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 54 m² on the 7th floor, built in 1984, energy rating D. Located on avenida Comunidade Lusíada, Portimão parish, Portimão municipality, Faro district. Features: The apartment offers exclusive access to an on-site tennis court and swimming pool, enhancing leisure opportunities while enjoying proximity to the stunning beaches of Praia da Rocha.**
The valuation. The asking price of €365,000 sits significantly above the fair value of €245,348, indicating an overvaluation of €119,652 or 48.8%. This property is overpriced based on current market conditions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Comunidade Lusíada | Subject | €365,000 | €6,759 | — | — | 72 |
| avenida das Comunidades Lusíadas | Active | €224,000 | €4,766 | 29.5% | — | 71 |
| avenida Tomás Cabreira | Active | €350,000 | €4,321 | 36.1% | 65 | 81 |
| rua da Vila Rosa, 12 | Active | €247,500 | €4,057 | 40.0% | 60 | 66 |
| avenida das Comunidades Lusíadas | Active | €395,000 | €5,643 | 16.5% | 76 | 77 |
| Median comp | €298,750 | €4,544 | 32.8% | 65 | 74 |
Short-term vacation rental The property in Portimão is overpriced at €365,000, significantly above its fair value of €245,348, resulting in a 48.8% gap. With a gross yield of only 3%, the high entry price does not justify potential returns from short-term vacation rentals in a competitive market. Long-term rental At €365,000, the property is considerably overpriced compared to the fair value of €245,348, which reflects a 48.8% gap. The gross yield of 3% suggests that long-term rental income would not compensate for the high purchase price, limiting investment attractiveness. Value-add renovation This apartment in Portimão, listed at €365,000, is overpriced with a substantial 48.8% gap from its fair value of €245,348. Given its current condition rating of 0/100, the expected renovation costs will further diminish any potential upside, making it a risky investment choice.
Economic-Tenant Stability Risk The property faces a risk of potential instability as both the economic stability and tenant stability scores are at a moderate 65/100, indicating vulnerability to economic fluctuations.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
