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. Stunning private roof terrace features a swimming pool, jacuzzi, and BBQ zone, perfect for entertaining while enjoying panoramic sea views.
The valuation. The asking price of €2,250,000 is significantly above the fair value of €1,560,725, indicating an overpricing of €689,275 (44.2%). This discrepancy suggests that investors may encounter challenges in achieving a satisfactory return.
Fair value modelled at €1,560,725 from 5 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 €1,269,456 (€3,824/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 90/100 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 €1,269,456, 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 · a80331 | Subject | €2,250,000 | €6,777 | — | 88 | 71 |
| Ferragudo · 28ba61 | Active | €2,500,000 | €29,070 | 328.9% | 85 | 74 |
| Portimão · 86ca05 | Active | €959,000 | €4,701 | 30.6% | 90 | 74 |
| Portimão · 6229bd | Active | €959,000 | €4,701 | 30.6% | 90 | 71 |
| Portimão · 3d9848 | Active | €662,000 | €5,339 | 21.2% | 84 | 70 |
| Median comp | €959,000 | €5,020 | 25.9% | 88 | 73 |
Long-term rental This penthouse in Portimão, listed at €2,250,000, is priced 44.2% above its fair value of €1,560,725, making it a poor choice for long-term rental investment. The gross yield of 1.5% further indicates that the potential return on investment is not attractive considering the market conditions. Short-term vacation rental Although the Algarve coast attracts high tourism, the property's 1.5% gross yield suggests that it is overpriced for short-term vacation rental purposes. An analysis of the current market and the significant gap to fair value indicates that potential returns may not justify the initial investment. Buy-and-hold While the property's condition is rated 90/100, the significant price disparity of 44.2% compared to fair value implies it may not be a wise buy-and-hold opportunity. The expectation of price appreciation is compromised by its current overpriced status, detracting from long-term investment viability.
Economic Vulnerability The economic stability score of 65/100 indicates potential vulnerability to downturns, which could impact tenant demand and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
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.
Sign in to buy the report or use a credit
