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 68 m² on the 12th floor, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts panoramic views over the river from the 12th floor and direct access to a communal swimming pool, enhancing both leisure and rental appeal.
The valuation. The asking price of €300,000 is slightly below the fair value of €306,266, representing a 2.0% discount. This positions the property at a fair valuation, making it an appealing investment opportunity.
Fair value modelled at €306,266 from 6 comparable sales in the area. Asking €300,000 sits €6,266 (2.0%) below — the upside to fair value.
Asking €300,000 versus the Portimão, Portimão, Faro area baseline of €283,197 (€4,165/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €283,197, adjusted for condition and micro-location, gives a modelled fair value of €306,266 (€4,504/m²), a €6,266 (2.0%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 096e09 | Subject | €300,000 | €4,412 | — | 70 | 73 |
| travessa das Piscinas Municipais, 2 | Active | €490,000 | €10,426 | 136.3% | 72 | 70 |
| Portimão · 86cbb7 | Active | €325,000 | €4,392 | 0.5% | 70 | 70 |
| avenida Tomás Cabreira | Active | €325,000 | €4,392 | 0.5% | 70 | 71 |
| Portimão · 4681fa | Active | €215,000 | €4,216 | 4.4% | 72 | 66 |
| Median comp | €325,000 | €4,392 | 0.4% | 71 | 70 |
Short-term vacation rental The apartment's proximity to tourist attractions in the Algarve makes it a suitable candidate for short-term vacation rentals, offering the potential to capitalize on seasonal demand. However, with a gross yield of 3.5%, the return may not sufficiently offset the initial investment price of €300,000, which is only 2% below the fair value. Long-term rental As a long-term rental, this property benefits from stable demand in Portimão, especially considering its size and functional layout for potential tenants. Given its fair valuation at €306,266, the yield of 3.5% reflects a balanced approach yet indicates a limitation in profit maximization potential. Family rental The apartment's spacious layout and decent neighborhood ratings suggest it could serve as an appealing option for families seeking stable housing in Portimão. However, with its fair valuation positioning it close to market averages, prospects for rental income growth appear limited under current conditions.
Economic Vulnerability The economic stability score of 65 indicates potential fluctuations in the market that could impact rental income or property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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