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 55 m², energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property features high-quality materials and finishes, including double glazing with thermal break and electric shutters, enhancing both aesthetics and energy efficiency.
The valuation. The asking price of €375,000 is significantly above the fair value of €284,718, marking an excess of €90,282 (31.7%). As such, this property is overpriced according to market standards.
Fair value modelled at €284,718 from 6 comparable sales in the area. Asking €375,000 sits €90,282 (31.7%) above — overpriced versus fair value.
Asking €375,000 versus the Portimão, Portimão, Faro area baseline of €257,450 (€4,681/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €257,450, adjusted for condition and micro-location, gives a modelled fair value of €284,718 (€5,177/m²), a €90,282 (31.7%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · a80b09 | Subject | €375,000 | €6,818 | — | 78 | 70 |
| Portimão · b7b821 | Active | €329,000 | €5,141 | 24.6% | 70 | 71 |
| avenida das Comunidades Lusíadas, 3 | Active | €245,000 | €5,213 | 23.5% | 80 | 76 |
| rua Agosto Azul, 2 | Active | €480,000 | €7,500 | 10.0% | 70 | 73 |
| avenida das Comunidades Lusíadas S / N | Active | €310,000 | €6,596 | 3.3% | 70 | 71 |
| Median comp | €319,500 | €5,905 | 13.4% | 70 | 72 |
Short-term vacation rental The property at €375,000 is overpriced compared to its fair value of €284,718, creating a potential barrier for attractive returns in the competitive short-term rental market of Algarve. With a gross yield of only 2.6%, this investment may underperform against more reasonably priced options in a region known for tourist demand. Buy-and-hold Investing in this property for a long-term hold strategy falls short, as the current listing price exceeds its fair value by 31.7%. The modest yield of 2.6% highlights the challenges in achieving satisfactory growth in an overpriced environment. Family rental Offering limited potential for family rentals, this property’s asking price is significantly above its fair value, impacting its attractiveness to potential tenants. Additionally, with a low yield of 2.6%, the cost disparity suggests a limited return on investment for long-term residential rental strategies.
Economic Vulnerability The property has a low economic stability score of 55/100, indicating a higher risk of market fluctuations that could negatively impact rental income and property value.
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