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.
3-bedroom, 2-bathroom apartment of 160 m², energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts a generous 75m² private terrace, ideal for outdoor living and entertaining, and is situated just 5 minutes from the scenic Praia da Rocha.
The valuation. The asking price of €340,000 sits below the fair value of €380,346, indicating the property is subvalued by €40,346 (10.6%). This presents a strong opportunity for potential investors.
Fair value modelled at €380,346 from 6 comparable sales in the area. Asking €340,000 sits €40,346 (10.6%) below — the upside to fair value.
Asking €340,000 versus the Portimão, Portimão, Faro area baseline of €290,161 (€1,814/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 is above the parish average, lifting 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 €290,161, adjusted for condition and micro-location, gives a modelled fair value of €380,346 (€2,377/m²), a €40,346 (10.6%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · caa1bd | Subject | €340,000 | €2,125 | — | 78 | 74 |
| rua Projectada À Caldeira do Moinho | Active | €295,000 | €1,916 | 9.9% | 70 | 69 |
| Portimão · a80253 | Active | €360,000 | €2,400 | 12.9% | 75 | 71 |
| Portimão · 3a710f | Active | €365,000 | €2,433 | 14.5% | 73 | 69 |
| largo de Gil Eanes, 2 | Active | €299,000 | €2,354 | 10.8% | 72 | 73 |
| Median comp | €329,500 | €2,377 | 11.9% | 73 | 70 |
Short-term vacation rental This 3-bed apartment in Portimão is an attractive option for short-term vacation rentals, given the 10.6% gap below fair value and a gross yield of 4.5%. The thriving tourism market in Algarve enhances the potential for high occupancy rates during peak seasons. Long-term rental As a long-term rental, this property may yield consistent returns, supported by its reasonable fair value and solid yield of 4.5%. The neighborhood's decent amenities and overall stability provide a favorable environment for attracting reliable tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy is strategic, especially with its current pricing being 10.6% below fair value. Given the rising demand for housing in Portimão, holding onto this apartment may result in substantial value appreciation over time.
Economic Vulnerability With both the economic stability and tenant stability scores at 65/100, there is a risk that fluctuations in the local economy or changes in tenant circumstances could lead to increased vacancy rates or decreased rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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