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, 5-bathroom penthouse of 332 m², energy rating A+. Located Portimão parish, Portimão municipality, Faro district. This penthouse features an electric fireplace in the spacious living room, alongside a uniquely designed private rooftop with a pool, jacuzzi, and BBQ area for entertainment.
The valuation. The asking price of €2,250,000 significantly exceeds the fair value of €1,560,725, resulting in an overpricing of €689,275, or 44.2%. This substantial difference suggests the property is out of alignment with current market trends.
Fair value modelled at €1,560,725 from 6 comparable sales in the area. Asking €2,250,000 sits €689,275 (44.2%) above — overpriced versus fair value.
Asking €2,250,000 versus the Portimão, Portimão, Faro area baseline of €1,317,044 (€3,967/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 €1,317,044, adjusted for condition and micro-location, gives a modelled fair value of €1,560,725 (€4,701/m²), a €689,275 (44.2%) gap versus the €2,250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 8312fb | Subject | €2,250,000 | €6,777 | — | 85 | 67 |
| Ferragudo · 28ba61 | Active | €2,500,000 | €29,070 | 328.9% | 85 | 74 |
| Portimão · 6229bd | Active | €959,000 | €4,701 | 30.6% | 90 | 71 |
| Portimão · 86ca05 | Active | €959,000 | €4,701 | 30.6% | 90 | 74 |
| Portimão · 82c82c | Active | €540,000 | €3,273 | 51.7% | 73 | 73 |
| Median comp | €959,000 | €4,701 | 30.6% | 88 | 74 |
Short-term vacation rental The property is overpriced with a significant gap of 44.2% from its fair value, making it difficult to achieve reasonable returns even in a tourist-friendly area. Given the zero yield and high tenant turnover, the potential for profitability in this strategy is severely compromised. Buy-and-hold Despite the appealing location in Portimão, the property's fair value indicates it is overpriced by 44.2%, resulting in a poor investment outlook. The lack of yield further limits the attractiveness of holding this asset as part of a long-term strategy. Family rental This property, while located in a desirable tourist area, is overpriced at a listing price that exceeds fair value by 44.2%. The seasonal employment pattern and high tenant turnover make it a challenging choice for a family rental strategy, further supported by the zero gross yield.
Economic Vulnerability The property’s economic stability score of 55/100 indicates a heightened risk of adverse market conditions negatively impacting investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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