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.
4-bedroom, 2-bathroom apartment of 211 m², energy rating C. Located on praceta da Fraternidade, Portimão parish, Portimão municipality, Faro district. Noteworthy features: This apartment boasts a generous 84.85 m² patio and a 60 m² private garden, enhancing outdoor living space in a tranquil urban setting.
The valuation. The asking price of €446,000 is above the fair value of €404,188 by €41,812 (10.3%). This positions the property as fair considering the current market dynamics.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta da Fraternidade | Subject | €446,000 | €2,114 | — | — | 72 |
| Portimão · 1442c0 | Active | €446,000 | €1,646 | 22.1% | 72 | 71 |
| Portimão · 6229aa | Active | €446,000 | €1,646 | 22.1% | 72 | 63 |
| rua do Operário, 2B | Active | €248,000 | €2,318 | 9.7% | 53 | 78 |
| rua Projectada À Caldeira do Moinho | Active | €295,000 | €1,916 | 9.4% | 70 | 69 |
| Median comp | €370,500 | €1,781 | 15.7% | 71 | 70 |
Short-term vacation rental Given its coastal location in Algarve and a gross yield of 5%, this 4-bed apartment in Portimão can attract tourists looking for seasonal accommodations. However, with a fair value of €404,188 compared to the listing price of €446,000, the property is fairly priced, indicating limited immediate upside in potential rental income. Long-term rental The apartment’s strong neighborhood rating of 72/100 may support demand for long-term tenancy, but the current pricing reflects a fair value that could limit cash flow. Renting out all four bedrooms could provide a stable income stream, although the gap against fair value indicates the need for cautious financial planning. Buy-and-hold As a buy-and-hold strategy, this apartment in Portimão could present a reasonable opportunity given its solid location and decent neighborhood dynamics. However, considering it is valued fairly at €446,000, potential investors should anticipate a slower appreciation pace in the medium to long term. Not ideal for: This property is not suitable for student housing or the luxury market due to its condition ranking of 0/100, which may deter premium tenants, nor does it fit industrial use trends in the locality.
Economic Vulnerability Given the economic stability score of 65/100, the property is exposed to potential downturns in the local economy, which could affect rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
