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 56 m² on the 12th floor, built in 1990, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment features a bright south-facing balcony with views of the condominium pool and quality finishes in both the kitchen and bathroom, enhancing overall appeal.
The valuation. The asking price of €275,000 is €20,455 (8.0%) above the fair value of €254,545, indicating that the property is fairly priced.
Fair value modelled at €254,545 from 6 comparable sales in the area. Asking €275,000 sits €20,455 (8.0%) above — overpriced versus fair value.
Asking €275,000 versus the Portimão, Portimão, Faro area baseline of €222,724 (€3,977/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €222,724, adjusted for condition and micro-location, gives a modelled fair value of €254,545 (€4,545/m²), a €20,455 (8.0%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · cc9bfa | Subject | €275,000 | €4,911 | — | 80 | 64 |
| rua Armando Miranda S / N | Active | €259,000 | €3,754 | 23.6% | 74 | 75 |
| rua dos Lusíadas | Active | €255,000 | €4,048 | 17.6% | 78 | 71 |
| Portimão · 420269 | Active | €315,000 | €5,000 | 1.8% | 72 | 79 |
| rua de São Tomé e Príncipe, 31 | Active | €238,000 | €5,289 | 7.7% | 80 | 70 |
| Median comp | €257,000 | €4,524 | 7.9% | 76 | 73 |
Short-term vacation rental The property’s location in a tourist-focused area during peak seasons makes it suitable for short-term rentals, which can capitalize on high demand. However, with a fair value gap of 8.0%, the investment should be approached with caution as the yield of 3.6% gross does not significantly offset the initial cost. Buy-and-hold Considering the property is fairly priced, it may offer moderate long-term appreciation potential. Yet, with a lower yield of 3.6% and a condition rating of 78/100, investors should assess their long-term cash flow expectations before committing. Long-term rental As a long-term rental, the property might attract stable tenant demand due to its tourist appeal; however, the 3.6% yield is modest. With a neighborhood rating of 64/100, investors should be aware of the local amenities and tenant quality, which may affect overall rental performance.
Economic Vulnerability The economic stability score of 55 indicates a higher risk of fluctuating market conditions that could impact rental income or property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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