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 duplex of 60 m², energy rating E. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The duplex includes a convenient air conditioning unit and a private parking space, making it ideal for both seasonal and year-round living by the beach.
The valuation. The asking price of €315,000 sits €51,329 (19.5%) above the fair value of €263,671, indicating the property is overpriced. This significant gap suggests potential buyers should proceed with caution. Buy-to-flip angle. A buy-to-flip strategy may involve minor renovations to enhance appeal before re-listing at a higher price point. Targeting short-term vacationers could maximize resale potential in the Algarve's active market. Buy-to-let angle. The estimated rental income of €788/month yields a gross yield of 3%. The area's attractiveness for tourists and expatriates supports a strategy of long-term or short-term rentals to enhance cash flow.
Fair value modelled at €263,671 from 6 comparable sales in the area. Asking €315,000 sits €51,329 (19.5%) above — overpriced versus fair value.
Asking €315,000 versus the Portimão, Portimão, Faro area baseline of €258,186 (€4,303/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €258,186, adjusted for condition and micro-location, gives a modelled fair value of €263,671 (€4,395/m²), a €51,329 (19.5%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 0c062d | Subject | €315,000 | €5,250 | — | 68 | 75 |
| Portimão · 7cab57 | Active | €530,000 | €6,974 | 32.8% | 62 | 77 |
| rua do Fojo, 39 | Active | €199,000 | €3,755 | 28.5% | 65 | 72 |
| Portimão · 57fb2d | Active | €240,000 | €4,068 | 22.5% | 68 | 71 |
| Portimão · f10a94 | Active | €255,000 | €4,180 | 20.4% | 65 | 67 |
| Median comp | €247,500 | €4,124 | 21.4% | 65 | 72 |
Short-term vacation rental The current listing price of €315,000 for this duplex represents a significant 19.5% premium over the fair value of €263,671, making it an overpriced investment for vacation rentals. The gross yield of 3% is relatively low, which further diminishes the potential profitability in a competitive short-term market dominated by more appealing options. Long-term rental At a listing price of €315,000, the property is 19.5% above its fair value of €263,671, indicating that it is overpriced for long-term rental purposes. The yield of 3% gross does not align well with typical investor expectations, suggesting limited return potential in a demanding rental market. Buy-and-hold With the property’s current price of €315,000 being 19.5% above the fair value of €263,671, it is clearly overpriced for a buy-and-hold strategy. This situation is compounded by a modest gross yield of 3%, signaling a lack of attractiveness for long-term property appreciation in a competitive real estate landscape.
Economic Vulnerability The economic stability score of 70/100 indicates a moderate risk of economic downturns that could impact property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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