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 apartment of 74 m² on the 9th floor, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy features: The property boasts an unobstructed ocean view from a 9th-floor elevation, enhancing both its aesthetic appeal and desirability in the heart of a premier Algarve location.
The valuation. The asking price of €325,000 is positioned €45,000 (12.2%) below the fair value of €370,000, establishing the property as underpriced according to market analysis. This pricing presents a compelling opportunity for potential investors. Buy-to-flip angle. Utilizing a buy-to-flip strategy, this apartment could be renovated to optimize appeal and sold at a higher price, capitalizing on its current underpriced status. Such improvements could yield significant returns in a favorable market. Buy-to-let angle. The rental income strategy for this property involves leveraging its appeal for short-term vacation rentals, generating an estimated gross yield of 3.1% (€840/month), aligning with the continued demand for rentals in the Algarve region.
Fair value modelled at €370,000 from 5 comparable sales in the area. Asking €325,000 sits €45,000 (12.2%) below — the upside to fair value.
Asking €325,000 versus the Portimão, Portimão, Faro area baseline of €336,634 (€4,549/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €336,634, adjusted for condition and micro-location, gives a modelled fair value of €370,000 (€5,000/m²), a €45,000 (12.2%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 86cbb7 | Subject | €325,000 | €4,392 | — | 70 | 70 |
| travessa das Piscinas Municipais, 2 | Active | €490,000 | €10,426 | 137.4% | 72 | 70 |
| Portimão · dc151f | Active | €290,000 | €4,915 | 11.9% | 75 | 72 |
| Portimão · 420269 | Active | €315,000 | €5,000 | 13.8% | 72 | 79 |
| avenida das Comunidades Lusíadas | Active | €395,000 | €5,643 | 28.5% | 76 | 77 |
| Median comp | €355,000 | €5,322 | 21.2% | 74 | 75 |
Short-term vacation rental This 1-bed apartment in Portimão is strategically positioned to leverage the ongoing tourism demand in the Algarve, with a 12.2% gap to fair value indicating a promising investment opportunity. With a gross yield of 3.1% and a condition rating of 73/100, it aligns well with the expected returns of short-term vacation rentals in high-demand areas. Long-term rental While the apartment offers a modest gross yield of 3.1%, the healthy demand for housing in tourist districts like Portimão suggests that long-term rental potential remains viable. The neighbourhood's conducive economic environment paired with a tenant quality rating of 70/100 supports the capacity for consistent rental income. Buy-and-hold Investing in this property as a buy-and-hold strategy makes sense given its subvalued status, with a gap of 12.2% compared to fair value providing a buffer against market fluctuations. The combination of a relatively good condition rating and a thriving tourist market enhances the investment's long-term appreciation prospects.
Economic Instability Risk The economic stability score of 60/100 indicates potential volatility in the local market, which may affect rental income stability.
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