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 68 m² on the 7th floor, built in 1991, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment includes access to a communal pool and a tennis court, enhancing lifestyle and leisure options for residents. Location Advantage: Situated within walking distance of the vibrant Praia da Rocha.**
The valuation. The asking price of €330,000 sits slightly below the fair value of €335,467, indicating a valuation that is fair, with a difference of €5,467 (1.6%). Buy-to-flip angle. Given the fair price, a potential strategy could involve quick cosmetic renovations to enhance appeal, with the goal of reselling in a thriving tourist-focused market. Buy-to-let angle. The apartment offers a gross yield of 3.4%, making it suitable for long-term rental or short-term vacation rental, estimated at approximately €935/month.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 8ee96e | Subject | €330,000 | €4,853 | — | — | 72 |
| rua do Oceano Índico | Active | €267,000 | €2,840 | 41.5% | 70 | 72 |
| Portimão · 420269 | Active | €315,000 | €5,000 | 3.0% | 72 | 79 |
| Portimão · 8936c2 | Active | €292,000 | €4,867 | 0.3% | 68 | 70 |
| avenida das Comunidades Lusíadas S / N | Active | €310,000 | €6,596 | 35.9% | 70 | 71 |
| Median comp | €301,000 | €4,934 | 1.7% | 70 | 72 |
Short-term vacation rental The property has a gross yield of 3.4%, which may be attractive in the context of a popular tourist area like Algarve, yet the fair value indicates it isn't a strong bargain. Given its proximity to tourism hotspots, it can still be a viable short-term rental option, though competitive advantages may be limited. Long-term rental With a fair value only marginally higher than the listing price, this apartment offers stability for long-term rental, but the low yield of 3.4% suggests limited upside for investors. Its location in a neighborhood with a score of 72/100 indicates decent demand for long-term occupants, albeit without significant growth prospects. Buy-and-hold The property’s fair value means that investors might see minimal appreciation over time, making it a less compelling candidate for a buy-and-hold strategy. Each aspect, from the low amenity score to a lack of major economic drivers, suggests that while it can provide steady rental income, capital appreciation is unlikely to match expectations.
Economic volatility risk With an economic stability score of 65/100, there is a higher chance of fluctuations in the local economy that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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