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 92 m² on the 5th floor, built in 2003, energy rating C. Located on rua Agosto Azul, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment offers a spacious 92m² layout complemented by large windows that enhance natural light, along with direct access to the complex's well-maintained swimming pool. Price: €325,000
The valuation. The asking price of €325,000 is approximately 6.0% below the fair value of €345,618, indicating that the property is fairly priced and presents a reasonable opportunity for potential investors.
Fair value modelled at €345,618 from 6 comparable sales in the area. Asking €325,000 sits €20,618 (6.0%) below — the upside to fair value.
Asking €325,000 versus the rua Agosto Azul area baseline of €337,444 (€3,668/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 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 €337,444, adjusted for condition and micro-location, gives a modelled fair value of €345,618 (€3,757/m²), a €20,618 (6.0%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Agosto Azul | Subject | €325,000 | €3,533 | — | 65 | 70 |
| Portimão · 3a7404 | Active | €269,000 | €3,635 | 2.9% | 70 | 74 |
| Alvor · 8750f1 | Active | €275,000 | €4,167 | 17.9% | 62 | 66 |
| rua das Conchas S / N | Active | €255,000 | €3,750 | 6.2% | 70 | 75 |
| Portimão · 4a4442 | Active | €345,000 | €3,108 | 12.0% | — | 74 |
| Median comp | €272,000 | €3,693 | 4.5% | 70 | 74 |
Long-term rental The current price of €325,000 represents a fair value given the 6.0% gap versus the estimated fair value of €345,618, but the 3.9% gross yield indicates limited upside potential for long-term rental income. With the neighborhood scoring 70/100, tenant quality may be satisfactory, yet overall returns will be modest due to the prevailing market conditions. Short-term vacation rental While the property is priced fairly at €325,000 with a fair value of €345,618, the gross yield of 3.9% suggests that short-term vacation rental returns may not meet investor expectations in a competitive tourist market. Additionally, the property’s condition rating of 60/100 could require further investment to optimize guest experiences and maximize occupancy rates. Buy-and-hold At a listing price of €325,000, this property aligns closely with its fair value of €345,618, making it a reasonably safe buy. However, with a gross yield of only 3.9%, the long-term growth potential is tempered, indicating that this investment may yield only moderate returns over time in the tourist-centric Algarve market.
Economic Performance Risk The economic stability score of 65/100 indicates potential vulnerability to market fluctuations, which could impact rental income and property value.
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
