-term vacation rental While the central Algarve location is known for seasonal tourism, the significant overpricing at €325,000 suggests diminished profitability for short-term vacation rentals. The condition score of 76/100 may not justify the high entry cost, likely leading to lower-than-expected revenues. Buy-and-hold Given that the property is overpriced with a fair value assessment of €266,203, pursuing a buy-and-hold strategy would pose substantial risk. Holding on to this property could result in stagnation or depreciation of equity over time, especially in a seasonal market heavily influenced by tourism. Not ideal for: Student housing, Luxury market The property’s valuation indicates a disconnect with student housing demand and the luxury market, further reinforcing that this asset is overpriced. As such, targeting these segments would likely not yield favorable financial outcomes.
Economic and Tenant Instability Risk The property may face challenges with occupancy and rental income due to both economic stability and tenant stability scores being at a moderate level of 65/100, indicating potential vulnerability to market fluctuations.
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