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, 2-bathroom apartment of 132 m², built in 2019, energy rating A. Located Portimão parish, Portimão municipality, Faro district. This property features direct access from the open-plan kitchen to a private terrace, enhancing indoor-outdoor living for entertainment and relaxation.
The valuation. The asking price of €985,000 significantly exceeds the fair value estimate of €259,746, creating a disparity of €725,254 (73.6%). This property is considered overpriced.
Fair value modelled at €259,746 from the area baseline, adjusted for condition and location. Asking €985,000 sits €725,254 (73.6%) above — overpriced versus fair value.
Asking €985,000 versus the Portimão, Portimão, Faro area baseline of €425,832 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 83 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 75 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Portimão, Portimão, Faro
Area baseline €425,832 + condition +€11,344 + location +€21,758 = modelled fair value of €259,746 (€1,968/m²), a €725,254 (73.6%) gap versus the €985,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · da464e | Subject | €985,000 | €7,462 | — | 78 | 74 |
| Portimão · bf27d5 | Active | €570,000 | €3,115 | 58.3% | 80 | 74 |
| Portimão · 65a3e1 | Active | €1,400,000 | €10,606 | 42.1% | 80 | 68 |
| rua Júdice Biker | Active | €385,000 | €2,939 | 60.6% | 75 | 72 |
| Mexilhoeira Grande · 0dcc89 | Active | €850,000 | €3,864 | 48.2% | — | 71 |
| Median comp | €710,000 | €3,490 | 53.2% | 80 | 72 |
Short-term vacation rental The 3-bed apartment in Portimão is overpriced at €985,000, reflecting a staggering gap of 73.6% above its fair value of €259,746. With a gross yield of 0%, this property is unlikely to generate sufficient income during the peak tourist season, making it a risky investment in a fluctuating market. Buy-and-hold Considering the apartment's fair value significantly lower than its listing price, investing in this property as a buy-and-hold strategy is not advisable. The current market conditions, bolstered by limited employment stability, suggest that any potential appreciation in property value would not justify the hefty price tag. Family rental Acquiring this apartment for family rental purposes is unwise due to its overpriced listing and poor gross yield of 0%. The dependency on tourism for economic stability may hinder long-term tenant retention, especially in a property valued so far above market norms.
Economic Vulnerability With an economic stability score of 55/100, the property is at risk of potential declines in local economic performance affecting tenant demand and rental income stability.
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