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 62 m² on the 11th floor, built in 2008, energy rating E. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a spacious terrace that enhances outdoor living and is equipped with modern sound and security systems for added comfort and peace of mind.
The valuation. The asking price of €325,000 is €65,077 (25.0%) above the fair value of €259,923, indicating the property is overpriced. This discrepancy suggests potential challenges for investors seeking returns. Buy-to-flip angle. The buy-to-flip strategy could leverage the property’s high-quality finishes and desirable location by targeting buyers seeking modern living spaces in a competitive market. However, the initial investment exceeds realistic resale expectations. Buy-to-let angle. With an estimated gross yield of 2.8% (~€758/month), the rental income strategy focuses on either short-term vacation rentals or long-term rentals to optimize cash flow in the tourist-driven Algarve region. Potential rental demand is supported by local employment trends.
Fair value modelled at €259,923 from 6 comparable sales in the area. Asking €325,000 sits €65,077 (25.0%) above — overpriced versus fair value.
Asking €325,000 versus the Portimão, Portimão, Faro area baseline of €230,341 (€3,715/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €230,341, adjusted for condition and micro-location, gives a modelled fair value of €259,923 (€4,192/m²), a €65,077 (25.0%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 89e697 | Subject | €325,000 | €5,242 | — | 75 | 71 |
| alameda License | Active | €275,000 | €4,231 | 19.3% | 74 | 71 |
| urbanização Clube do Vau Vau | Active | €270,000 | €4,154 | 20.8% | 75 | 70 |
| avenida das Comunidades Lusíadas, 3 | Active | €195,000 | €4,063 | 22.5% | 71 | 67 |
| travessa das Piscinas Municipais, 2 | Active | €490,000 | €10,426 | 98.9% | 72 | 70 |
| Median comp | €272,500 | €4,193 | 20.0% | 73 | 70 |
Short-term vacation rental While the Algarve has a tourist-driven economy that can support vacation rentals, this property is currently overpriced at €325,000 compared to its fair value of €259,923, representing a 25% gap. With a gross yield of only 2.8%, it is challenging to generate significant returns in the short-term rental market. Long-term rental Investing in long-term rentals in Portimão may not be favorable given this property’s overpriced nature, with a fair value of €259,923 compared to the listing price of €325,000. The suboptimal yield of 2.8% also raises concerns about the property's ability to provide a reliable income stream for long-term tenants. Buy-and-hold Adopting a buy-and-hold strategy is not ideal for this property, as it is overpriced at €325,000, with fair value assessed at €259,923, indicating a 25% discrepancy. The property’s yield of 2.8% does not provide a compelling case for holding in a market where appreciation potential may be limited by overvaluation.
Economic Vulnerability The property has a moderate economic stability score of 65/100, indicating potential economic fluctuations that could impact tenant demand and rental income stability. Tenant Turnover Risk With a tenant stability score of 72/100, there is a moderate risk of turnover, which may lead to increased vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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