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 73 m² on the 1st floor, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Highlights: This apartment features a unique bar area for entertaining guests, capitalizing on its proximity to the beach and vibrant social scene of Praia da Rocha.
The valuation. The asking price of €325,000 is €30,083 (10.2%) above the fair value of €294,917. This positions the property as fairly valued in the current market.
Fair value modelled at €294,917 from 6 comparable sales in the area. Asking €325,000 sits €30,083 (10.2%) above — overpriced versus fair value.
Asking €325,000 versus the Portimão, Portimão, Faro area baseline of €280,864 (€3,847/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €280,864, adjusted for condition and micro-location, gives a modelled fair value of €294,917 (€4,040/m²), a €30,083 (10.2%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · a6d454 | Subject | €325,000 | €4,452 | — | 68 | 70 |
| Portimão · f363ac | Active | €310,000 | €4,247 | 4.6% | 65 | 73 |
| travessa de Olivença, 8 | Active | €260,000 | €4,262 | 4.3% | 66 | 73 |
| rua da Raminha, 14 | Active | €345,000 | €3,833 | 13.9% | 65 | 71 |
| Portimão · ba3dc6 | Active | €225,000 | €2,848 | 36.0% | 55 | 74 |
| Median comp | €285,000 | €4,040 | 9.3% | 65 | 73 |
Short-term vacation rental The property, with a fair value of €294,917 and a listing price of €325,000, presents a gap of 10.2%, suggesting that it aligns closely with market expectations but does not offer a significant investment advantage. Given its location in the Algarve, a popular tourist destination, the yield of 4.2% may be attractive yet remains reasonable for a short-term rental strategy. Buy-and-hold At a listing price of €325,000, this property is consistent with fair market value, indicating that it may not provide profound long-term capital appreciation potential relative to its investment. The solid gross yield of 4.2% supports a buy-and-hold approach, though market dynamics in the Algarve may yield modest returns over time. Value-add renovation The current condition score of 63/100 suggests potential for improvement, but the price reflects a valuation that is reasonable rather than an opportunity for significant uplift. Investing in renovations could enhance appeal and value, yet it is essential to recognize that at €325,000, the property is near its fair value, limiting immediate upside without extensive efforts and expenditure.
Economic vulnerability The economic stability score of 60 indicates a medium risk of economic fluctuations that may adversely affect property values and tenant retention.
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