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.
3-bedroom, 2-bathroom apartment of 120 m², built in 1994, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment benefits from a central square location with ground floor access, allowing for easy entry and proximity to essential amenities like hospitals and markets.
The valuation. The asking price of €325,000 sits €72,363 (28.6%) above fair value at €252,637, indicating that the property is overpriced. This discrepancy suggests potential challenges for investors looking for value in their purchase.
Fair value modelled at €252,637 from 6 comparable sales in the area. Asking €325,000 sits €72,363 (28.6%) above — overpriced versus fair value.
Asking €325,000 versus the Portimão, Portimão, Faro area baseline of €260,446 (€2,170/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 is below the parish average, reducing 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 €260,446, adjusted for condition and micro-location, gives a modelled fair value of €252,637 (€2,105/m²), a €72,363 (28.6%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 4a43a4 | Subject | €325,000 | €2,708 | — | 60 | 74 |
| Portimão · 28bc6e | Active | €290,500 | €1,410 | 47.9% | 55 | 74 |
| rua do Operário, 2B | Active | €248,000 | €2,318 | 14.4% | 53 | 78 |
| estrada de Alvor | Active | €265,000 | €1,893 | 30.1% | — | 71 |
| rua Frederico Gonçalves | Active | €161,000 | €624 | 77.0% | — | 63 |
| Median comp | €256,500 | €1,652 | 39.0% | 54 | 73 |
Short-term vacation rental The property is overpriced at €325,000, with a fair value of €252,637 highlighting a 28.6% gap that undermines the investment appeal. Despite the favorable tourism conditions in the Algarve, the yield of 4.2% coupled with the property's condition rating of 58/100 suggests a limited return on investment prospects in the vacation rental market. Long-term rental At a listing price of €325,000, this property does not align with the fair value of €252,637, presenting a concerning 28.6% price discrepancy. While the neighborhood boasts a decent score of 74/100, the gross yield of 4.2% indicates that this property may not provide the strong cash flow typically desired in long-term rental strategies. Buy-and-hold Priced at €325,000, the property significantly exceeds its fair value of €252,637, resulting in a gap of 28.6% that signals potential issues for buy-and-hold investors. Even with the area's economic stability and amenities, the relatively low gross yield of 4.2% and its condition rating suggest that capital appreciation may not materialize adequately over time.
Economic Downturn Risk With an economic stability score of 70/100, there is a potential for significant fluctuations in the local economy, which could impact tenant demand and rental income stability.
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