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, 3-bathroom apartment of 126 m², built in 2024, energy rating A. Located Ferragudo parish, Lagoa municipality, Faro district. This property includes a basement parking space and a storage unit, adding significant convenience and utility for residents.
The valuation. The asking price of €349,000 is €27,407 (8.5%) above the fair value of €321,593, indicating a fair valuation for the property that warrants deeper analysis before purchase.
Fair value modelled at €321,593 from 6 comparable sales in the area. Asking €349,000 sits €27,407 (8.5%) above — overpriced versus fair value.
Asking €349,000 versus the Ferragudo, Lagoa, Faro area baseline of €349,812 (€2,776/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €349,812, adjusted for condition and micro-location, gives a modelled fair value of €321,593 (€2,552/m²), a €27,407 (8.5%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ferragudo · a6d478 | Subject | €349,000 | €2,770 | — | 75 | 71 |
| Portimão · 16249d | Active | €565,000 | €2,500 | 9.7% | 72 | 61 |
| rua da Bela Vista, 1C | Active | €399,000 | €2,347 | 15.3% | 80 | 73 |
| Portimão · 6228cd | Active | €420,000 | €2,039 | 26.4% | 75 | 68 |
| Portimão · 1f3429 | Active | €565,000 | €3,038 | 9.7% | 73 | 77 |
| Median comp | €492,500 | €2,424 | 12.5% | 74 | 71 |
Short-term vacation rental Given the area's strong tourism market, this property could generate some seasonal income; however, the 0% yield indicates that current pricing may not support optimal profitability. With a fair value of €321,593 and a listing price of €349,000, the return on investment might fall short, given the market dynamics. Buy-and-hold Investing in this property for the long term may reflect a stable asset; however, the current pricing brings into question its potential appreciation. As the market's fair value indicates an 8.5% gap, waiting for better pricing might yield a more favorable outcome in the future. Long-term rental While the neighborhood has decent scores in terms of amenities and tenant quality, the 0% yield suggests that rental income will be insufficient given the current purchase price. The fair valuation further highlights the risk of lower-than-expected returns over time, making this less attractive for long-term holding. Not ideal for student housing The property size and location do not align with the typical demand and budget for student housing, which often requires lower-cost options in closer proximity to educational institutions. Consequently, pursuing this strategy would most likely result in occupancy and revenue challenges. Not ideal for luxury market The apartment's pricing and condition ratings do not adequately align with the expectations of luxury market clientele, which demands higher standards. This disconnect could lead to prolonged vacancies and disinterest from prospective high-end tenants.
Economic Sensitivity Risk With an economic stability score of 65/100, the property is potentially vulnerable to economic downturns, which could impact rental income and tenant retention.**
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
