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 40 m² on the 4th floor, built in 1987, energy rating C. Located on avenida Tomás Cabreira, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment's prime location near Praia da Rocha provides easy access to vibrant local culture, dining, and outdoor activities, enhancing the living experience beyond its physical attributes.
The valuation. The asking price of €290,000 is significantly above the fair value of €186,725, presenting a difference of €103,275, or 55.3%. Based on this analysis, the property is overpriced.
Fair value modelled at €186,725 from 6 comparable sales in the area. Asking €290,000 sits €103,275 (55.3%) above — overpriced versus fair value.
Asking €290,000 versus the avenida Tomás Cabreira area baseline of €166,366 (€4,159/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €166,366, adjusted for condition and micro-location, gives a modelled fair value of €186,725 (€4,668/m²), a €103,275 (55.3%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Tomás Cabreira | Subject | €290,000 | €7,250 | — | 70 | 71 |
| rua do Oceano Índico | Active | €267,000 | €2,840 | 60.8% | 70 | 72 |
| rua das Anforas | Active | €269,000 | €4,483 | 38.2% | 75 | 71 |
| Portimão · 8ee96e | Active | €330,000 | €4,853 | 33.1% | — | 72 |
| Portimão · 82c682 | Active | €229,000 | €4,978 | 31.3% | 75 | 74 |
| Median comp | €268,000 | €4,668 | 35.6% | 75 | 72 |
Short-term vacation rental The property is overpriced at €290,000, significantly exceeding the fair value of €186,725, representing a 55.3% gap. With a gross yield of only 3.4%, the investment is unlikely to deliver satisfactory returns in the competitive short-term rental market of Portimão. Buy-and-hold Acquiring this 1-bed apartment as a buy-and-hold investment is not advisable due to its considerable overvaluation at €290,000 compared to the fair value of €186,725, indicating a 55.3% discrepancy. The current yield of 3.4% suggests that the property will not generate sufficient income to justify its price over the long term. Family rental Investing in this property for family rental purposes is not recommended as it is priced at €290,000, which is 55.3% higher than the fair value of €186,725. The relatively low yield of 3.4% paired with the overpricing limits its attractiveness for long-term family tenants, who may seek more value for their living expenses.
Economic Vulnerability The economic stability score of 65 indicates a moderate risk that local economic downturns may affect rental demand and property values.
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