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.
4-bedroom, 2-bathroom house of 273 m², built in 1993, energy rating F. Located on rua do Pinheiro, 62, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes generous outdoor spaces with multiple terraces and balconies, enhancing its suitability for family gatherings and outdoor enjoyment in the mild climate of Portimão. Valuation Verdict: FAIR
The valuation. The asking price of €425,000 is significantly below the fair value of €576,635, presenting an attractive opportunity at €151,635 (26.3%) underpriced. This discrepancy signals strong potential for growth in value.
Fair value modelled at €576,635 from 6 comparable sales in the area. Asking €425,000 sits €151,635 (26.3%) below — the upside to fair value.
Asking €425,000 versus the rua do Pinheiro, 62 area baseline of €535,829 (€1,963/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 is below the parish average, reducing 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 €535,829, adjusted for condition and micro-location, gives a modelled fair value of €576,635 (€2,112/m²), a €151,635 (26.3%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Pinheiro, 62 | Subject | €425,000 | €1,557 | — | 65 | 61 |
| Portimão · 4a44c3 | Active | €230,000 | €2,130 | 36.8% | — | 67 |
| Portimão · 19f5e0 | Active | €480,000 | €2,424 | 55.7% | 70 | 70 |
| rua Cidade de Gôa, 1 | Active | €685,000 | €2,095 | 34.6% | 66 | 75 |
| Portimão · 956a7a | Active | €725,000 | €948 | 39.1% | 74 | 72 |
| Median comp | €582,500 | €2,113 | 35.7% | 70 | 71 |
Short-term vacation rental This property, listed at €425,000, presents an attractive opportunity for the short-term vacation rental market, offering a gross yield of 8.4%. Given its location in the Algarve, a region that thrives on tourism, there is potential for substantial income generation, supported by the estimated fair value of €576,635, which indicates a 26.3% upside. Buy-and-hold Investing in this property as a buy-and-hold asset could yield significant long-term appreciation, with its fair value suggesting a potential increase of 26.3%. The current listing price of €425,000 reinforces the strategy's viability, especially considering the demand driven by the region's tourism-centric economy. Family rental While the property offers a compelling investment opportunity, its suitability for family rental is limited due to the average condition score of 63/100 and the neighborhood's 61/100 rating. Nonetheless, with the property priced at €425,000—well below its fair value of €576,635—there could be an opportunity for renovation and value enhancement to attract family tenants in the future.
Economic Vulnerability With an economic stability score of 55/100, the property faces increased risk due to potential market volatility that could affect rental income and demand.
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