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 49 m² on the 2nd floor. Located on rua Pereira de Sousa, 11, Portimão parish, Portimão municipality, Faro district. This apartment features a spacious balcony that can be enclosed to create additional living space, combined with a communal swimming pool enhancing outdoor leisure opportunities.
The valuation. The asking price of €340,000 is significantly above the fair value of €219,648, representing an overpricing of €120,352 (54.8%). This discrepancy indicates that the property is not a financial opportunity in its current state.
Fair value modelled at €219,648 from 6 comparable sales in the area. Asking €340,000 sits €120,352 (54.8%) above — overpriced versus fair value.
Asking €340,000 versus the rua Pereira de Sousa, 11 area baseline of €209,183 (€4,269/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €209,183, adjusted for condition and micro-location, gives a modelled fair value of €219,648 (€4,483/m²), a €120,352 (54.8%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pereira de Sousa, 11 | Subject | €340,000 | €6,939 | — | 68 | 71 |
| Portimão · 828f62 | Active | €260,000 | €4,906 | 29.3% | 72 | 75 |
| Alvor · b7c096 | Active | €245,000 | €4,083 | 41.2% | 68 | 68 |
| avenida das Comunidades Lusíadas | Active | €295,000 | €5,784 | 16.6% | 68 | 65 |
| praceta das Faias | Active | €235,000 | €4,434 | 36.1% | 70 | 72 |
| Median comp | €252,500 | €4,670 | 32.7% | 69 | 70 |
Short-term vacation rental This property, priced at €340,000, exceeds its fair value of €219,648 by 54.8%, indicating that it is overpriced for the short-term vacation rental market. While Portimão benefits from strong seasonal demand, the gross yield of only 3% does not justify the high entry cost. Long-term rental Investing in this 1-bed apartment for long-term rental appears unwise, given its listing price of €340,000 compared to a fair value of €219,648, marking a 54.8% gap. The 3% gross yield and condition score of 66/100 suggest that the property may struggle to attract tenants at this steep price point. Buy-and-hold Acquiring this property as a buy-and-hold investment is not advisable due to its price of €340,000 being substantially above the assessed fair value of €219,648, representing a 54.8% premium. With a suboptimal gross yield of 3%, the potential for future appreciation seems insufficient to offset the current overvaluation.
Economic downturn risk A moderate economic stability score of 65 may indicate potential vulnerabilities, possibly impacting future rental income and property value. This score suggests exposure to economic fluctuations that could affect tenant occupancy and overall investment returns.
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
