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 76 m² on the 4th floor, built in 1986, energy rating F. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts a private balcony in one bedroom, providing a personal outdoor space to enjoy the sea view. Proximity to Beach: Located just 150 meters from Praia da Rocha and Praia do Vau, enhancing its rental potential.
The valuation. The asking price of €284,000 is slightly above the fair value of €276,797, creating a difference of €7,203, or 2.6%. This aligns with the verdict of fair, suggesting a reasonable market positioning.
Fair value modelled at €276,797 from 6 comparable sales in the area. Asking €284,000 sits €7,203 (2.6%) above — overpriced versus fair value.
Asking €284,000 versus the Portimão, Portimão, Faro area baseline of €272,089 (€3,580/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 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 €272,089, adjusted for condition and micro-location, gives a modelled fair value of €276,797 (€3,642/m²), a €7,203 (2.6%) gap versus the €284,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 5da100 | Subject | €284,000 | €3,737 | — | 61 | 77 |
| rua Professor Doutor Montalvão Marques, 1 | Active | €285,000 | €2,740 | 26.7% | 58 | 73 |
| Portimão · 1f35cf | Active | €290,000 | €3,867 | 3.5% | 65 | 73 |
| Alvor · f46b7a | Active | €240,000 | €3,529 | 5.6% | 75 | 64 |
| Portimão · 6eba2d | Active | €227,000 | €2,580 | 31.0% | 68 | 74 |
| Median comp | €262,500 | €3,135 | 16.1% | 67 | 73 |
Long-term rental The 2-bed apartment in Portimão is positioned well for long-term rentals, given the 5.4% gross yield and a solid neighbourhood rating of 77/100. However, with a fair value at €276,797, the listing price represents a modest 2.6% gap, indicating that it may not present a compelling long-term investment opportunity. Short-term vacation rental As a vacation rental, this property can leverage the boost from local tourism, yet the yield of 5.4% suggests limited upside potential. With a condition rating of 60/100 and a fair value assessment, this property is fairly priced but lacks the unique features that might command a higher short-term rental income. Buy-and-hold For a buy-and-hold strategy, the property’s fair market standing suggests that it may yield steady rental income but is not particularly appealing for value appreciation at the current price. The gap from fair value is minimal, and while the location benefits from tourism, the investment's return profile does not indicate significant growth potential. Not ideal for: Student housing, Industrial investment, Luxury market
Potential Economic Downturn The economic stability score of 75/100 suggests a moderate risk of downturn, which could impact tenant retention and rental income.
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