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 80 m², energy rating A+. Located Portimão parish, Portimão municipality, Faro district. Stunning sea views from the balcony provide a perfect backdrop for relaxation and entertainment, while the quality appliances enhance the modern living experience.
The valuation. The asking price of €395,000 is significantly above the fair value of €279,149, representing an excess of €115,851 (41.5%). This property is overpriced in relation to its true market value.
Fair value modelled at €279,149 from 6 comparable sales in the area. Asking €395,000 sits €115,851 (41.5%) above — overpriced versus fair value.
Asking €395,000 versus the Portimão, Portimão, Faro area baseline of €233,620 (€2,920/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €233,620, adjusted for condition and micro-location, gives a modelled fair value of €279,149 (€3,489/m²), a €115,851 (41.5%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · a8edf2 | Subject | €395,000 | €4,938 | — | 82 | 81 |
| rua Nossa Senhora do Amparo, 5 | Active | €250,000 | €3,205 | 35.1% | 72 | 71 |
| Portimão · dc150a | Active | €675,000 | €5,153 | 4.4% | 76 | 76 |
| Estômbar e Parchal · 38a075 | Active | €380,000 | €3,140 | 36.4% | — | 65 |
| praceta da Borralha | Active | €335,000 | €2,638 | 46.6% | 68 | 73 |
| Median comp | €357,500 | €3,173 | 35.7% | 72 | 72 |
Short-term vacation rental The property, listed at €395,000, significantly exceeds the fair market value of €279,149, reflecting a 41.5% premium that diminishes its potential as a short-term vacation rental. While the neighborhood's appeal to tourists supports demand, the 3% gross yield and overpricing hinder profitability in this segment. Long-term rental With an asking price placing the property at a marked 41.5% over fair value, it becomes less attractive for long-term rental strategies given the yield of only 3%. Although the neighborhood scores 81/100 for livability, the overpriced nature of the apartment could limit reliable rental income. Buy-and-hold As a buy-and-hold investment, the apartment's valuation at €395,000, 41.5% above the fair value, suggests a less favorable outlook for capital appreciation over time. The combination of a modest yield and high acquisition price implies the potential for limited returns in this strategy. Not ideal for: Student housing The property's pricing and condition do not align with the requirements for student housing investments, making it an unsuitable option in this setting.
Economic Vulnerability The property may face economic downturn risks due to a relatively moderate economic stability score of 75/100, potentially impacting tenant retention and rental income.
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