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 68 m² on the 7th floor, built in 1993, energy rating D. Located on rua das Conchas S / N, Portimão parish, Portimão municipality, Faro district. This property features direct access to a prestigious gated community with quality infrastructure, including multiple pools and recreational facilities, enhancing both leisure and lifestyle options.
The valuation. The asking price of €255,000 sits below the fair value of €277,418, indicating a difference of €22,418 or 8.1%. This property is fairly priced in a competitive market. Buy-to-flip angle. The buy-to-flip strategy involves renovation to enhance appeal, potentially increasing resale value above the current €255,000 asking price to capitalize on market demand. Buy-to-let angle. The projected rental income of €935/month yields a gross yield of 4.4%, making it an attractive buy-and-hold option in a tourist-heavy location with strong seasonal rental demand.
Fair value modelled at €277,418 from 6 comparable sales in the area. Asking €255,000 sits €22,418 (8.1%) below — the upside to fair value.
Asking €255,000 versus the rua das Conchas S / N area baseline of €257,242 (€3,783/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €257,242, adjusted for condition and micro-location, gives a modelled fair value of €277,418 (€4,080/m²), a €22,418 (8.1%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Conchas S / N | Subject | €255,000 | €3,750 | — | 70 | 75 |
| Portimão · 1f35cf | Active | €290,000 | €3,867 | 3.1% | 65 | 73 |
| Portimão · 1f36c2 | Active | €265,000 | €3,897 | 3.9% | 72 | 66 |
| avenida das Comunidades Lusíadas | Active | €224,000 | €4,766 | 27.1% | — | 71 |
| Portimão · ba39cf | Active | €280,000 | €3,944 | 5.2% | 70 | 69 |
| Median comp | €272,500 | €3,921 | 4.5% | 70 | 70 |
Short-term vacation rental This apartment, located in a tourist area with strong seasonal rental demand, may provide decent gross yield potential of 4.4% despite its fair valuation. The proximity to the Algarve coast enhances its attractiveness for short-term rentals; however, the gap between listing and fair value suggests careful consideration before investing. Buy-and-hold While the property holds a fair value ranking, investors should be cautious given its listing price is only 8.1% lower than the assessed fair value. The solid condition of the apartment and favorable neighborhood ratings may provide stability, though the fair pricing indicates limited upside for long-term appreciation. Family rental This property’s characteristics appear suitable for family rentals, but it sits at a fair price point relative to its fair value assessment. The neighborhood's good amenities score could help attract tenants, yet potential investors should factor in that the investment does not offer a significant advantage in terms of pricing.
Economic Vulnerability The economic stability score of 65/100 suggests a potential risk of economic downturn affecting rental income and property value.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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