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 117 m² on the 4th floor, energy rating B. Located on rua Salgueiro Maia, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment includes two dedicated parking spaces and a solar panel system for water heating, enhancing both convenience and energy efficiency.
The valuation. The asking price of €399,000 is €101,862 (34.3%) above the fair value of €297,138, indicating that the property is overpriced. This discrepancy suggests potential challenges for achieving an attractive return on investment.
Fair value modelled at €297,138 from 6 comparable sales in the area. Asking €399,000 sits €101,862 (34.3%) above — overpriced versus fair value.
Asking €399,000 versus the rua Salgueiro Maia area baseline of €240,652 (€2,057/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €240,652, adjusted for condition and micro-location, gives a modelled fair value of €297,138 (€2,540/m²), a €101,862 (34.3%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Salgueiro Maia | Subject | €399,000 | €3,410 | — | 75 | 73 |
| rua Francisco Alvo, 5 | Active | €435,000 | €2,277 | 33.2% | 78 | 75 |
| Portimão · 8ee91c | Active | €479,000 | €2,508 | 26.5% | 75 | 71 |
| Portimão · 1f36ac | Active | €450,000 | €3,488 | 2.3% | 74 | 62 |
| Portimão · 65a47c | Active | €360,000 | €2,571 | 24.6% | 70 | 72 |
| Median comp | €442,500 | €2,540 | 25.5% | 75 | 72 |
Short-term vacation rental The property’s listing price of €399,000 represents a significant mismatch with its fair value of €297,138, making it overpriced by 34.3%. With a gross yield of only 3.4%, the returns for a short-term vacation rental strategy are not competitive in the current market landscape, which may deter potential investors. Long-term rental Given its overpriced status, the €399,000 valuation for this 2-bed apartment is not justified when compared to the fair value, showing a gap of 34.3%. The gross yield of 3.4% further indicates that the property is unlikely to generate sufficient cash flow or appreciation for a viable long-term rental investment. Buy-and-hold The high listing price of €399,000, exceeding the fair value by 34.3%, positions this property unfavorably for a buy-and-hold investment strategy. With a gross yield of only 3.4%, the anticipated returns do not align with the risks, making it less appealing for long-term capital appreciation. Not ideal for This property is not suitable for the luxury market, student housing, or industrial purposes due to its pricing and condition. Furthermore, the neighborhood amenities and tenant quality do not support these investment strategies effectively.
Economic Vulnerability The economic stability score of 70/100 indicates a moderate risk, as fluctuations in the local economy could impact tenant reliability and rental income stability.
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