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 206 m², built in 2008, energy rating B. Located Portimão parish, Portimão municipality, Faro district. This property features a private rooftop terrace of 116m², perfect for outdoor entertaining, along with large balconies totaling 48m² adjoining the living spaces.
The valuation. The asking price of €420,000 is significantly below the fair value of €537,109, revealing a discount of €117,109 (21.8%). This positioning indicates an attractive opportunity for potential investors looking to capture value in Portimão.
Fair value modelled at €537,109 from 6 comparable sales in the area. Asking €420,000 sits €117,109 (21.8%) below — the upside to fair value.
Asking €420,000 versus the Portimão, Portimão, Faro area baseline of €412,633 (€2,003/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €412,633, adjusted for condition and micro-location, gives a modelled fair value of €537,109 (€2,607/m²), a €117,109 (21.8%) gap versus the €420,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 6228cd | Subject | €420,000 | €2,039 | — | 75 | 68 |
| Portimão · 1f3429 | Active | €565,000 | €3,038 | 49.0% | 73 | 77 |
| Portimão · fb292b | Active | €560,000 | €2,605 | 27.8% | 78 | 71 |
| Portimão · fb2935 | Active | €522,000 | €2,610 | 28.0% | 80 | 76 |
| rua das Traineiras | Active | €315,000 | €3,000 | 47.1% | 78 | 73 |
| Median comp | €541,000 | €2,805 | 37.6% | 78 | 75 |
Short-term vacation rental The property's proximity to the Algarve coast positions it well for short-term vacation rentals, which are in high demand in this tourist hotspot. With a fair value of €537,109, the current listing of €420,000 indicates a substantial opportunity, resulting in a competitive gross yield of 4.7%. Buy-and-hold Given the solid fundamentals in the Portimão area, including a 68/100 neighbourhood rating and strong employment in the hospitality sector, this property presents an attractive buy-and-hold strategy. The substantial gap to fair value signals potential for long-term appreciation as the market continues to thrive. Family rental This 3-bed apartment, ranking 80/100 in condition and located in a family-friendly environment, is well-suited for family rental prospects. The fair value assessment highlights an underpriced opportunity, allowing for a stable rental income and potential growth in property value over time.
Tenant turnover risk The low tenant stability score of 50/100 indicates a potential for high turnover rates, which could lead to increased vacancy periods 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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