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 104 m² on the 9th floor, built in 1985, energy rating E. Located on rua Professor Doutor Montalvão Marques, 1, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment features a spacious top-floor balcony that offers scenic views of Portimão, ideal for relaxing and enjoying the vibrant city atmosphere. Condition Notes: While the kitchen leans towards traditional design, its functionality remains intact, offering a canvas for potential modern updates.
The valuation. The asking price of €285,000 sits below fair value by €35,344 (11.0%), indicating the property is underpriced. This presents a strong opportunity for potential investors looking to capitalize on the differential.
Fair value modelled at €320,344 from 6 comparable sales in the area. Asking €285,000 sits €35,344 (11.0%) below — the upside to fair value.
Asking €285,000 versus the rua Professor Doutor Montalvão Marques, 1 area baseline of €312,586 (€3,006/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €312,586, adjusted for condition and micro-location, gives a modelled fair value of €320,344 (€3,080/m²), a €35,344 (11.0%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Professor Doutor Montalvão Marques, 1 | Subject | €285,000 | €2,740 | — | 58 | 73 |
| Portimão · 1f35cf | Active | €290,000 | €3,867 | 41.1% | 65 | 73 |
| Portimão · 6227b5 | Active | €260,000 | €3,095 | 12.9% | 72 | 70 |
| largo de Gil Eanes | Active | €282,000 | €3,065 | 11.9% | 70 | 71 |
| rua Dom José I, 73C | Active | €250,000 | €2,604 | 5.0% | 70 | 71 |
| Median comp | €271,000 | €3,080 | 12.4% | 70 | 71 |
Short-term vacation rental The 2-bed apartment in Portimão presents an opportunity for short-term vacation rental given its fair value of €320,344, indicating a 11.0% gap from the listing price. With a gross yield of 4.3% and proximity to coastal amenities, this property aligns well with the thriving tourism market in the Algarve region. Buy-and-hold Investing in this apartment for a buy-and-hold strategy appears favorable, as the current listing price is significantly below its fair value, suggesting potential appreciation over time. The 4.3% gross yield, coupled with the neighbourhood rating of 73/100, indicates a solid investment in a desirable location. Family rental Utilizing the property as a family rental can capitalize on the robust demand for residential properties in Portimão, especially with a fair value well above the current listing price. The neighbourhood's score of 73/100 and proximity to amenities make it an attractive choice for families seeking longer-term accommodations.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in the local market that could impact property value.
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