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, 3-bathroom duplex of 124 m², built in 2027, energy rating A. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The duplex features a rooftop with a panoramic pool and landscaped common areas, enhancing leisure and social opportunities in a sustainable environment.
The valuation. The asking price of €662,000 is significantly higher than the fair value of €472,659, representing an overpricing of €189,341 (40.1%). This suggests that potential buyers should be cautious when considering this investment.
Fair value modelled at €472,659 from 6 comparable sales in the area. Asking €662,000 sits €189,341 (40.1%) above — overpriced versus fair value.
Asking €662,000 versus the Portimão, Portimão, Faro area baseline of €380,120 (€3,065/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €380,120, adjusted for condition and micro-location, gives a modelled fair value of €472,659 (€3,812/m²), a €189,341 (40.1%) gap versus the €662,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 3d9848 | Subject | €662,000 | €5,339 | — | 84 | 70 |
| rua das Figueiras, 276 | Active | €430,000 | €3,945 | 26.1% | 80 | 72 |
| Estômbar e Parchal · 262077 | Active | €325,000 | €2,559 | 52.1% | 85 | 78 |
| rua da Vila Rosa S / N | Active | €647,000 | €5,882 | 10.2% | 80 | 74 |
| Portimão · 6a946f | Active | €622,000 | €4,411 | 17.4% | 88 | 73 |
| Median comp | €526,000 | €4,178 | 21.7% | 83 | 74 |
Short-term vacation rental Despite its prime location in Algarve, this property is overpriced by 40.1% compared to its fair value, limiting its attractiveness for short-term vacation rentals. With a low gross yield of 2.5%, this investment may not cover the initial high purchase price in a competitive rental market. Long-term rental At an asking price of €662,000, this property falls short under the long-term rental strategy due to a significant overvaluation and inadequate yield of 2.5%. The neighbourhood's appeal and decent condition ratings are overshadowed by the fact that it is priced 40.1% above fair value. Buy-and-hold This 2-bed duplex presents challenges for a buy-and-hold strategy as it is currently overpriced, with a fair value of €472,659 indicating a substantial gap of 40.1%. The low gross yield of 2.5% raises concerns about long-term capital appreciation in an inflated market.
Economic Vulnerability The economic stability score of 70/100 indicates potential fluctuations in local economic conditions, which could affect rental income and property value. Tenant Turnover A tenant stability score of 75/100 suggests a relatively stable tenant base, but there remains a risk of turnover that could impact cash flow dynamics.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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