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 apartment of 82 m² on the 9th floor, built in 2008, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts two balconies providing both en-suite and living space with outdoor views, enhancing both natural light and ventilation throughout the home.
The valuation. The asking price of €325,000 is €17,954 (5.8%) above the fair value of €307,046, indicating a fair valuation for the property. The price is aligned with the market conditions in the Algarve region but does not present a bargain.
Fair value modelled at €307,046 from 6 comparable sales in the area. Asking €325,000 sits €17,954 (5.8%) above — overpriced versus fair value.
Asking €325,000 versus the Portimão, Portimão, Faro area baseline of €270,925 (€3,304/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €270,925, adjusted for condition and micro-location, gives a modelled fair value of €307,046 (€3,744/m²), a €17,954 (5.8%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 8ee75d | Subject | €325,000 | €3,963 | — | 80 | 71 |
| avenida Tomás Cabreira, 34 | Active | €525,000 | €5,899 | 48.8% | 80 | 67 |
| travessa António Vicente de Castro | Active | €380,000 | €2,639 | 33.4% | 74 | 66 |
| avenida São João de Deus | Active | €249,000 | €3,662 | 7.6% | 80 | 73 |
| rua da Raminha, 25 | Active | €308,000 | €3,385 | 14.6% | 75 | 74 |
| Median comp | €344,000 | €3,524 | 11.1% | 78 | 70 |
Short-term vacation rental Given the attractive location in the Algarve region, the property could generate moderate income as a short-term vacation rental, but its yields at 3.8% indicate that it may not achieve optimal returns in this competitive market. Furthermore, with a fair value gap of only 5.8%, investors should temper their expectations regarding capital appreciation. Buy-and-hold As a buy-and-hold investment, this property aligns with long-term trends in the Algarve, catering to both retirees and expats seeking stable housing options. While the property is fairly priced at €325,000, the modest gross yield of 3.8% suggests that appreciation would be slow and may not cover all costs over time. Family rental In the family rental market, this property is situated in a neighborhood with a decent score of 71/100, making it a viable option for long-term tenants. However, the fair valuation means that potential cash flow may be limited, and investors should be cautious of expenses against the rental income generated in this segment.
Economic Vulnerability With an economic stability score of 65/100, there's a significant risk that economic conditions could deteriorate, impacting tenant demand and rental income.**
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