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.
4-bedroom, 2-bathroom apartment of 150 m² on the 3rd floor, built in 1988, energy rating D. Located Portimão parish, Portimão municipality, Faro district. This apartment features an independent room perfect for various uses, offering versatility for home offices or creative spaces, enhancing its appeal to families and remote workers.
The valuation. The property is listed at €385,000, which is €7,725 (2.0%) below the fair value of €392,725. Thus, the asking price is consistent with fair market expectations.
Fair value modelled at €392,725 from 6 comparable sales in the area. Asking €385,000 sits €7,725 (2.0%) below — the upside to fair value.
Asking €385,000 versus the Portimão, Portimão, Faro area baseline of €331,522 (€2,210/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 €331,522, adjusted for condition and micro-location, gives a modelled fair value of €392,725 (€2,618/m²), a €7,725 (2.0%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 190801 | Subject | €385,000 | €2,567 | — | 70 | 69 |
| largo de Gil Eanes | Active | €282,000 | €3,065 | 19.4% | 70 | 71 |
| Portimão · f46ab5 | Active | €359,000 | €2,620 | 2.1% | 72 | 70 |
| avenida São João de Deus, 49 | Active | €325,000 | €2,289 | 10.8% | 72 | 70 |
| Portimão · 652ff9 | Active | €295,000 | €3,105 | 21.0% | 65 | 70 |
| Median comp | €310,000 | €2,843 | 10.7% | 71 | 70 |
Short-term vacation rental The property in Portimão, while located in a popular tourist region with established amenities, offers a yield of 4%, which is relatively modest given the listing price of €385,000. This strategy may produce seasonal income fluctuations influenced by the job market, but the 2% gap to fair value indicates it is fairly priced against its potential rental income. Long-term rental With a fair value of €392,725, the property sits at a slight premium while still providing a stable 4% gross yield in a neighborhood rated 69/100. This yield suggests that while steady, the long-term rental market may not justify the current price given the modest condition score of 76/100. Buy-and-hold Investing in this 4-bed apartment for a buy-and-hold strategy may not yield substantial appreciation potential, as indicated by its fair valuation of €392,725 and listing price of €385,000. The 2% gap from fair value combined with a decent neighborhood rating suggests a balanced but unexciting long-term investment in the Portimão market.
Economic Vulnerability The property faces a risk due to a low economic stability score of 60/100, indicating potential fluctuations in market conditions that could affect tenant demand.
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