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 house of 108 m², built in 1964, energy rating F. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a built-in storage area and a balcony that provides additional outdoor space, adding value to its renovation potential.
The valuation. The asking price of €230,000 is significantly above the fair value of €156,560, indicating that the property is overpriced by €73,440 (46.9%). This discrepancy suggests that buyers should approach the investment with caution.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 4a44c3 | Subject | €230,000 | €2,130 | — | — | 67 |
| urbanização António Joaquim Duarte, 23 | Active | €390,000 | €2,708 | 27.2% | 68 | 74 |
| Portimão · 956a7a | Active | €725,000 | €948 | 55.5% | 74 | 72 |
| rua Capitão Teófilo Duarte | Active | €290,000 | €1,676 | 21.3% | 55 | 65 |
| Portimão · 956918 | Active | €855,000 | €1,018 | 52.2% | 75 | 72 |
| Median comp | €557,500 | €1,347 | 36.7% | 71 | 72 |
Short-term vacation rental The property does not present an attractive investment opportunity for short-term vacation rentals, as it is overpriced by 46.9% compared to its fair value. With a poor condition rating of 0/100 despite a decent yield of 6.4%, potential returns may not justify the initial price. Long-term rental Investing in long-term rental for this property appears challenging, given its 46.9% pricing gap over fair value, resulting in diminished rental yield potential. While a gross yield of 6.4% might seem appealing, the poor condition of the property significantly detracts from its attractiveness as a long-term rental investment. Buy-and-hold As a buy-and-hold strategy, this property is not favorable due to its substantial overvaluation at €230,000 against a fair value of only €156,560. The combination of poor condition and inflated pricing suggests that the potential for capital appreciation is limited in the current market environment.
Economic risk The property may face financial challenges due to both economic and tenant stability scores being relatively low at 65/100, indicating potential instability in rental income and market conditions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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