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 51 m² on the 6th floor, built in 1994, energy rating D. Located on avenida da Praia da Rocha, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts a spacious open-plan living area enhanced by modern design elements and a pleasant balcony ideal for leisure moments. Location Benefits: Situated just 500 meters from the vibrant Avenida da Praia da Rocha, providing easy access to restaurants, cafés, and the sandy beach.
The valuation. The asking price of €260,000 is €22,212 (9.3%) above the fair value of €237,788. This property is priced fairly within the market context, reflecting the quality of its materials and finishes.
Fair value modelled at €237,788 from 6 comparable sales in the area. Asking €260,000 sits €22,212 (9.3%) above — overpriced versus fair value.
Asking €260,000 versus the avenida da Praia da Rocha area baseline of €207,299 (€4,065/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 €207,299, adjusted for condition and micro-location, gives a modelled fair value of €237,788 (€4,663/m²), a €22,212 (9.3%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da Praia da Rocha | Subject | €260,000 | €5,098 | — | 76 | 64 |
| Portimão · b7bf94 | Active | €250,000 | €4,902 | 3.8% | 80 | 73 |
| rua Rainha Dona Leonor, 141 | Active | €340,000 | €7,234 | 41.9% | 85 | 74 |
| travessa das Piscinas Municipais, 2 | Active | €490,000 | €10,426 | 104.5% | 72 | 70 |
| Portimão · 1f3564 | Active | €230,000 | €4,423 | 13.2% | 70 | 74 |
| Median comp | €295,000 | €6,068 | 19.0% | 76 | 74 |
Short-term vacation rental The property presents an appealing opportunity for short-term vacation rentals given its proximity to Algarve tourist attractions, a major driver of housing demand. However, with a gross yield of 3.7%, the investment potential is moderate, indicating that the property is fairly valued rather than an exceptional opportunity. Buy-and-hold Investing in this one-bedroom apartment for a buy-and-hold strategy could yield steady rental income given its location within a tourism-driven market. Although the 9.3% gap from fair value suggests it is fairly priced, long-term appreciation may remain limited due to the seasonal nature of employment in the area. Value-add renovation The apartment’s condition score of 78/100 indicates room for improvement, which could enhance its overall appeal and rental income capacity. While it is fairly valued at €260,000, any renovation efforts should be assessed carefully against potential returns, considering the existing rental yield of 3.7% and local market dynamics.
Economic and Tenant Instability The property faces potential income fluctuations due to its economic stability score of 60/100 and tenant stability score of 55/100, indicating a higher risk of vacancies and financial insecurity.
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