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.
5-bedroom, 4-bathroom apartment of 285 m² on the 1st floor, built in 1989, energy rating D. Located Portimão parish, Portimão municipality, Faro district. One noteworthy feature of this property is its expansive private interior terrace, thoughtfully designed with an outdoor kitchen and barbecue facilities, perfect for year-round entertaining.
The valuation. The asking price of €699,000 sits €149,689 above fair value, representing a 27.3% premium. This property is considered overpriced given the fair market opinion of €549,311.
Fair value modelled at €549,311 from 6 comparable sales in the area. Asking €699,000 sits €149,689 (27.3%) above — overpriced versus fair value.
Asking €699,000 versus the Portimão, Portimão, Faro area baseline of €546,280 (€1,917/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 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 €546,280, adjusted for condition and micro-location, gives a modelled fair value of €549,311 (€1,927/m²), a €149,689 (27.3%) gap versus the €699,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 57fc09 | Subject | €699,000 | €2,453 | — | 65 | 74 |
| rua Diogo Goncalves | Active | €487,500 | €1,741 | 29.0% | 70 | 70 |
| Portimão · f10c90 | Active | €440,000 | €2,280 | 7.0% | 70 | 70 |
| Portimão · 3a710f | Active | €365,000 | €2,433 | 0.8% | 73 | 69 |
| praceta da Fraternidade | Active | €446,000 | €2,114 | 13.8% | — | 72 |
| Median comp | €443,000 | €2,197 | 10.4% | 70 | 70 |
Short-term vacation rental The property is overpriced by 27.3% compared to its fair value, making it a less attractive option for short-term vacation rentals. Given the current yield of 0% gross, the potential return on investment appears limited in this tourism-heavy area. Buy-and-hold With a fair value of €549,311 versus a listing price of €699,000, this property is overpriced and may not yield a favorable return for a buy-and-hold strategy. The neighborhood score of 74/100 offers decent amenities but does not compensate for the diminished financial sense at this price point. Long-term rental The 0% gross yield indicates that this property will not generate immediate income, compounded by the fact that it is overpriced by 27.3% compared to its fair value. While the neighborhood has an attractive score of 74/100, the financial impracticality at this price renders long-term rental unappealing.
Economic Vulnerability A score of 65/100 in economic stability indicates a potential risk of economic downturns affecting tenant demand and rental income.
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