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.
3-bedroom, 3-bathroom apartment of 226 m² on the 1st floor, built in 2016, energy rating B. Located Portimão parish, Portimão municipality, Faro district. The property features a spacious terrace with direct views of the Arade River, providing a serene outdoor space that enhances the living experience in the Algarve climate.
The valuation. The asking price of €565,000 sits €24,256 (4.1%) below the fair value of €589,256, which indicates the property is fairly priced given its features and location.
Fair value modelled at €589,256 from 6 comparable sales in the area. Asking €565,000 sits €24,256 (4.1%) below — the upside to fair value.
Asking €565,000 versus the Portimão, Portimão, Faro area baseline of €496,733 (€2,198/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 €496,733, adjusted for condition and micro-location, gives a modelled fair value of €589,256 (€2,607/m²), a €24,256 (4.1%) gap versus the €565,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 16249d | Subject | €565,000 | €2,500 | — | 72 | 61 |
| Portimão · fb292b | Active | €560,000 | €2,605 | 4.2% | 78 | 71 |
| Portimão · 6228cd | Active | €420,000 | €2,039 | 18.4% | 75 | 68 |
| rua da Bela Vista, 1C | Active | €399,000 | €2,347 | 6.1% | 80 | 73 |
| Portimão · 1f3429 | Active | €565,000 | €3,038 | 21.5% | 73 | 77 |
| Median comp | €490,000 | €2,476 | 1.0% | 77 | 72 |
Short-term vacation rental The property presents a fair yield of 4.1% gross, aligning well with the expectations in the tourism-driven market of Albufeira. However, given its fair valuation status, it may not generate significant exceptional returns compared to potential competition. Long-term rental With a fair valuation gap of only 4.1%, the long-term rental strategy indicates a modest yet stable yield, suitable for maintaining cash flow in a growing area. The apartment's condition and the neighborhood score reflect a decent investment, but not one that stands out in a competitive rental market. Buy-and-hold For investors focused on a buy-and-hold strategy, this property offers a consistent gross yield of 4.1%, which may appeal to those looking for a stable investment. Still, with a fair valuation, the potential for substantial capital appreciation may be limited in this saturated market environment.
Economic Vulnerability The property faces a risk due to below-average economic and tenant stability scores of 55/100, indicating potential challenges in attracting and retaining reliable tenants.
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