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.
2-bedroom, 1-bathroom apartment of 82 m², built in 1991, energy rating C. Located on rua Luiz Cabeça Dutra, 106, Portimão parish, Portimão municipality, Faro district. Noteworthy Feature: The apartment is located in Edifício Colunas, a prestigious building in Praia da Rocha, known for its striking architectural design and premium coastal positioning.
The valuation. The asking price of €330,000 is slightly above the fair value of €314,846, representing a premium of €15,154 (4.8%). Overall, the property can be considered fairly valued in today's market.
Fair value modelled at €314,846 from 6 comparable sales in the area. Asking €330,000 sits €15,154 (4.8%) above — overpriced versus fair value.
Asking €330,000 versus the rua Luiz Cabeça Dutra, 106 area baseline of €264,593 (€3,227/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €264,593, adjusted for condition and micro-location, gives a modelled fair value of €314,846 (€3,840/m²), a €15,154 (4.8%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luiz Cabeça Dutra, 106 | Subject | €330,000 | €4,024 | — | 72 | 75 |
| Portimão · 49b7ed | Active | €310,000 | €4,493 | 11.6% | 80 | 68 |
| rua Horta do Palácio | Active | €305,000 | €3,813 | 5.3% | 75 | 70 |
| rua da Previdência, 53 | Active | €290,000 | €3,867 | 3.9% | 72 | 73 |
| Portimão · f35fee | Active | €259,500 | €3,327 | 17.3% | 72 | 76 |
| Median comp | €297,500 | €3,840 | 4.6% | 74 | 72 |
Short-term vacation rental The property is positioned in a high-demand tourism area in the Algarve, which supports its potential as a vacation rental despite its fair pricing. With a gross yield of 4.5%, it aligns competently with market expectations for short-term rentals but may not generate extraordinary returns given its close proximity to the fair value. Buy-and-hold As a buy-and-hold investment, this apartment offers a stable income potential with a gross yield of 4.5%, aligning with typical returns for the region. However, its price at €330,000 prompts a prudent consideration of future appreciation, as it is valued fairly relative to the market. Family rental While the 2-bed apartment in Portimão could serve as a viable family rental, its fair valuation suggests that any immediate financial upside may be limited. The neighborhood scores reasonably well at 75/100, but investors should be cautious about potential overexposure to fair market pricing without notable advantages. Not ideal for: Student housing Due to the suitability of the location for family and vacation rentals, coupled with the fair pricing, this property may struggle to attract students looking for affordable living options. The market conditions and location characteristics indicate a stronger demand from families and tourists than from the student demographic.
Economic Vulnerability The economic stability score of 70 indicates a moderate risk of economic downturns impacting tenant demand or rental income.
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
