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 53 m² on the 4th floor, built in 1987, energy rating D. Located Portimão parish, Portimão municipality, Faro district. This property boasts a sunlit balcony overlooking the vibrant streets of Portimão, enhancing its urban appeal and providing a perfect spot for relaxation.
The valuation. The asking price of €230,000 sits €34,621 (13.1%) below the fair value of €264,621, indicating that the property is subvalued and presents a favorable buying opportunity for investors seeking a below-market purchase.
Fair value modelled at €264,621 from 6 comparable sales in the area. Asking €230,000 sits €34,621 (13.1%) below — the upside to fair value.
Asking €230,000 versus the Portimão, Portimão, Faro area baseline of €272,193 (€5,136/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 €272,193, adjusted for condition and micro-location, gives a modelled fair value of €264,621 (€4,993/m²), a €34,621 (13.1%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 831818 | Subject | €230,000 | €4,340 | — | 54 | 70 |
| avenida Tomás Cabreira | Active | €350,000 | €4,321 | 0.4% | 65 | 81 |
| Portimão · 8936c2 | Active | €292,000 | €4,867 | 12.1% | 68 | 70 |
| avenida das Comunidades Lusíadas | Active | €224,000 | €4,766 | 9.8% | — | 71 |
| Portimão · cfe06a | Active | €236,000 | €6,378 | 47.0% | — | 75 |
| Median comp | €264,000 | €4,817 | 11.0% | 67 | 73 |
Short-term vacation rental The property, with a fair value of €264,621, is currently listed at €230,000, representing an opportunity to capitalize on strong tourism demand due to its proximity to Albufeira. With a gross yield of 3.8%, this investment could produce attractive returns during peak vacation seasons. Buy-and-hold Given its fair value exceeding the listing price, the property in Portimão is a solid buy-and-hold opportunity in a neighborhood rated 70/100, reflecting decent tenant demand. With the ongoing tourism influence, holding this asset could appreciate over time as the property value aligns closer to its fair market rate. Long-term rental Although not ideal for student housing, the property presents a viable long-term rental strategy due to its favorable location and fair value analysis. The 3.8% gross yield indicates potential for steady income while benefiting from the area's tourist-driven economic activity.
Economic Vulnerability: With an economic stability score of 55/100, there is a significant risk that downturns in the local economy could negatively impact rental demand or tenant turnover.
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