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, 1-bathroom apartment of 85 m² on the 4th floor, built in 1970, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Conveniently located on the fourth floor, this apartment features dual-purpose spaces adjacent to the kitchen, ideal for a laundry room or additional pantry storage.
The valuation. The asking price of €280,000 is slightly below the fair value of €293,095, indicating a fair valuation with a difference of €13,095 (4.5%). This positions the property competitively within the market.
Fair value modelled at €293,095 from 6 comparable sales in the area. Asking €280,000 sits €13,095 (4.5%) below — the upside to fair value.
Asking €280,000 versus the Portimão, Portimão, Faro area baseline of €268,880 (€3,163/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is below the parish average, reducing 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 €268,880, adjusted for condition and micro-location, gives a modelled fair value of €293,095 (€3,448/m²), a €13,095 (4.5%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · f10c11 | Subject | €280,000 | €3,294 | — | 68 | 70 |
| Portimão · 19f783 | Active | €265,500 | €3,848 | 16.8% | 78 | 68 |
| Portimão · 8313bc | Active | €299,000 | €3,646 | 10.7% | 70 | 73 |
| rua da Cooperativa | Active | €285,000 | €3,904 | 18.5% | 75 | 71 |
| Portimão · 6d53e6 | Active | €335,000 | €2,702 | 18.0% | 70 | 64 |
| Median comp | €292,000 | €3,747 | 13.7% | 73 | 70 |
Short-term vacation rental The property in Portimão can generate a gross yield of 4.3%, appealing for short-term vacation rentals in the popular Algarve region. However, given its fair valuation, the investment may not yield significant profitability compared to other opportunities in a competitive market. Long-term rental With a fair value of €293,095, the property at €280,000 offers a steady return aligned with the local demand for long-term rentals, although the 4.3% yield suggests limited cash flow potential. As the neighborhood has moderate scores of 70/100, tenant quality could be impacted, but the overall demand remains favorable. Buy-and-hold Holding this property for potential appreciation in the Algarve's strong tourism market may be a viable strategy, yet the fair valuation indicates that upside is limited in the short term. Investors should be cautious, as the modest yields and average neighborhood ratings highlight the need for careful consideration before committing long-term capital.
Economic Vulnerability A lower economic stability score of 65/100 suggests potential fluctuations in the market, which could impact property values and rental income consistency.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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