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 144 m², built in 2005, energy rating D. Located on travessa António Vicente de Castro, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The duplex includes a dedicated office space for remote work, enhancing practicality, while its proximity to essential services ensures a convenient urban lifestyle.
The valuation. The asking price of €380,000 sits €111,753 or 29.4% above the fair value of €268,247, indicating that the property is overpriced. Buyers should consider alternatives in the same price range that offer better value.
Fair value modelled at €268,247 from the area baseline, adjusted for condition and location. Asking €380,000 sits €111,753 (29.4%) above — overpriced versus fair value.
Asking €380,000 versus the travessa António Vicente de Castro area baseline of €464,544 (€3,226/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
travessa António Vicente de Castro
Area baseline €464,544 + condition +€5,175 + location +€15,824 = modelled fair value of €268,247 (€1,863/m²), a €111,753 (29.4%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa António Vicente de Castro | Subject | €380,000 | €2,639 | — | 74 | 66 |
| avenida Tomás Cabreira, 34 | Active | €525,000 | €5,899 | 123.5% | 80 | 67 |
| praceta dos Cooperantes, 18 | Active | €310,000 | €2,925 | 10.8% | 80 | 73 |
| avenida São João de Deus | Active | €249,000 | €3,662 | 38.8% | 80 | 73 |
| Portimão · ba5a38 | Active | €310,000 | €3,827 | 45.0% | 74 | 73 |
| Median comp | €310,000 | €3,745 | 41.9% | 80 | 73 |
Short-term vacation rental The property is overpriced at €380,000 compared to the fair value of €268,247, resulting in a 29.4% gap. With a gross yield of only 2.8%, this investment is unlikely to provide satisfactory returns in the high-demand tourist area of Algarve. Buy-and-hold At €380,000, this duplex does not present a favorable buy-and-hold opportunity, given its significant overpricing above the fair value of €268,247. The low yield of 2.8% suggests that holding this property may not translate into long-term profitability or capital appreciation. Value-add renovation Investing in value-add renovation for this duplex is questionable, as the current list price of €380,000 far exceeds its fair value of €268,247. Although renovations could enhance its condition, the high entry price severely limits potential returns on investment due to the inherent overvaluation of the property.
Economic vulnerability The economic stability score of 55/100 suggests a significant risk of economic downturns impacting property values and rental income, which could be exacerbated by a tenant stability score of 70/100 indicating potential challenges in retaining reliable tenants in a volatile market.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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