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 105 m² on the 2nd floor, built in 2022, energy rating B. Located on rua das Traineiras, Portimão parish, Portimão municipality, Faro district. This property features a spacious 32 m² balcony perfect for outdoor relaxation and entertaining, complemented by energy-efficient fittings like double-glazed tilt-and-turn doors for optimal insulation.
The valuation. The asking price of €315,000 sits significantly above fair value, which is assessed at €266,662. This represents an overpricing of €48,338 (18.1%), indicating a financial mismatch for potential investors.
Fair value modelled at €266,662 from 6 comparable sales in the area. Asking €315,000 sits €48,338 (18.1%) above — overpriced versus fair value.
Asking €315,000 versus the rua das Traineiras area baseline of €206,974 (€1,971/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €206,974, adjusted for condition and micro-location, gives a modelled fair value of €266,662 (€2,540/m²), a €48,338 (18.1%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Traineiras | Subject | €315,000 | €3,000 | — | 78 | 73 |
| rua Francisco Alvo, 5 | Active | €435,000 | €2,277 | 24.1% | 78 | 75 |
| Portimão · 1f36ac | Active | €450,000 | €3,488 | 16.3% | 74 | 62 |
| Portimão · 1f3429 | Active | €565,000 | €3,038 | 1.3% | 73 | 77 |
| Portimão · 65a47c | Active | €360,000 | €2,571 | 14.3% | 70 | 72 |
| Median comp | €442,500 | €2,805 | 6.5% | 74 | 74 |
Short-term vacation rental This property is overpriced at €315,000, with a fair value of only €266,662, resulting in an 18.1% gap. While the tourism-driven area offers strong market potential, the yield of 3.9% gross does not justify the elevated purchase price for vacation rental purposes. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable given its 18.1% premium over fair value. The adequate condition rating of 80/100 and the decent neighbourhood score of 73/100 cannot compensate for the overpriced nature of the asset in a market that may not fully support such valuations. Long-term rental With a gross yield of 3.9%, this property presents itself as overpriced for long-term rental investment at €315,000 compared to the fair value of €266,662. The neighbourhood's amenities cater to tourists well, but the high initial investment could hinder profitability in the long run.
Economic Vulnerability The economic stability score of 60/100 indicates a potential risk of fluctuations in the local market that could affect rental income.
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