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 140 m², built in 1988, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts an expansive balcony offering stunning views and a designated parking space, enhancing both lifestyle and convenience in a vibrant neighborhood.
The valuation. The asking price of €360,000 is below the fair value of €412,361, representing a discount of €52,361 (12.7%). This indicates a unique opportunity to acquire a property at a beneficial price point.
Fair value modelled at €412,361 from 6 comparable sales in the area. Asking €360,000 sits €52,361 (12.7%) below — the upside to fair value.
Asking €360,000 versus the Portimão, Portimão, Faro area baseline of €340,464 (€2,432/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €340,464, adjusted for condition and micro-location, gives a modelled fair value of €412,361 (€2,945/m²), a €52,361 (12.7%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · a80ab6 | Subject | €360,000 | €2,571 | — | 74 | 68 |
| Portimão · 190801 | Active | €385,000 | €2,567 | 0.2% | 70 | 69 |
| Portimão · 1441c5 | Active | €379,500 | €2,875 | 11.8% | 74 | 69 |
| Portimão · 1441f0 | Active | €335,000 | €3,160 | 22.9% | 74 | 70 |
| Portimão · a80253 | Active | €360,000 | €2,400 | 6.7% | 75 | 71 |
| Median comp | €369,750 | €2,721 | 5.8% | 74 | 70 |
Short-term vacation rental The property’s attractive location in Portimão, coupled with a fair value of €412,361 and the current listing price of €360,000, presents a compelling opportunity for short-term vacation rentals. With a gross yield of 4.2%, this asset can generate sustainable income catering to the tourism-driven local economy. Long-term rental The Portimão apartment boasts a reasonable condition score of 77/100 and is well-positioned in a neighbourhood that supports long-term residential living, making it an attractive option for long-term rentals. Given the fair value of €412,361, the current listing price reflects an opportunity that can yield a solid return amid stable demand. Buy-and-hold Investing in this 4-bed apartment as a buy-and-hold strategy allows for potential capital appreciation given its fair value of €412,361 compared to the listed price of €360,000. As the local economy thrives, fueled by tourism, holding this asset may yield considerable returns over time without the pressure of immediate investment output.
Economic downturn risk With an economic stability score of 60/100, there is a potential for market fluctuations that may impact rental income and property value negatively.
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