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 duplex of 96 m², energy rating E. Located on rua Dom José I, 73C, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The duplex offers unique potential for expansion, allowing conversion to a 2-bedroom layout while being part of a condominium that features communal pools and sports fields.
The valuation. The asking price of €250,000 sits €18,669 (6.9%) below the fair value of €268,669, indicating that the property is fairly priced in the current market. This presents a reasonable opportunity for potential investors. Buy-to-flip angle. With strategic renovations and enhancements in mind, the resale or wholesale strategy focuses on improving the duplex's appeal before targeting a rapid sale for profit. The high-quality finishes may attract buyers seeking a turn-key investment. Buy-to-let angle. A rental income strategy is viable, targeting short-term vacation rentals given the estimated gross yield of 3.9%, or approximately €812 per month. The prime location in The Algarve ensures consistent tourist influx, boosting rental demand.
Fair value modelled at €268,669 from 6 comparable sales in the area. Asking €250,000 sits €18,669 (6.9%) below — the upside to fair value.
Asking €250,000 versus the rua Dom José I, 73C area baseline of €223,522 (€2,328/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €223,522, adjusted for condition and micro-location, gives a modelled fair value of €268,669 (€2,799/m²), a €18,669 (6.9%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom José I, 73C | Subject | €250,000 | €2,604 | — | 70 | 71 |
| Portimão · bf2a71 | Active | €135,000 | €2,250 | 13.6% | 76 | 70 |
| rua do Oceano Índico, 1 | Active | €305,000 | €3,631 | 39.4% | 80 | 70 |
| Portimão · b329a4 | Active | €399,000 | €2,463 | 5.4% | 73 | 69 |
| Portimão · 1f36c2 | Active | €265,000 | €3,897 | 49.6% | 72 | 66 |
| Median comp | €285,000 | €3,047 | 17.0% | 75 | 70 |
Short-term vacation rental The 1-bed duplex in Portimão offers a gross yield of 3.9%, making it a reasonable option for short-term vacation rental given the steady tourism influx in the Algarve. However, with a fair value at €268,669 and a listing price of €250,000, the property is priced fairly in a competitive market. Buy-and-hold Investing in this property as a buy-and-hold strategy may yield moderate returns, as it is situated in a desirable area for long-term rental growth, even though the gross yield is less than ideal. It maintains its fair valuation status, indicating stability but potential for limited future appreciation at the current price of €250,000. Family rental This duplex appeals to families seeking rental options in the Algarve, benefiting from a decent condition score of 75/100 and a favourable neighborhood rating of 71/100. Although it is priced fairly at €250,000 compared to the €268,669 fair value, the rental yield of 3.9% suggests that the returns may not meet all investors' expectations for family housing in the region.
Tenant turnover risk The tenant stability score of 70 suggests potential challenges with tenant retention, which might lead to elevated vacancy rates 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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