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.
5-bedroom, 0-bathroom house of 662 m², built in 1985, energy rating F. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property’s unique stone architecture and high ceilings present potential for distinctive design adaptations, enhancing its appeal as a revitalization project for nightlife or tourism pursuits.
The valuation. The asking price of €1,290,000 is below the fair value of €1,428,970, representing a potential discount of €138,970 (9.7%). This positions the property as subvalued in the current market.
Fair value modelled at €1,428,970 from 6 comparable sales in the area. Asking €1,290,000 sits €138,970 (9.7%) below — the upside to fair value.
Asking €1,290,000 versus the Portimão, Portimão, Faro area baseline of €1,506,819 (€2,276/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €1,506,819, adjusted for condition and micro-location, gives a modelled fair value of €1,428,970 (€2,159/m²), a €138,970 (9.7%) gap versus the €1,290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 8311c6 | Subject | €1,290,000 | €1,949 | — | 52 | 74 |
| rua do Pinheiro, 62 | Active | €425,000 | €1,557 | 20.1% | 65 | 61 |
| rua Mouzinho de Albuquerque, 61 | Active | €385,000 | €2,188 | 12.3% | 30 | 63 |
| Portimão · 4a44c3 | Active | €230,000 | €2,130 | 9.3% | — | 67 |
| rua Rio Arade | Active | €590,000 | €2,565 | 31.6% | 52 | 70 |
| Median comp | €405,000 | €2,159 | 10.8% | 52 | 65 |
Short-term vacation rental With its attractive location near Algarve's amenities and a gross yield of 4.1%, this property presents a viable opportunity for short-term vacation rentals. The high tourism seasons in Portimão can support consistent rental income and capitalize on the area's appeal. Buy-and-hold Investing in this property allows for potential appreciation over time given its slightly lower listing price compared to the fair value and a neighborhood rating of 74/100. The stable economic backdrop and ongoing demand for residential housing in Portimão make this a strategic long-term investment. Family rental With ample space in a 5-bedroom layout and proximity to local amenities, the property is well-suited for families looking to rent in Portimão. Despite its condition rating of 55/100, the reasonable purchase price relative to fair value creates a solid opportunity for family rental income. Not ideal for student housing The property is not suited for student housing due to its high rental price and the demographic nature of the area, which may not attract enough students. Additionally, the condition of the property does not align with the typical preferences of student renters. Not ideal for luxury market The property does not cater to the luxury market given its condition rating and fair value assessment, which limits its appeal to high-end buyers. Its features and pricing may not justify the expectations of luxury clientele.
Potential Economic Volatility The economic stability score of 65 suggests that there may be underlying risks of economic fluctuations that could affect tenant demand and property value in the future.
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