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, 3-bathroom duplex of 119 m², built in 2008, energy rating D. Located on rua Ibn Qaci, 6, Portimão parish, Portimão municipality, Faro district. This duplex offers a private common area perfect for social gatherings, enhancing the living experience in a relaxed and peaceful environment.
The valuation. The asking price of €405,000 is considerably above the fair value of €321,984, representing an overpricing of €83,016 (25.8%). This indicates that the property is overpriced relative to comparable market values.
Fair value modelled at €321,984 from 6 comparable sales in the area. Asking €405,000 sits €83,016 (25.8%) above — overpriced versus fair value.
Asking €405,000 versus the rua Ibn Qaci, 6 area baseline of €284,570 (€2,391/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €284,570, adjusted for condition and micro-location, gives a modelled fair value of €321,984 (€2,706/m²), a €83,016 (25.8%) gap versus the €405,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ibn Qaci, 6 | Subject | €405,000 | €3,403 | — | 78 | 71 |
| beco António Vicente de Castro, 3 | Active | €550,000 | €2,657 | 21.9% | 80 | 73 |
| rua Dom Afonso V, 3 | Active | €550,000 | €2,466 | 27.5% | 75 | 73 |
| Portimão · dbd491 | Active | €460,000 | €2,754 | 19.1% | 72 | 70 |
| Portimão · 1441a8 | Active | €375,000 | €3,261 | 4.2% | 74 | 74 |
| Median comp | €505,000 | €2,706 | 20.5% | 75 | 73 |
Short-term vacation rental The 2-bed duplex in Portimão is overpriced at €405,000, with a fair value of only €321,984, indicating a 25.8% premium that detracts from its potential for strong short-term rental income. With a gross yield of just 2% and the current market conditions driven by tourism, the investment fails to align with expected returns for vacation rentals. Long-term rental With a gross yield of only 2%, the 2-bed duplex in Portimão is overpriced at €405,000 compared to its fair value of €321,984, creating a gap of 25.8% that erodes its attractiveness as a long-term rental investment. The lower tenant quality and the emphasis on tourism-related amenities suggest that this property would struggle to deliver consistent rental yields in the long run. Buy-and-hold This property is not a viable buy-and-hold investment given its overpriced listing of €405,000 versus a fair value of €321,984, reflecting a significant 25.8% gap that undermines long-term appreciation potential. The neighborhood's focus on tourism over residential stability further complicates the buy-and-hold strategy for this duplex in Portimão.
Economic downturn risk The economic stability score of 65/100 indicates a potential vulnerability to market fluctuations, which could adversely affect rental income and property value.
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