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 110 m² on the 4th floor, built in 1973, energy rating C. Located on avenida São João de Deus, 44, Portimão parish, Portimão municipality, Faro district. This apartment features a south-facing balcony that enhances its spaciousness and floods the living areas with natural light, perfect for enjoying Portimão's pleasant climate.
The valuation. The asking price of €300,000 positions it slightly above its fair value of €292,067 by €7,933, or 2.7%. This places the property in a fair valuation category.
Fair value modelled at €292,067 from 6 comparable sales in the area. Asking €300,000 sits €7,933 (2.7%) above — overpriced versus fair value.
Asking €300,000 versus the avenida São João de Deus, 44 area baseline of €235,998 (€2,145/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 €235,998, adjusted for condition and micro-location, gives a modelled fair value of €292,067 (€2,655/m²), a €7,933 (2.7%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida São João de Deus, 44 | Subject | €300,000 | €2,727 | — | 75 | 68 |
| rua João Simões Tavares, 8 | Active | €409,000 | €2,572 | 5.7% | 70 | 68 |
| rua Francisco Alvo, 3 | Active | €380,000 | €3,016 | 10.6% | 74 | 69 |
| Portimão · f46ab5 | Active | €359,000 | €2,620 | 3.9% | 72 | 70 |
| rua Francisco Bívar | Active | €330,000 | €2,727 | 0% | 70 | 70 |
| Median comp | €369,500 | €2,674 | 2.0% | 71 | 70 |
Short-term vacation rental The property’s gross yield of 4.5% indicates that it can generate a decent return for vacation rentals, particularly in the tourist-friendly Albufeira region. However, given that the listing price is only 2.7% above fair value, the potential for significant short-term rental income may be somewhat limited. Buy-and-hold As a buy-and-hold investment, this property offers a fair valuation that aligns closely with its current listing price. Though the neighborhood's rating of 68/100 suggests some potential, investors should note the slim margin against fair value, indicating limited appreciation opportunity. Long-term rental For long-term rental prospects, the apartment's condition rating of 80/100 is appealing, contributing to its overall livability. Yet, with a fair value only slightly below the listing price, the investment may yield moderate returns, which could challenge profitability in a competitive rental market.
Tenant turnover risk The tenant stability score of 50/100 indicates a higher likelihood of tenant turnover, which may lead to increased vacancy rates and additional costs for property management.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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