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, 2-bathroom apartment of 100 m² on the 3rd floor, built in 2008, energy rating B. Located on avenida das Comunidades Lusíadas, Portimão parish, Portimão municipality, Faro district. Unique Advantage: This apartment is part of a complete tourist condominium, providing exclusive access to amenities like indoor/outdoor pools, a tennis court, and direct beach access, enhancing both lifestyle and investment opportunity.
The valuation. The asking price of €475,000 is below the fair value of €515,429, making it a competitive option within the market. This represents a slight discount of €40,429 (7.8%). Buy-to-flip angle. A buy-to-flip strategy may focus on minor renovations to enhance aesthetic appeal, aiming for a resale price that could leverage the current market demand for upgrades in Portimão. Buy-to-let angle. The estimated rental income of €1,346 per month offers a gross yield of 3.4%, presenting a stable investment opportunity in the growing tourism sector of Algarve, especially for short-term vacation rentals.
Fair value modelled at €515,429 from 6 comparable sales in the area. Asking €475,000 sits €40,429 (7.8%) below — the upside to fair value.
Asking €475,000 versus the avenida das Comunidades Lusíadas area baseline of €458,742 (€4,587/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €458,742, adjusted for condition and micro-location, gives a modelled fair value of €515,429 (€5,154/m²), a €40,429 (7.8%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida das Comunidades Lusíadas | Subject | €475,000 | €4,750 | — | 75 | 72 |
| Portimão · 090095 | Active | €495,000 | €3,536 | 25.6% | 75 | 75 |
| rua da Vila Rosa S / N | Active | €647,000 | €5,882 | 23.8% | 80 | 74 |
| rua Doutor Coelho de Carvalho S / N | Active | €585,000 | €5,177 | 9.0% | 85 | 68 |
| Portimão · 622933 | Active | €390,000 | €5,132 | 8.0% | — | 83 |
| Median comp | €540,000 | €5,155 | 8.5% | 80 | 75 |
Short-term vacation rental The property, while fairly priced, offers a gross yield of 3.4%, which aligns well with the tourist-driven economy in the Algarve region. Given the moderate access to amenities, potential guests would benefit from having a car for an optimal experience. Buy-and-hold With a fair market valuation of €515,429 and a moderate gross yield of 3.4%, this property presents a stable long-term investment opportunity. The 77/100 condition rating indicates that while the apartment is in good shape, careful management may be required to maintain its value and appeal. Family rental Given its pricing at €475,000, this property is fairly situated in a neighborhood rated 72/100, which is conducive for family rentals. The moderate yield suggests that while it can generate steady income, families may prefer locations offering better accessibility to schools and parks. Not ideal for student housing Although the property is exactly priced at market value, the surrounding area's amenities and access may not meet the demands of student renters seeking convenience. The overall condition and neighborhood quality might detract from its attractiveness to this demographic. Not ideal for luxury market At a fair price of €475,000, the apartment does not fit the luxury market, especially considering its condition score of 77/100. Investors targeting the high-end segment may find better opportunities in properties that offer a higher prestige and appeal within more exclusive locales.
Economic Fluctuation Risk The economic stability score of 65 indicates a moderate risk of economic downturns that could impact tenant affordability and retention.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
