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, 1-bathroom apartment of 66 m² on the 3rd floor, energy rating E. Located on rua Judice Fialho, 49, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This top-floor apartment uniquely offers a spacious balcony with southwest orientation, perfect for enjoying stunning river and ocean views during sunset, enhancing both lifestyle and investment potential.
The valuation. The asking price of €230,000 is marginally above the fair value of €225,280, representing a difference of €4,720 or 2.1%. This positions the property as fair, making it a reasonable investment opportunity.
Fair value modelled at €225,280 from 6 comparable sales in the area. Asking €230,000 sits €4,720 (2.1%) above — overpriced versus fair value.
Asking €230,000 versus the rua Judice Fialho, 49 area baseline of €202,154 (€3,063/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €202,154, adjusted for condition and micro-location, gives a modelled fair value of €225,280 (€3,413/m²), a €4,720 (2.1%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Judice Fialho, 49 | Subject | €230,000 | €3,485 | — | 70 | 73 |
| Portimão · 6eba2d | Active | €227,000 | €2,580 | 26.0% | 68 | 74 |
| Portimão · 49b8f0 | Active | €255,000 | €4,722 | 35.5% | 75 | 81 |
| rua José António Marques, 3 | Active | €280,000 | €3,500 | 0.4% | 72 | 70 |
| rua Marechal Gomes da Costa, 13 | Active | €249,500 | €3,327 | 4.5% | 72 | 70 |
| Median comp | €252,250 | €3,414 | 2.0% | 72 | 72 |
Short-term vacation rental The property offers potential as a short-term vacation rental due to its favorable gross yield of 4.7% and location in the tourist-heavy Algarve. However, its slight gap of 2.1% from fair value suggests that it might not deliver the high returns typically sought in this segment. Long-term rental With a fair value closely aligning with the listing price, the property provides a reliable option for long-term rental, generating a yield of 4.7% in a neighborhood rated 73/100. The seasonal tourism reliance may affect tenant diversity and stability, making this strategy viable but not exceptionally lucrative. Buy-and-hold The buy-and-hold strategy is reasonable for this property, given its fair value assessment and solid rental yield of 4.7%. Nevertheless, the neighborhood's dependence on tourism poses risks regarding long-term appreciation and rental demand stability, indicating a cautious approach is warranted.
Economic Sensitivity Risk With an economic stability score of 65/100, there is a moderate risk that local economic downturns could negatively impact tenant retention and rental income.
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