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.
4-bedroom, 4-bathroom apartment of 157 m² on the 5th floor, built in 1976, energy rating B. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment features expansive balconies showcasing panoramic views of Portimão and is strategically located near essential amenities including schools and restaurants, enhancing daily convenience.
The valuation. The asking price of €680,000 is significantly above the fair value of €506,881, indicating an overvaluation of €173,119 (34.2%). This discrepancy positions the property as overpriced in the current market.
Fair value modelled at €506,881 from 6 comparable sales in the area. Asking €680,000 sits €173,119 (34.2%) above — overpriced versus fair value.
Asking €680,000 versus the Portimão, Portimão, Faro area baseline of €461,215 (€2,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €461,215, adjusted for condition and micro-location, gives a modelled fair value of €506,881 (€3,229/m²), a €173,119 (34.2%) gap versus the €680,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 2fcabc | Subject | €680,000 | €4,331 | — | 68 | 75 |
| beco do Fojo | Active | €570,000 | €3,184 | 26.5% | 80 | 71 |
| Portimão · 1625d1 | Active | €1,275,000 | €11,087 | 156.0% | 80 | 71 |
| Portimão · 23f2cf | Active | €435,000 | €3,480 | 19.7% | 72 | 71 |
| Portimão · 82c82c | Active | €540,000 | €3,273 | 24.4% | 73 | 73 |
| Median comp | €555,000 | €3,377 | 22.0% | 77 | 71 |
Short-term vacation rental The property in Portimão, despite being in a sought-after tourist destination, is overpriced by 34.2%, presenting challenges for achieving strong rental yields. With a gross yield of only 2.5%, it may struggle to attract vacationers given its relatively high listing price compared to the fair value of €506,881. Long-term rental A long-term rental investment in this 4-bed apartment is not advisable due to its overpriced status, with a fair value gap of 34.2%. The gross yield of 2.5% is insufficient to offset the high acquisition cost, limiting the potential for favorable cash flow. Buy-and-hold Investing in this property with a buy-and-hold strategy is questionable, as it is priced above fair value by 34.2%. The low gross yield of 2.5% suggests that it may not deliver satisfactory returns over time in a market primarily driven by tourism activity.
Economic Volatility Risk The economic stability score of 65/100 indicates potential fluctuations in the local economy that could adversely affect rental income or property values.
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