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 41 m², built in 1980, energy rating D. Located on rua Dom Carlos I, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a prime marina-facing location, offering captivating views and immediate access to local dining and shopping, enhancing its appeal for both living and investment.
The valuation. The asking price of €274,900 is significantly above the fair value of €201,525, resulting in an overpricing of €73,375, or 36.4%. This discrepancy indicates that the property is overpriced for potential investors.
Fair value modelled at €201,525 from 5 comparable sales in the area. Asking €274,900 sits €73,375 (36.4%) above — overpriced versus fair value.
Asking €274,900 versus the rua Dom Carlos I area baseline of €178,058 (€4,343/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €178,058, adjusted for condition and micro-location, gives a modelled fair value of €201,525 (€4,915/m²), a €73,375 (36.4%) gap versus the €274,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Carlos I | Subject | €274,900 | €6,705 | — | 75 | 73 |
| rua Cabo da Boa Esperança | Active | €237,000 | €4,740 | 29.3% | 75 | 72 |
| Portimão · b7c181 | Active | €267,000 | €5,235 | 21.9% | 75 | 73 |
| Portimão · b7c17d | Active | €249,500 | €4,892 | 27.0% | 73 | 75 |
| rua de São Tomé e Príncipe | Active | €217,500 | €5,438 | 18.9% | 80 | 70 |
| Median comp | €243,250 | €5,064 | 24.5% | 75 | 73 |
Short-term vacation rental This property, priced at €274,900, is 36.4% above the fair value of €201,525, indicating it is overpriced for short-term vacation rentals. With a gross yield of only 3.3% in a market characterized by seasonal rental demand, potential returns may not justify the elevated purchase price. Buy-and-hold Given the purchase price exceeding fair value, this property is not a compelling candidate for a buy-and-hold investment strategy. Although it holds a decent condition rating of 80/100, the 3.3% gross yield suggests that the long-term appreciation may not offset the initial overpricing. Family rental At a listing price of €274,900, the property is priced significantly above its fair market value, making it less attractive for family rental purposes. The neighborhood rating of 73/100 and the property's condition do not compensate for the high entry cost, limiting its appeal to potential long-term renters.
Economic vulnerability The economic stability score of 60/100 indicates a potential risk of economic downturns affecting rental income and property value.
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