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 65 m² on the 4th floor, energy rating D. Located on avenida São João de Deus, 6, Portimão parish, Portimão municipality, Faro district. Proximity to daily amenities: This 4th-floor apartment, located in central Portimão, is steps away from essential services such as the municipal market and pharmacy, ensuring convenient access to everyday needs.
The valuation. The asking price of €150,000 is just below the fair value of €151,843, indicating a competitive market position for the 2-bed apartment. The difference of €1,843 represents a modest 1.2% below fair value.
Fair value modelled at €151,843 from 6 comparable sales in the area. Asking €150,000 sits €1,843 (1.2%) below — the upside to fair value.
Asking €150,000 versus the avenida São João de Deus, 6 area baseline of €158,469 (€2,438/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 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 €158,469, adjusted for condition and micro-location, gives a modelled fair value of €151,843 (€2,336/m²), a €1,843 (1.2%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida São João de Deus, 6 | Subject | €150,000 | €2,308 | — | 58 | 81 |
| Portimão · ade5f8 | Active | €161,000 | €2,300 | 0.3% | — | 69 |
| rua Frederico Gonçalves | Active | €161,000 | €624 | 73.0% | — | 63 |
| rua do Operário, 2B | Active | €248,000 | €2,318 | 0.4% | 53 | 78 |
| largo de Gil Eanes, 2 | Active | €299,000 | €2,354 | 2.0% | 72 | 73 |
| Median comp | €204,500 | €2,309 | 0.1% | 63 | 71 |
Short-term vacation rental Given the high tourist influx in Portimão, this property can generate stable income through short-term rentals, leveraging the attractive 6.7% gross yield. However, the property’s fair valuation indicates it is not an exceptional buy at this price point. Buy-and-hold Investing in this apartment as a long-term hold may yield consistent returns given the area's economic stability and high tenant quality. Nonetheless, with a valuation only slightly above fair market value, future appreciation could be limited. Luxury market This property does not fit into the luxury market, as its current valuation suggests it appeals more to budget-conscious buyers regardless of the desirable location. Its moderate condition rating further indicates it may not attract the higher-end clientele typical of luxury investments.
Economic Sensitivity The property, despite a solid economic stability score of 75, may be vulnerable to downturns in the local economy, highlighting a potential risk should economic conditions deteriorate.
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