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, 3-bathroom house of 198 m², built in 1992, energy rating E. Located Portimão parish, Portimão municipality, Faro district. Proximity to educational infrastructures enhances family convenience, with multiple schools within a 14-minute walk, fostering a functional environment for families in Portimão.
The valuation. The asking price of €480,000 is significantly above the fair value of €316,096, representing a premium of €163,904 (51.9%). This suggests a property that is overpriced and may not generate favorable returns for investors.
Fair value modelled at €316,096 from 6 comparable sales in the area. Asking €480,000 sits €163,904 (51.9%) above — overpriced versus fair value.
Asking €480,000 versus the Portimão, Portimão, Faro area baseline of €255,880 (€1,292/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is below the parish average, reducing 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 €255,880, adjusted for condition and micro-location, gives a modelled fair value of €316,096 (€1,596/m²), a €163,904 (51.9%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 19f5e0 | Subject | €480,000 | €2,424 | — | 70 | 70 |
| Portimão · 4a44c3 | Active | €230,000 | €2,130 | 12.2% | — | 67 |
| Portimão · 956a7a | Active | €725,000 | €948 | 60.9% | 74 | 72 |
| Portimão · 956918 | Active | €855,000 | €1,018 | 58.0% | 75 | 72 |
| rua Capitão Teófilo Duarte | Active | €290,000 | €1,676 | 30.9% | 55 | 65 |
| Median comp | €507,500 | €1,347 | 44.4% | 74 | 70 |
Short-term vacation rental The property is priced at €480,000, which is 51.9% above its fair value of €316,096, making it a poor investment for short-term vacation rentals. With a gross yield of only 5.3%, the financial return does not justify the substantial premium over fair value. Buy-and-hold At €480,000, the house is overvalued compared to its fair value estimation of €316,096, indicating potential stagnation in appreciation for long-term investors. The moderate yield of 5.3% further suggests that holding this property would not yield favorable returns in the current market. Family rental Given the price of €480,000, significantly exceeding the fair value of €316,096, this property is not an attractive option for family rentals due to its overpriced nature. The 5.3% yield may not sufficiently cover the costs associated with maintaining a family-oriented home in a tourist-heavy area. Not ideal for: Student housing, Luxury market There is little demand for student housing in the area due to seasonal employment opportunities, and the luxury market does not align with the property’s offering and current pricing.
Economic Vulnerability The economic stability score of 55/100 indicates a moderate risk of downturns that could affect property values and tenant reliability.
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