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 75 m² on the 3rd floor, built in 2007, energy rating C. Located on rua Dom Afonso V, Portimão parish, Portimão municipality, Faro district. Noteworthy Feature: This apartment is part of a tourist development, offering a unique blend of personal living space and the potential for lucrative short-term rentals in a sought-after location.
The valuation. The asking price of €225,000 is slightly above the fair value of €217,871, indicating a difference of €7,129 (3.3%). This property can be considered fairly priced in the current market.
Fair value modelled at €217,871 from 6 comparable sales in the area. Asking €225,000 sits €7,129 (3.3%) above — overpriced versus fair value.
Asking €225,000 versus the rua Dom Afonso V area baseline of €191,528 (€2,554/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 €191,528, adjusted for condition and micro-location, gives a modelled fair value of €217,871 (€2,905/m²), a €7,129 (3.3%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Afonso V | Subject | €225,000 | €3,000 | — | 68 | 60 |
| Portimão · 3d9899 | Active | €235,000 | €2,611 | 13.0% | 70 | 71 |
| Portimão · 4a4442 | Active | €345,000 | €3,108 | 3.6% | — | 74 |
| rua da Pedra, 9 | Active | €320,000 | €2,963 | 1.2% | 70 | 72 |
| Portimão · f46d35 | Active | €260,000 | €2,857 | 4.8% | 74 | 73 |
| Median comp | €290,000 | €2,910 | 3.0% | 70 | 73 |
Short-term vacation rental This property is positioned in Portimão, a notable tourist hub in the Algarve, which could lead to competitive short-term rental income despite it being fairly priced at €225,000. With a gross yield of 4.9%, the rental return could be attractive to investors looking for vacation rental opportunities in a well-frequented area. Buy-and-hold Investing in this property as a long-term hold may offer moderate benefits given the fair valuation of €225,000 and the steady tourism-driven demand in the Algarve. The yield of 4.9% presents a reasonable return over time, reinforcing its viability for long-term appreciation without significant immediate underpricing. Family rental Although the property is fairly priced at €225,000, its yield of 4.9% aligns with typical expectations for family rentals in the region. The neighborhood ratings indicate average amenities and tenant quality, which may limit overall demand but ensure stable occupancy in a tourism-reliant area.
Economic Vulnerability With an economic stability score of 50/100, there is a significant risk that adverse economic conditions could impact rental income and property value.
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