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 55 m² on the 13th floor, energy rating B. Located on avenida das Comunidades Lusíadas, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a prime high-floor location with uninterrupted sea views and direct access to the vibrant amenities of Praia da Rocha, enhancing both lifestyle and investment appeal.
The valuation. The asking price of €435,000 is significantly above its fair value of €311,118, by €123,882 (39.8%). This property is overpriced, suggesting a lack of value for potential investors seeking a sound investment. Buy-to-flip angle. A resale or wholesale strategy could target tourists seeking high-quality stays in Portimão, capitalizing on its desirable location. However, the current asking price limits the potential for worthwhile profit margins. Buy-to-let angle. A buy-to-let strategy could generate a gross monthly rental income of approximately €870, yielding an estimated 2.4%. Given the neighborhood's mixed rating, attracting long-term tenants may pose challenges in maximizing returns.
Fair value modelled at €311,118 from 6 comparable sales in the area. Asking €435,000 sits €123,882 (39.8%) above — overpriced versus fair value.
Asking €435,000 versus the avenida das Comunidades Lusíadas area baseline of €273,051 (€4,965/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €273,051, adjusted for condition and micro-location, gives a modelled fair value of €311,118 (€5,657/m²), a €123,882 (39.8%) gap versus the €435,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida das Comunidades Lusíadas | Subject | €435,000 | €7,909 | — | 80 | 73 |
| rua do Miradouro, 5 | Active | €349,000 | €7,426 | 6.1% | 80 | 70 |
| Portimão · 622933 | Active | €390,000 | €5,132 | 35.1% | — | 83 |
| rua Dom Carlos I, 53 | Active | €620,000 | €11,273 | 42.5% | 80 | 75 |
| rua Dom Carlos I, 5 | Active | €340,000 | €6,182 | 21.8% | 84 | 71 |
| Median comp | €369,500 | €6,804 | 14.0% | 80 | 73 |
Short-term vacation rental The property is priced at €435,000, which is 39.8% above its fair value of €311,118, making it an unattractive option for short-term vacation rentals. With a gross yield of only 2.4%, the financial return does not align with the expectations typically associated with such investments. Buy-and-hold At €435,000, this apartment significantly exceeds its fair value by 39.8%, suggesting limited potential for capital appreciation in the buy-and-hold strategy. The rental yield of 2.4% also indicates that future investors may not realize strong returns over time, given the high entry price. Family rental The property’s value of €435,000 is not justifiable considering it is priced 39.8% above the fair value of €311,118, making it less appealing for families looking for rental investment. Additionally, the low yield of 2.4% diminishes its attractiveness in fulfilling the financial aspirations of long-term family rental strategies.
Economic Vulnerability The property has a moderate economic stability score of 60/100, indicating potential susceptibility to market fluctuations that may impact rental income.
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