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.
3-bedroom, 2-bathroom apartment of 270 m². Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property boasts unobstructed views of the Sado River and rice fields, enhancing its serene ambiance while providing an intimate connection to the surrounding landscape.
The valuation. The asking price of €1,100,000 exceeds the fair value of €894,493 by €205,507 (23.0%). This property is overpriced, which may limit potential return on investment.
Fair value modelled at €894,493 from 6 comparable sales in the area. Asking €1,100,000 sits €205,507 (23.0%) above — overpriced versus fair value.
Asking €1,100,000 versus the Portimão, Portimão, Faro area baseline of €707,526 (€2,620/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €707,526, adjusted for condition and micro-location, gives a modelled fair value of €894,493 (€3,313/m²), a €205,507 (23.0%) gap versus the €1,100,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 38b6c2 | Subject | €1,100,000 | €4,074 | — | 87 | 72 |
| Portimão · dee648 | Active | €350,000 | €3,684 | 9.6% | 75 | 76 |
| Portimão · b32812 | Active | €297,000 | €2,750 | 32.5% | 80 | 70 |
| Portimão · 938819 | Active | €750,000 | €4,491 | 10.2% | 77 | 73 |
| rua Poeta João Brás | Active | €476,500 | €2,836 | 30.4% | 72 | 73 |
| Median comp | €413,250 | €3,260 | 20.0% | 76 | 73 |
Short-term vacation rental With a gross yield of only 1.9%, the 3-bed apartment in Portimão appears less attractive for short-term vacation rental investments, especially when the fair value is significantly lower at €894,493, indicating a 23% gap to the listing price of €1,100,000. Additionally, although the Algarve region's tourism drives demand, the overall pricing structure here renders potential returns inadequate. Family rental The apartment's current asking price of €1,100,000, juxtaposed with its fair value of €894,493, suggests it is overpriced for a family rental strategy, which typically requires more accessible entry points in terms of rental pricing. Families looking for long-term homes may find more competitively priced options within the Portimão area, making this investment less desirable. Buy-and-hold Investing in the buy-and-hold strategy for this property is questionable due to its significant pricing discrepancy, with a fair value of €894,493 indicating a 23% overprice compared to the listing price of €1,100,000. The modest gross yield of 1.9% further complicates the attractiveness of holding the property long-term, as returns may not justify the high initial investment cost.
Economic Risk The economic stability score of 55/100 indicates a potential for fluctuating market conditions that could negatively impact rental income.
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