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 72 m², built in 1984, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Property features: The apartment boasts a south-facing balcony perfect for soaking up stunning sea views and enjoying year-round sunlight exposure, enhancing its premium living experience.
The valuation. The asking price of €555,000 significantly exceeds the fair value of €307,453, standing at €247,547 (80.5%) over the fair market estimate. This indicates that the property is overpriced.
Fair value modelled at €307,453 from 6 comparable sales in the area. Asking €555,000 sits €247,547 (80.5%) above — overpriced versus fair value.
Asking €555,000 versus the Portimão, Portimão, Faro area baseline of €250,755 (€3,483/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €250,755, adjusted for condition and micro-location, gives a modelled fair value of €307,453 (€4,270/m²), a €247,547 (80.5%) gap versus the €555,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 4392b2 | Subject | €555,000 | €7,708 | — | 80 | 70 |
| Portimão · 49b7ed | Active | €310,000 | €4,493 | 41.7% | 80 | 68 |
| rua António Feu | Active | €355,000 | €5,145 | 33.3% | 75 | 73 |
| rua de São Tomé e Príncipe, 31 | Active | €238,000 | €5,289 | 31.4% | 80 | 70 |
| rua dos Lusíadas | Active | €255,000 | €4,048 | 47.5% | 78 | 71 |
| Median comp | €282,500 | €4,819 | 37.5% | 79 | 71 |
Short-term vacation rental This property, with a listing price of €555,000, is overpriced compared to its fair value of €307,453, presenting an 80.5% gap. While the location benefits from tourism, the gross yield of 2.4% indicates that the investment lacks attractiveness for vacation rental potential. Long-term rental Selling for €555,000, this apartment is overpriced when the fair value is €307,453, leading to an 80.5% discrepancy. The low yield of 2.4% further suggests that this property would not be a smart choice for long-term rental investments. Buy-and-hold Priced at €555,000 and significantly above the fair value of €307,453, this property is overpriced by 80.5%. As a buy-and-hold investment, the low yield of 2.4% and the high entry cost do not justify the potential long-term growth in this market. Not ideal for: The student housing, luxury market, and industrial investment strategies should be avoided with this overpriced property, given the blend of its high price and insufficient investment returns.
Moderate Economic Risk The economic stability score of 60/100 indicates potential vulnerability to market fluctuations, which may affect tenant retention and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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