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 48 m², built in 1994, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: Located in the heart of Praia da Rocha, this apartment benefits from proximity to the beach and vibrant nightlife, enhancing its appeal for both living and investment.
The valuation. The asking price of €230,000 is slightly below the fair value of €235,294, coming in at €5,294 (2.2%) under value, which indicates a position of fairness in terms of pricing. Buy-to-flip angle. A buy-to-flip strategy could yield quick returns by capitalizing on the seasonal demand for vacation rentals in the Algarve, although any major renovations should be carefully budgeted. Buy-to-let angle. The estimated gross yield of 4.3% from monthly rents around €824 suggests a stable rental income, appealing for long-term buy-and-hold strategies amid the area's tourism stronghold.
Fair value modelled at €235,294 from 6 comparable sales in the area. Asking €230,000 sits €5,294 (2.2%) below — the upside to fair value.
Asking €230,000 versus the Portimão, Portimão, Faro area baseline of €210,737 (€4,390/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 €210,737, adjusted for condition and micro-location, gives a modelled fair value of €235,294 (€4,902/m²), a €5,294 (2.2%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 3d97e4 | Subject | €230,000 | €4,792 | — | 72 | 74 |
| Portimão · 1f3564 | Active | €230,000 | €4,423 | 7.7% | 70 | 74 |
| rua de São Tomé e Príncipe | Active | €217,500 | €5,438 | 13.5% | 80 | 70 |
| Portimão · 1e638b | Active | €211,720 | €5,293 | 10.5% | 75 | 72 |
| avenida das Comunidades Lusíadas | Active | €250,000 | €4,902 | 2.3% | 74 | 70 |
| Median comp | €223,750 | €5,098 | 6.4% | 75 | 71 |
Short-term vacation rental The property in Portimão offers a gross yield of 4.3%, which aligns well with the area's strong tourism infrastructure. Given the fair value of €235,294 and a listing price of €230,000, the investment remains viable for short-term vacation rentals. Buy-and-hold With a fair valuation close to the listing price, the one-bedroom apartment is positioned for stable long-term rental income. Its good condition rating of 76/100 supports the potential for maintenance ease and tenant satisfaction. Family rental This apartment's proximity to amenities and safe neighborhood make it suitable for family rentals, despite its fair valuation. However, the yield of 4.3% indicates that while it can generate consistent income, the growth potential might be limited given current market dynamics.
Economic Vulnerability With an economic stability score of 65/100, there is a notable risk tied to potential fluctuations in the local economy that could affect rental income or property values.
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