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, 4-bathroom apartment of 185 m², built in 2008, energy rating C. Located on urbanização Vale Franªa, Portimão parish, Portimão municipality, Faro district. Noteworthy Feature: This apartment includes three dedicated parking spaces, a rare asset in the urban area of Portimão, enhancing convenience for residents and their guests.
The valuation. The asking price of €425,000 is significantly above the fair value of €350,687, by €74,313 (17.5%). This property is considered overpriced compared to its market value.
Fair value modelled at €350,687 from the area baseline, adjusted for condition and location. Asking €425,000 sits €74,313 (17.5%) above — overpriced versus fair value.
Asking €425,000 versus the urbanização Vale Franªa area baseline of €596,810 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 78 · Amenities 73 · Economic 67 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Vale Franªa
Area baseline €596,810 + condition +€6,359 + location +€26,682 = modelled fair value of €350,687 (€1,896/m²), a €74,313 (17.5%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Vale Franªa | Subject | €425,000 | €2,297 | — | 73 | 71 |
| rua Dom Afonso V, 3 | Active | €550,000 | €2,466 | 7.4% | 75 | 73 |
| beco António Vicente de Castro, 3 | Active | €550,000 | €2,657 | 15.7% | 80 | 73 |
| rua da Hortinha, 33A | Active | €375,000 | €2,206 | 4.0% | 68 | 75 |
| Portimão · dbd491 | Active | €460,000 | €2,754 | 19.9% | 72 | 70 |
| Median comp | €505,000 | €2,562 | 11.5% | 74 | 73 |
Short-term vacation rental This property, listed at €425,000, presents a significant pricing gap of 17.5% above its fair value of €350,687, indicating it is overpriced for short-term vacation rentals. While the Algarve's tourist-driven economy supports rental demand, the yield of 4.2% gross is insufficient considering the economic pressures posed by the high purchase price. Long-term rental The current asking price of €425,000 far exceeds the fair value of €350,687, which suggests the property is overpriced for long-term rental investments. With a gross yield of 4.2% and a neighbourhood quality score of 71/100, the returns do not justify the high upfront cost. Buy-and-hold At €425,000, this property is overpriced compared to its fair value of €350,687, limiting its attractiveness for a buy-and-hold strategy. The yield of 4.2% gross and the less-than-ideal condition rating of 77/100 further complicate long-term appreciation in this investment approach.
Market Volatility Risk: With an economic stability score of 67/100 and a tenant stability score of 65/100, the property may experience fluctuations in tenant demand, potentially leading to increased vacancy rates and rental income instability.
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