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.
3-bedroom, 3-bathroom house of 201 m², energy rating D. Located Portimão parish, Portimão municipality, Faro district. The property includes an independent T1 annex, providing versatile options for guests, a home office, or rental income.
The valuation. The asking price of €685,000 is considerably above the fair value of €509,745, creating a disparity of €175,255 (34.4%). This property is deemed overpriced.
Fair value modelled at €509,745 from 6 comparable sales in the area. Asking €685,000 sits €175,255 (34.4%) above — overpriced versus fair value.
Asking €685,000 versus the Portimão, Portimão, Faro area baseline of €500,416 (€2,490/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €500,416, adjusted for condition and micro-location, gives a modelled fair value of €509,745 (€2,536/m²), a €175,255 (34.4%) gap versus the €685,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 78809d | Subject | €685,000 | €3,408 | — | 65 | 73 |
| Portimão · 1442b6 | Active | €595,000 | €3,790 | 11.2% | — | 73 |
| rua Vale de Lagar S / N | Active | €620,000 | €3,298 | 3.2% | 65 | 69 |
| rua das Tílias | Active | €499,000 | €1,996 | 41.4% | 70 | 70 |
| Portimão · 2620cd | Active | €820,000 | €1,943 | 43.0% | 66 | 81 |
| Median comp | €607,500 | €2,647 | 22.3% | 66 | 72 |
Short-term vacation rental The listing price of €685,000 for this property is significantly above its fair value of €509,745, suggesting that it is overpriced in the current market. With a gross yield of just 3.5% and a condition score of 64, the potential returns may not justify the high entry cost for short-term rental investors. Buy-and-hold Investing in this property as a buy-and-hold strategy appears unwise given its overpriced status, with a fair value gap of 34.4%. The modest yield of 3.5% does not provide adequate compensation for a long-term investment in a seasonal tourism-driven economy. Family rental Acquiring this property for family rental use is not advisable due to its listing price exceeding fair value by over 34%. The neighborhood rating of 73 suggests decent quality, but the high purchase price coupled with low yield limits the attractiveness for family tenants seeking affordability.
Economic and Tenant Instability The investment may be at risk due to a relatively low Economic Stability score of 70 and a Tenant Stability score of 65, indicating potential fluctuations in income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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