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, 2-bathroom house of 71 m², energy rating E. Located on rua 16 de Maio, Portimão parish, Portimão municipality, Faro district. Unique Feature: This property boasts a serene mezzanine suite with a private terrace, providing an unexpected tranquility amid the bustling historic centre of Portimão.
The valuation. The asking price of €355,000 is significantly higher than the fair value of €265,264, resulting in an overpriced verdict of €89,736 (33.8%). This indicates that the property does not represent a sound financial investment at the current asking price.
Fair value modelled at €265,264 from 5 comparable sales in the area. Asking €355,000 sits €89,736 (33.8%) above — overpriced versus fair value.
Asking €355,000 versus the rua 16 de Maio area baseline of €220,100 (€3,100/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €220,100, adjusted for condition and micro-location, gives a modelled fair value of €265,264 (€3,736/m²), a €89,736 (33.8%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 16 de Maio | Subject | €355,000 | €5,000 | — | 80 | 68 |
| rua 1 de Novembro, 9 | Active | €349,000 | €3,490 | 30.2% | 80 | 73 |
| Portimão · 65a674 | Active | €349,000 | €4,474 | 10.5% | 75 | 73 |
| rua Vila Lobos, 41 | Active | €269,000 | €3,736 | 25.3% | 80 | 73 |
| rua Vila Lobos, 41 | Active | €269,000 | €3,736 | 25.3% | 74 | 74 |
| Median comp | €309,000 | €3,736 | 25.3% | 78 | 73 |
Short-term vacation rental The property is priced at €355,000 with a fair value of €265,264, reflecting a significant gap of 33.8% that suggests it is overpriced. With a gross yield of only 3.1%, the investment in a short-term vacation rental is unlikely to deliver satisfactory returns given the current market dynamics. Long-term rental At a listing price of €355,000, this property is selling for 33.8% above its fair value of €265,264, indicating it is overpriced. The gross yield of 3.1% does not align with market expectations for long-term rentals, further complicating the investment case. Family rental With a fair value of €265,264 contrasted against a listing price of €355,000, this property is approximately 33.8% overpriced. The gross yield of 3.1% suggests limited income potential for families seeking rental housing in the area, making it a less attractive investment option.
Economic and Tenant Instability Risk: With both economic and tenant stability scores at 65/100, there is a significant risk that fluctuations in local economic conditions could lead to increased vacancies or reduced 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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