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, 2-bathroom apartment of 80 m², energy rating E. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This property includes a sunroom that can enhance natural light and offers the possibility for a delightful indoor garden, creating a welcoming atmosphere. Investment Potential: Located just 500 meters from the riverside, it is positioned for attractive rental or resale opportunities.
The valuation. The asking price of €275,000 is significantly above the fair value of €216,121, indicating it is overpriced by €58,879 (27.2%). This situation complicates the investment's immediate appeal as a value opportunity.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 622862 | Subject | €275,000 | €3,438 | — | — | 73 |
| rua Cidade de Gôa | Active | €315,000 | €2,716 | 21.0% | 53 | 70 |
| Portimão · 6ebb31 | Active | €258,000 | €2,688 | 21.8% | 60 | 69 |
| estrada de Alvor | Active | €265,000 | €1,893 | 44.9% | — | 71 |
| avenida Tomás Cabreira S / N | Active | €535,000 | €4,023 | 17.0% | 52 | 71 |
| Median comp | €290,000 | €2,702 | 21.4% | 53 | 71 |
Short-term vacation rental This apartment is priced at €275,000, which is significantly above its fair value of €216,121, indicating a 27.2% premium that compromises potential returns. Despite being in a key tourist region, the excessive price affects the yield, currently at a gross 4.7%, making it a less attractive short-term rental investment. Buy-and-hold Buying this property at €275,000 does not offer a sound investment due to its evident overpricing when considering the fair value of €216,121. Holding an asset that yields only 4.7% gross in a market known for seasonal employment could lead to financial instability and limited appreciation over time. Long-term rental The long-term rental strategy is undermined by the property's asking price of €275,000, well above the fair value, resulting in a 27.2% gap that diminishes potential profitability. Furthermore, with a condition rating of 0/100 and a neighborhood score of 73/100, the rental appeal may be hampered, making this investment risky in a transient job market.
Economic Vulnerability The economic stability score of 65/100 suggests that the area may face fluctuations that could impact rental income and property value negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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