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 duplex of 146 m², built in 1988, energy rating E. Located on urbanização Clube do Vau, 2, Portimão parish, Portimão municipality, Faro district. This duplex boasts two balconies with unobstructed views of the sea, offering ideal relaxation spots just steps from the pristine Praia do Vau.
The valuation. The asking price of €483,000 sits significantly above the fair value of €284,875, representing an overpriced status at €198,125 (41.0%). This valuation indicates a lack of alignment with the current market conditions and property comparables.
Fair value modelled at €284,875 from the area baseline, adjusted for condition and location. Asking €483,000 sits €198,125 (41.0%) above — overpriced versus fair value.
Asking €483,000 versus the urbanização Clube do Vau, 2 area baseline of €470,996 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Clube do Vau, 2
Area baseline €470,996 + condition +€9,125 + location +€25,068 = modelled fair value of €284,875 (€1,951/m²), a €198,125 (41.0%) gap versus the €483,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Clube do Vau, 2 | Subject | €483,000 | €3,308 | — | 75 | 75 |
| urbanização Clube do Vau, 2 | Active | €483,000 | €3,551 | 7.4% | 75 | 76 |
| rua Vieira da Silva | Active | €495,000 | €4,125 | 24.7% | 72 | 70 |
| rua Vieira da Silva | Active | €495,000 | €4,125 | 24.7% | 75 | 73 |
| avenida das Comunidades Lusíadas, 3 | Active | €450,000 | €3,462 | 4.6% | 74 | 70 |
| Median comp | €489,000 | €3,838 | 16.0% | 75 | 72 |
Short-term vacation rental The property is overpriced at €483,000 compared to the fair value of €284,875, creating a significant gap of 41.0%. Although the coastal Algarve region typically experiences high tourist demand, the 3.6% gross yield indicates that this investment may not provide adequate returns given the high listing price. Buy-and-hold With a fair value of €284,875 and a notable gap of 41.0%, investing in this property at €483,000 is not advisable for a long-term buy-and-hold strategy. The average condition rating of 79/100 does not justify the premium pricing, especially when considering the potential for better-priced alternatives in the area. Value-add renovation This property is priced at €483,000, significantly above the fair value of €284,875, making it a poor candidate for a value-add renovation strategy. The small potential for increased returns from renovations does not offset the 41.0% gap above fair value in a predominantly tourist-driven market. Not ideal for: Student housing, Luxury market, Industrial investments
Potential Economic Volatility The economic stability score of 65/100 indicates a risk of fluctuations 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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