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.
1-bedroom, 1-bathroom apartment of 44 m², built in 1982, energy rating C. Located on rua dos Lusíadas S / N, Portimão parish, Portimão municipality, Faro district. This apartment features a spacious balcony with a barbecue, offering breathtaking panoramic views of the river, city, and mountains, perfect for outdoor relaxation and dining.
The valuation. The asking price of €260,000 is significantly above the fair value of €78,717, representing an overpricing of €181,283 (69.7%). This suggests that the property may not present a viable investment opportunity at its current price.
Fair value modelled at €78,717 from the area baseline, adjusted for condition and location. Asking €260,000 sits €181,283 (69.7%) above — overpriced versus fair value.
Asking €260,000 versus the rua dos Lusíadas S / N area baseline of €141,944 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 72 · Materials 68 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua dos Lusíadas S / N
Area baseline €141,944 + condition -€3,781 + location +€6,950 = modelled fair value of €78,717 (€1,789/m²), a €181,283 (69.7%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Lusíadas S / N | Subject | €260,000 | €5,909 | — | 72 | 73 |
| Portimão · 6f41ee | Active | €265,000 | €4,206 | 28.8% | 72 | 72 |
| avenida das Comunidades Lusíadas | Active | €295,000 | €5,784 | 2.1% | 68 | 65 |
| Alvor · b7c096 | Active | €245,000 | €4,083 | 30.9% | 68 | 68 |
| rua Armando Miranda S / N | Active | €259,000 | €3,754 | 36.5% | 74 | 75 |
| Median comp | €262,000 | €4,145 | 29.9% | 70 | 70 |
Short-term vacation rental The property is overpriced at €260,000 while the fair value is only €78,717, indicating a significant gap of 69.7%, which suggests limited return potential in the short-term rental market. With a gross yield of only 3.7%, this investment may not generate sufficient income to justify its high listing price. Long-term rental At €260,000, the apartment does not present an attractive opportunity for long-term rental, given the substantial fair value of €78,717, and the high valuation represents a gap of 69.7%. With a modest gross yield of 3.7%, the property's overpricing will likely hinder its ability to attract quality tenants for sustainable rental income. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its overpriced nature, with a valuation significantly above the fair value of €78,717, resulting in a 69.7% gap. The limited yield of 3.7% combined with the purchase price may result in suboptimal returns over time, making this a poor choice for long-term investment.
Economic Vulnerability The economic stability score of 65/100 indicates potential volatility in the local market that could affect rental income.
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