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 109 m² on the 2nd floor, built in 2021, energy rating A. Located on avenida Tomás Cabreira, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes a modern open-plan kitchen with direct access to generous balconies, enhancing entertaining and leisure opportunities. Proximity to Amenities: Located just 350 meters from Praia da Rocha, it offers an ideal vacation lifestyle.
The valuation. The asking price of €480,000 is approximately 8.9% above the fair value of €440,901. This indicates the property is fairly priced, which can be attractive to discerning investors.
Fair value modelled at €440,901 from 6 comparable sales in the area. Asking €480,000 sits €39,099 (8.9%) above — overpriced versus fair value.
Asking €480,000 versus the avenida Tomás Cabreira area baseline of €365,935 (€3,357/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €365,935, adjusted for condition and micro-location, gives a modelled fair value of €440,901 (€4,045/m²), a €39,099 (8.9%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Tomás Cabreira | Subject | €480,000 | €4,404 | — | 78 | 70 |
| rua da Vila Rosa S / N | Active | €647,000 | €5,882 | 33.6% | 80 | 74 |
| Portimão · 99f185 | Active | €515,000 | €3,679 | 16.5% | 75 | 78 |
| Portimão · 090095 | Active | €495,000 | €3,536 | 19.7% | 75 | 75 |
| Portimão · dc150a | Active | €675,000 | €5,153 | 17.0% | 76 | 76 |
| Median comp | €581,000 | €4,416 | 0.3% | 76 | 76 |
Short-term vacation rental The property is fairly priced, with a 3.1% gross yield that aligns with the strong demand from tourists in Portimão. Given the economic stability derived from tourism, the potential for short-term rental success remains robust, yet the current listing price does not present a compelling value opportunity. Long-term rental With a fair pricing point of €480,000, this apartment reflects a gross yield of 3.1%, which is moderate for long-term rental prospects in Portimão. Although the rental market remains stable due to consistent tenant demand, the appreciation potential is limited against the fair value assessment. Buy-and-hold The property’s fair valuation suggests that while it may appreciate in line with local market trends, the current pricing does not warrant a strong buy-and-hold case. Investors should consider the modest yield of 3.1%, combined with the overall economic context of the area, when assessing long-term holding strategies.
Economic Vulnerability With an economic stability score of 65/100, there is a significant risk that fluctuations in the local economy could affect property demand and rental income.
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