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.
2-bedroom, 2-bathroom apartment of 87 m², built in 1987, energy rating C. Located on travessa do Vale de Lagar, 6, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts private balcony access from both bedrooms and a communal pool set within a tranquil garden environment, enhancing outdoor living space. Location Strengths: Proximity to beautiful beaches and essential amenities.
The valuation. The asking price of €269,000 sits €23,881 (9.7%) above its fair value of €245,119, indicating it is priced at a fair level. This competitive positioning within a desirable neighborhood enhances its appeal.
Fair value modelled at €245,119 from 6 comparable sales in the area. Asking €269,000 sits €23,881 (9.7%) above — overpriced versus fair value.
Asking €269,000 versus the travessa do Vale de Lagar, 6 area baseline of €212,595 (€2,444/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €212,595, adjusted for condition and micro-location, gives a modelled fair value of €245,119 (€2,817/m²), a €23,881 (9.7%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Vale de Lagar, 6 | Subject | €269,000 | €3,092 | — | 75 | 70 |
| Portimão · efdcb4 | Active | €375,000 | €2,778 | 10.2% | 74 | 72 |
| Portimão · f46d35 | Active | €260,000 | €2,857 | 7.6% | 74 | 73 |
| Alvor · 622808 | Active | €140,000 | €3,256 | 5.3% | 78 | 60 |
| rua Quinta do Amparo, 34-35 | Active | €279,000 | €2,735 | 11.5% | 71 | 70 |
| Median comp | €269,500 | €2,818 | 8.9% | 74 | 71 |
Long-term rental The property offers a gross yield of 4.1%, indicating stable cash flow potential in a market with consistent demand due to Algarve's attractiveness. However, with current pricing close to fair value, there is minimal room for capital appreciation in the long term. Short-term vacation rental This apartment benefits from Algarve's tourism, but with a fair value assessment suggesting the property is accurately priced, prospects for income generation may be limited compared to properties undervalued in the same sector. The moderate condition score of 78/100 may also deter potential vacation renters looking for higher standards. Buy-and-hold While the Algarve region ensures ongoing housing demand due to its popularity, this property's valuation indicates it's priced fairly at €269,000, providing limited immediate upside for potential investors. The 9.7% gap from fair value also suggests that investors should exercise caution when considering long-term appreciation potential. Not ideal for This property is not suitable for student housing, given the transient nature of the tenant base and the lack of amenities specifically catering to students. Additionally, it does not align with the luxury market or industrial development needs, as its characteristics and valuation do not support such investment strategies.
Economic Vulnerability With an economic stability score of 60/100, there is a risk of potential fluctuations in the local economy impacting property value and rental income.
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