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 96 m² on the 7th floor, built in 1988, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts stunning panoramic views from all room balconies, enhancing natural light and providing an airy atmosphere throughout the living space.
The valuation. The asking price of €315,000 is €20,000 below fair value, representing a 6.0% discount. This positions the property reasonably within the market, as it is aligned with the fair valuation. Buy-to-flip angle. A buy-to-flip strategy could yield a potential profit by renovating and reselling the apartment, targeting an improved market price closer to fair value of €335,000. Quick renovations can attract buyers in the vibrant Algarve market. Buy-to-let angle. The property presents a robust buy-to-let strategy, with an estimated gross yield of 4%, translating to monthly rental income of approximately €1,050. High tourist activity enhances its appeal for short-term vacation rentals, providing steady occupancy rates.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 834250 | Subject | €315,000 | €3,281 | — | — | 66 |
| Portimão · d05a4f | Active | €170,000 | €3,542 | 7.9% | 35 | 67 |
| Portimão · 622862 | Active | €275,000 | €3,438 | 4.8% | — | 73 |
| rua Dom Carlos I, 102 | Active | €345,000 | €3,416 | 4.1% | 50 | 72 |
| Portimão · 4d466f | Active | €235,000 | €2,670 | 18.6% | 45 | 73 |
| Median comp | €255,000 | €3,427 | 4.4% | 45 | 73 |
Short-term vacation rental This property in Portimão offers a stable yield of 4% gross, making it a reasonable option for investors targeting the high tourist activity of the Algarve coast. However, with a fair valuation close to the listing price, its potential for significant short-term rental income may be limited. Buy-and-hold Given the property's fair market value of €335,000 and its location in a neighborhood rated 66/100, it shows promise for steady appreciation over time, though the current market conditions suggest it’s fairly priced rather than an outright bargain. Investors may experience modest returns through price appreciation and rental income, but it's essential to remain cautious about long-term market fluctuations. Family rental As a family rental investment, this apartment stands in a neighborhood that reflects a good mix of amenities and tenant quality, supporting suitable occupancy rates for long-term leases. However, with a valuation deemed fair, the yield of 4% does not offer enough margin for aggressive family-focused investment strategies. Not ideal for: The conditions of the property, rated 0/100, indicate significant need for renovation, rendering it unsuitable for high-end luxury market expectations. Moreover, the property does not align with the demands of student housing, likely due to its size and configuration relative to potential student markets.
Economic volatility risk With an economic stability score of 55/100, there may be a higher likelihood of fluctuations in property values and rental income. Tenant turnover risk A tenant stability score of 60/100 suggests potential challenges in maintaining consistent occupancy rates, leading to possible interruptions in cash flow.
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