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.
1-bedroom, 1-bathroom apartment of 68 m² on the 6th floor, built in 1995, energy rating D. Located on praceta Afonso de Albuquerque, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment includes a spacious balcony with potential for outdoor living and is conveniently located just a 5-minute walk from the renowned Praia da Rocha.
The valuation. The asking price of €325,000 is above fair value of €298,917 by €26,083 (8.7%). This property is priced in line with fair market value.
Fair value modelled at €298,917 from 6 comparable sales in the area. Asking €325,000 sits €26,083 (8.7%) above — overpriced versus fair value.
Asking €325,000 versus the praceta Afonso de Albuquerque area baseline of €287,507 (€4,228/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €287,507, adjusted for condition and micro-location, gives a modelled fair value of €298,917 (€4,396/m²), a €26,083 (8.7%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Afonso de Albuquerque | Subject | €325,000 | €4,779 | — | 65 | 80 |
| Portimão · f10a94 | Active | €255,000 | €4,180 | 12.5% | 65 | 67 |
| avenida Tomás Cabreira | Active | €350,000 | €4,321 | 9.6% | 65 | 81 |
| Portimão · 831818 | Active | €230,000 | €4,340 | 9.2% | 54 | 70 |
| Portimão · 3750a7 | Active | €318,000 | €4,609 | 3.6% | 70 | 72 |
| Median comp | €286,500 | €4,331 | 9.4% | 65 | 71 |
Short-term vacation rental The property presents a fair investment for short-term vacation rental amidst the attractive Algarve market, boasting a competitive gross yield of 3.3%. However, with a fair value gap of 8.7%, careful consideration of market dynamics is essential to assess return potential. Luxury market Positioned within a desirable neighbourhood rated 80/100, this apartment could appeal to luxury market buyers interested in the Algarve's high-end offerings. However, the fair valuation suggests that caution is warranted, as the property is fairly priced rather than a bargain. Buy-and-hold As a buy-and-hold opportunity, this property benefits from the steady housing demand in Portimão, driven by tourists and expatriates seeking long-term living options. Yet, with pricing at a fair level, potential investors should evaluate future appreciation carefully against market trends to ensure a viable investment strategy.
Economic Vulnerability The property faces potential economic risks due to a moderate economic stability score of 70/100, which may indicate fluctuations in local market conditions.
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