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 studio of 53 m² on the 7th floor, built in 2005, energy rating C. Located Portimão parish, Portimão municipality, Faro district. This property features a generous south-facing balcony, enhancing natural light and offering city views, complemented by its prime location in a sought-after area of Portimão.
The valuation. The asking price of €260,000 is €20,455 (8.5%) above the fair value of €239,545. This positions the property at a reasonable valuation, suggesting a fair investment opportunity in the current market.
Fair value modelled at €239,545 from 6 comparable sales in the area. Asking €260,000 sits €20,455 (8.5%) above — overpriced versus fair value.
Asking €260,000 versus the Portimão, Portimão, Faro area baseline of €221,722 (€4,183/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €221,722, adjusted for condition and micro-location, gives a modelled fair value of €239,545 (€4,520/m²), a €20,455 (8.5%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 828f62 | Subject | €260,000 | €4,906 | — | 72 | 75 |
| Portimão · cc9cc9 | Active | €275,000 | €4,508 | 8.1% | 72 | 64 |
| Portimão · cc9c3c | Active | €275,000 | €4,508 | 8.1% | 72 | 77 |
| Portimão · cc9bfa | Active | €275,000 | €4,911 | 0.1% | 80 | 64 |
| avenida Tomás Cabreira, 2 | Active | €290,000 | €4,531 | 7.6% | 75 | 68 |
| Median comp | €275,000 | €4,520 | 7.9% | 74 | 66 |
Short-term vacation rental The property's gross yield of 3.8% reflects the moderate performance potential for short-term rentals in Portimão, supported by its condition rating of 71/100. However, the current listing price is 8.5% higher than fair value, indicating limited upside in a market primarily catering to vacationers. Luxury market While the property is located in a desirable region of the Algarve, its fair condition score of 71/100 suggests it may not appeal to high-end buyers looking for luxury accommodations. With the listing price exceeding fair value by 8.5%, entering the luxury market could be challenging without significant renovations or upgrades. Buy-and-hold As an investment, this property could provide steady rental income given its location near popular tourist sites, yet the gross yield of 3.8% may not meet the expectations of long-term investors. Additionally, the current price is 8.5% above fair value, which could hinder future appreciation and cash flow potential.
Economic Sensitivity With an economic stability score of 65/100, there is a moderate risk that economic fluctuations could impact rental income and property value, particularly in times of downturn.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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