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 studio of 76 m², energy rating B. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The Elite Resort includes a heated pool that operates year-round, a comprehensive SPA with a sauna and Turkish bath, and high-quality home automation systems throughout the apartments.
The valuation. The asking price of €390,000 sits €32,409 (7.7%) below the fair value of €422,409, making this property fair in terms of valuation.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 622933 | Subject | €390,000 | €5,132 | — | — | 83 |
| rua do Miradouro, 5 | Active | €349,000 | €7,426 | 44.7% | 80 | 70 |
| rua das Amendoeiras | Active | €295,000 | €2,757 | 46.3% | 70 | 71 |
| Portimão · dee59b | Active | €375,000 | €4,934 | 3.8% | 70 | 75 |
| rua Dom Carlos I, 53 | Active | €620,000 | €11,273 | 119.7% | 80 | 75 |
| Median comp | €362,000 | €6,180 | 20.4% | 75 | 73 |
Short-term vacation rental The property in Portimão can attract tourists seeking a central Algarve experience, supported by a strong tourism influence and high neighborhood rating of 83. However, with a gross yield of 3.9%, the investment reflects fair value rather than an attractive opportunity. Long-term rental The demand for long-term rentals in this area is likely influenced by the mix of local and international residents, promising consistent occupancy. Nonetheless, given the current fair valuation of €390,000, potential returns may be limited and do not indicate a significant value advantage. Buy-and-hold Acquiring this property with plans for long-term appreciation may be prudent given the stable neighborhood conditions, but it does come at a fair market price. The gap of 7.7% from fair value suggests that while the asset will retain its worth, it may not produce the capital growth expected in a highly competitive market.
Economic Vulnerability The economic stability score of 75/100 indicates a moderate risk of downturns that could impact 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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