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 41 m² on the 1st floor, built in 1985, energy rating C. Located on rua dos Mosaicos Romanos, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes access to a shared swimming pool and secured grounds, enhancing both leisure and safety for residents and guests alike.
The valuation. The asking price of €135,000 is positioned €16,395 (10.8%) below the fair value of €151,395, aligning with a fair valuation. This property reflects a balanced pricing situation in the current market. Buy-to-flip angle. A resale strategy could capitalize on the property’s competitive location, aiming for a short-term refurbishment to enhance appeal before listing. This approach targets a quick exit at a profit. Buy-to-let angle. With an estimated gross yield of 6.7%, the property offers lucrative rental potential, particularly leveraging its location for short-term vacation rentals. This strategy maximizes steady cash flow from the thriving Algarve tourism.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Mosaicos Romanos | Subject | €135,000 | €3,293 | — | — | 75 |
| rua Agosto Azul | Active | €325,000 | €3,533 | 7.3% | 65 | 70 |
| Portimão · 3a701f | Active | €350,000 | €3,763 | 14.3% | — | 70 |
| Portimão · 1339f6 | Active | €373,000 | €3,806 | 15.6% | — | 77 |
| Portimão · 0c05fa | Active | €269,000 | €3,635 | 10.4% | 65 | 70 |
| Median comp | €337,500 | €3,699 | 12.3% | 65 | 70 |
Short-term vacation rental This property, while offering a robust gross yield of 6.7%, is not ideally positioned with a condition score of 0/100, indicating significant immediate upkeep needs. Given the Algarve's strong tourism appeal, the investment may serve well for short-term rentals, but investors should be mindful of the gap between listing and fair value at 10.8%. Long-term rental The property presents a fair valuation scenario; however, its current condition score of 0/100 suggests substantial renovations are required before it could yield steady income from long-term tenants. With the neighborhood rated 75/100 and the Algarve's overall market demand steady, this property could provide reasonable returns but might involve considerable initial investment. Buy-and-hold While the property is priced fairly, its poor condition (0/100) and the necessity for renovations may impede immediate appreciation in a competitive market like Portimão. Although the long-term outlook appears stable due to the area's consistent demand, the 10.8% gap from fair value presents a cautionary signal for potential investors seeking a buy-and-hold strategy.
Economic fluctuations risk With an economic stability score of 70/100, there is a possibility of adverse market conditions impacting property value and rental income.
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