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 145 m² on the 1st floor, built in 2010, energy rating B. Located on rua Infante Dom Henrique, 3, Ferragudo parish, Lagoa municipality, Faro district. Noteworthy Features: This top-floor apartment benefits from a generous 46.5 m² private terrace, providing an ideal space for outdoor entertaining with breathtaking, unobstructed views of the Arade River.
The valuation. The asking price of €455,000 is slightly above the fair value of €427,931, representing a difference of €27,069, or 6.3%. This property is positioned at a fair market price.
Fair value modelled at €427,931 from 6 comparable sales in the area. Asking €455,000 sits €27,069 (6.3%) above — overpriced versus fair value.
Asking €455,000 versus the rua Infante Dom Henrique, 3 area baseline of €443,735 (€3,060/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €443,735, adjusted for condition and micro-location, gives a modelled fair value of €427,931 (€2,951/m²), a €27,069 (6.3%) gap versus the €455,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Infante Dom Henrique, 3 | Subject | €455,000 | €3,138 | — | 80 | 65 |
| rua Infante Dom Henrique, 3 | Active | €470,000 | €3,241 | 3.3% | 78 | 77 |
| Portimão · fb292b | Active | €560,000 | €2,605 | 17.0% | 78 | 71 |
| Portimão · 1f3429 | Active | €565,000 | €3,038 | 3.2% | 73 | 77 |
| Portimão · 1338c9 | Active | €318,000 | €2,865 | 8.7% | 78 | 74 |
| Median comp | €515,000 | €2,952 | 5.9% | 78 | 76 |
Short-term vacation rental The property in Ferragudo offers a gross yield of 3.3%, which aligns with the area’s tourist-centric economy, suggesting reasonable income potential for short-term vacation rentals. Although the gap to fair value is only 6.3%, the property appears to be appropriately priced for the current market conditions. Buy-and-hold With a fair value of €427,931, the 3-bed apartment is currently listed at €455,000, indicating a fair assessment of its potential as a buy-and-hold investment. The average condition score of 83 suggests that the property could maintain its value over time, but the minimal gap to fair value limits immediate upside. Value-add renovation The apartment's condition score of 83 implies some room for improvement, which can be leveraged through a value-add renovation strategy. Given that the property is listed at a fair value with only a 6.3% discrepancy, any renovations must be approached cautiously to ensure that the investment remains aligned with market expectations.
Economic Volatility Risk With an economic stability score of 65/100, there is a moderate risk of downturn impacting rental demand and occupancy rates. Tenant Turnover Risk A tenant stability score of 60/100 indicates potential challenges in maintaining long-term tenants, which could lead to increased vacancy rates and property management costs.
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