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, 3-bathroom house of 176 m², energy rating G. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property boasts a modern kitchen island perfect for cooking and entertaining, seamlessly connecting with the spacious living room that leads directly to the garden and terrace.
The valuation. The asking price of €480,000 is significantly above the fair value of €227,857, indicating an overpriced status by €252,143 (110.7%). This suggests there may be underlying issues regarding the property's valuation. Buy-to-flip angle. A resale strategy could potentially capitalize on the unique design elements and high-quality finishes; however, the substantial asking price may limit attractive returns for a quick flip. Buy-to-let angle. With an estimated monthly rental income of €1,600, the gross yield stands at 4%, making it a moderate option for long-term rental, especially in a location benefiting from tourist attractions.
Fair value modelled at €227,857 from 6 comparable sales in the area. Asking €480,000 sits €252,143 (110.7%) above — overpriced versus fair value.
Asking €480,000 versus the Portimão, Portimão, Faro area baseline of €116,909 (€664/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 €116,909, adjusted for condition and micro-location, gives a modelled fair value of €227,857 (€1,295/m²), a €252,143 (110.7%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · c839da | Subject | €480,000 | €2,727 | — | 80 | 73 |
| jardim Localizada em Portimão | Active | €440,000 | €1,571 | 42.4% | 74 | 75 |
| Portimão · 956a7a | Active | €725,000 | €948 | 65.3% | 74 | 72 |
| Portimão · 956918 | Active | €855,000 | €1,018 | 62.7% | 75 | 72 |
| rua Dom Carlos I, 14 | Active | €725,000 | €948 | 65.3% | 85 | 70 |
| Median comp | €725,000 | €983 | 64.0% | 75 | 72 |
Short-term vacation rental The property is overpriced at €480,000 compared to the fair value of €227,857, indicating a gap of 110.7%. While its proximity to Algarve tourist attractions could attract tourists, the gross yield of 4% does not justify such a premium price. Family rental Although the property is suitable for a family rental given its size and condition rating of 80/100, the asking price of €480,000 indicates it is overpriced based on a fair value of €227,857. The 4% yield suggests that this investment may not provide the expected return needed for future family tenants. Buy-and-hold As a buy-and-hold investment, the property’s significant pricing gap of 110.7% makes it less appealing, with a fair value of just €227,857. Despite the decent condition and neighborhood assessment, the gross yield of 4% points to a potential underperformance in terms of long-term value appreciation given its overvaluation.
Economic and Tenant Market Volatility The property has a moderate economic stability score of 70/100 and a tenant stability score of 70/100, indicating potential fluctuations that could affect rental income and occupancy rates, posing a risk to long-term investment returns.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
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.
Sign in to buy the report or use a credit
