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 88 m², built in 1980, energy rating C. Located on rua da Hortinha S / N, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment features excellent solar exposure, enhancing energy efficiency and reducing electricity costs, while its central location allows easy access to essential services without the need for a car.
The valuation. The asking price of €320,000 is significantly higher than the fair value of €212,267, indicating an overpricing of €107,733 (50.8%). This pricing discrepancy suggests a lack of attractiveness for savvy investors. Buy-to-flip angle. A resale strategy in the current market would likely involve renovation to enhance appeal, targeting potential buyers during the peak tourist season. However, the current asking price undermines any potential profit margins. Buy-to-let angle. With an estimated gross yield of 4.3%, rental income is projected at approximately €1,147/month. This strategy may be viable for long-term rentals, benefiting from the property's location in a tourist-heavy region.
Fair value modelled at €212,267 from 6 comparable sales in the area. Asking €320,000 sits €107,733 (50.8%) above — overpriced versus fair value.
Asking €320,000 versus the rua da Hortinha S / N area baseline of €176,464 (€2,005/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 €176,464, adjusted for condition and micro-location, gives a modelled fair value of €212,267 (€2,412/m²), a €107,733 (50.8%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Hortinha S / N | Subject | €320,000 | €3,636 | — | 72 | 70 |
| rua do Moleiro, 3 | Active | €287,000 | €2,242 | 38.3% | 65 | 68 |
| rua dos Cravos, 7A | Active | €350,000 | €2,273 | 37.5% | 72 | 73 |
| Portimão · 25f918 | Active | €349,900 | €2,536 | 30.3% | 66 | 79 |
| avenida São João de Deus, 49 | Active | €325,000 | €2,289 | 37.1% | 72 | 70 |
| Median comp | €337,450 | €2,281 | 37.3% | 69 | 72 |
Short-term vacation rental The property is overpriced at €320,000, significantly exceeding its fair value of €212,267, which reduces potential profitability as a short-term rental. Given its location in the Algarve tourist region, the gross yield of 4.3% may not compensate for market dynamics and seasonal occupancy fluctuations. Long-term rental With a listing price that is 50.8% above fair value, this property presents a challenging investment opportunity for long-term rental strategies. The acceptable condition score of 76/100 and moderate neighborhood rating of 70/100 suggest that tenant satisfaction may not be sufficiently high to justify the premium price point. Buy-and-hold Investing in this apartment for a buy-and-hold strategy is not advisable due to its substantial overvaluation, priced at €320,000 against a fair value of €212,267. The relatively low yield of 4.3% further indicates that potential capital appreciation may not meet investor expectations in this segment of the market.
Economic Vulnerability The low economic stability score of 60/100 suggests potential fluctuations in local economic conditions that could impact property value and 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
