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.
2-bedroom, 2-bathroom apartment of 121 m² on the 2nd floor, built in 2009, energy rating C. Located on rua Francisco Bívar, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment includes a spacious 23 m² terrace perfect for outdoor gatherings, and benefits from both an exclusive parking space and a basement storage room, enhancing urban living convenience.
The valuation. The asking price of €330,000 is €6,111 below the fair value of €336,111, making it a reasonable investment at 1.8% under fair value. Overall, the property is valued appropriately for its condition and location.
Fair value modelled at €336,111 from 5 comparable sales in the area. Asking €330,000 sits €6,111 (1.8%) below — the upside to fair value.
Asking €330,000 versus the rua Francisco Bívar area baseline of €299,081 (€2,472/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €299,081, adjusted for condition and micro-location, gives a modelled fair value of €336,111 (€2,778/m²), a €6,111 (1.8%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Francisco Bívar | Subject | €330,000 | €2,727 | — | 70 | 70 |
| Portimão · 4a4244 | Active | €475,000 | €2,582 | 5.3% | 70 | 68 |
| Portimão · 3a7487 | Active | €375,000 | €2,953 | 8.3% | 65 | 68 |
| Ferragudo · efdc56 | Active | €449,900 | €3,357 | 23.1% | 74 | 70 |
| Portimão · efdcb4 | Active | €375,000 | €2,778 | 1.9% | 74 | 72 |
| Median comp | €412,450 | €2,866 | 5.1% | 72 | 69 |
Short-term vacation rental This property may attract vacationers due to its proximity to tourist areas in the Algarve, delivering a decent gross yield of 3.9%. However, the fair value and listing price are very close, suggesting limited potential for significant return on investment in this strategy. Long-term rental With the property located in a mixed tourist and residential area, it can provide a stable rental income, despite yielding only 3.9%. The close alignment of the listing price to the fair value indicates that while it may generate steady cash flow, it lacks substantial upside potential for long-term appreciation. Buy-and-hold Investing in this property as a buy-and-hold strategy may be less appealing given its fair valuation and modest yield of 3.9%. While the location offers some benefits, the marginal difference between the listing and fair value suggests that future appreciation might not be significant, limiting long-term investment growth.
Economic Vulnerability The economic stability score of 60/100 indicates a potential risk due to less favorable market conditions that could lead to fluctuations in rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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