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 101 m² on the 4th floor. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes a spacious 9 m² balcony perfect for alfresco dining and offers unobstructed views of the river, enhancing its appeal for relaxation or entertainment.
The valuation. The asking price of €295,000 is just €7,753 (2.7%) above the fair value of €287,247. This positions the property fairly, indicating a reasonable asking price in line with market expectations.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 33bd09 | Subject | €295,000 | €2,921 | — | — | 66 |
| rua Quinta do Amparo, 34-35 | Active | €279,000 | €2,735 | 6.4% | 71 | 70 |
| rua do Alto do Pacheco, 5 | Active | €350,000 | €2,692 | 7.8% | 60 | 74 |
| Portimão · 3a7487 | Active | €375,000 | €2,953 | 1.1% | 65 | 68 |
| Portimão · 38b71f | Active | €245,000 | €3,182 | 8.9% | 56 | 70 |
| Median comp | €314,500 | €2,844 | 2.6% | 63 | 70 |
Short-term vacation rental While the property at €295,000 is positioned fairly close to its fair value of €287,247, the 4.1% gross yield indicates limited profitability for short-term vacation rental business in a tourism-dependent economy like the Algarve. The condition score of 0/100 indicates that significant investments would be required to make the unit competitively appealing to travelers. Family rental At a listing price of €295,000, which is approximately 2.7% above its fair value, the property offers a yield of 4.1% that may attract families seeking rental options in Portimão. However, the limited condition rating suggests that this property may require substantial renovations, making it less attractive to families prioritizing readiness for immediate occupancy. Buy-and-hold The property’s listing price of €295,000 reflects a valuation that aligns relatively closely with fair value but does not allow for significant investment upside for a buy-and-hold strategy. Additionally, the neighborhood score of 66/100 indicates decent potential for long-term appreciation, but the property’s poor condition means a buy-and-hold investor must be ready to invest further into property improvements.
Economic Vulnerability The property’s economic stability score of 55 indicates a moderate risk due to potential fluctuations in the local economy that could impact rental income. Tenant Stability Risk With a tenant stability score of 60, there is a moderate risk of tenant turnover that may lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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