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.
2-bedroom, 2-bathroom apartment of 128 m², built in 2001, energy rating C. Located on rua da Paz, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment features an east-facing balcony perfect for morning sunlight and is sold fully furnished and equipped for immediate occupancy, enhancing convenience for residents or investors.
The valuation. The asking price of €410,000 is €32,360 (8.6%) above the fair value of €377,640. Therefore, this property can be deemed to be fairly priced, aligning with market expectations.
Fair value modelled at €377,640 from 6 comparable sales in the area. Asking €410,000 sits €32,360 (8.6%) above — overpriced versus fair value.
Asking €410,000 versus the rua da Paz area baseline of €321,381 (€2,511/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting 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 €321,381, adjusted for condition and micro-location, gives a modelled fair value of €377,640 (€2,950/m²), a €32,360 (8.6%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Paz | Subject | €410,000 | €3,203 | — | 74 | 72 |
| Portimão · efdcb4 | Active | €375,000 | €2,778 | 13.3% | 74 | 72 |
| travessa do Vale de Lagar, 6 | Active | €269,000 | €3,092 | 3.5% | 75 | 70 |
| Portimão · 1625b6 | Active | €420,000 | €3,043 | 5.0% | 76 | 68 |
| rua da Pedra S / N | Active | €374,900 | €3,073 | 4.1% | 72 | 73 |
| Median comp | €374,950 | €3,058 | 4.5% | 75 | 71 |
Short-term vacation rental This property offers a fair investment opportunity for short-term vacation rentals, with its strategic location near Algarve amenities enhancing its appeal to tourists. However, the seasonal nature of the region may result in fluctuating income streams, putting pressure on long-term financial stability. Buy-and-hold Acquiring this apartment as a buy-and-hold investment may yield modest returns, with a gross yield of 3.6% aligning with the fair value of €377,640. Prospective investors should be cautious of market volatility due to seasonality while considering long-term appreciation potential. Family rental Utilizing this property as a family rental could attract steady tenants, given its satisfactory condition rating of 77/100 and a fair neighborhood score of 72/100. While it presents decent rental income potential, investors should be aware that the rental market might be influenced by seasonality and economic conditions in the Algarve region.
Economic-tenant instability risk The combination of a moderate economic stability score of 70/100 and a lower tenant stability score of 60/100 suggests potential challenges in maintaining consistent rental income, as less stable tenants may lead to higher vacancy rates or late payments.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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