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.
4-bedroom, 2-bathroom apartment of 271 m², energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts two generous outdoor areas perfect for leisure activities and additional storage on the kitchen balcony, enhancing both functionality and outdoor living experience.
The valuation. The asking price of €446,000 is significantly below the fair value of €716,775, indicating the property is subvalued by €270,775 (37.8%). This presents a compelling opportunity for investment.
Fair value modelled at €716,775 from 6 comparable sales in the area. Asking €446,000 sits €270,775 (37.8%) below — the upside to fair value.
Asking €446,000 versus the Portimão, Portimão, Faro area baseline of €650,397 (€2,400/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 €650,397, adjusted for condition and micro-location, gives a modelled fair value of €716,775 (€2,645/m²), a €270,775 (37.8%) gap versus the €446,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 6229aa | Subject | €446,000 | €1,646 | — | 72 | 63 |
| rua do Operário, 2B | Active | €248,000 | €2,318 | 40.8% | 53 | 78 |
| Portimão · 652ff9 | Active | €295,000 | €3,105 | 88.7% | 65 | 70 |
| largo de Gil Eanes | Active | €282,000 | €3,065 | 86.2% | 70 | 71 |
| largo de Gil Eanes, 2 | Active | €299,000 | €2,354 | 43.1% | 72 | 73 |
| Median comp | €288,500 | €2,710 | 64.6% | 68 | 72 |
Short-term vacation rental The property, listed at €446,000, shows a compelling potential for short-term vacation rentals given its strategic location in Algarve, attracting significant tourist traffic. With a fair value of €716,775 and a gross yield of 5.9%, this investment is well-positioned to capitalize on seasonal demand, providing strong returns. Long-term rental At a listing price of €446,000, this property could serve as an attractive long-term rental option with a gross yield of 5.9%, despite its seasonal rental market influences. The significant gap from its fair value of €716,775 suggests promising potential for rental income growth over time. Buy-and-hold This property presents an enticing buy-and-hold strategy with its fair value of €716,775 indicating substantial equity growth opportunities despite the current listing of €446,000. Its solid gross yield of 5.9% and favorable location reinforce the potential for steady appreciation and rental income stream.
Economic Vulnerability The property is at risk due to an economic stability score of 50/100, indicating potential fluctuations in the local economy that could impact rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
