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, 1-bathroom apartment of 97 m². Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a spacious balcony that enhances outdoor living potential and is situated within walking distance to the picturesque beaches of Portimão.
The valuation. The asking price of €275,000 is €20,153 (6.8%) below the fair value of €295,153, placing it squarely at a fair valuation. This indicates that the property is priced appropriately according to market standards.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 2d81ae | Subject | €275,000 | €2,835 | — | — | 73 |
| Portimão · 38b71f | Active | €245,000 | €3,182 | 12.2% | 56 | 70 |
| Portimão · 43921c | Active | €290,000 | €2,959 | 4.4% | 70 | 62 |
| Portimão · 1625c3 | Active | €265,000 | €2,978 | 5.0% | 55 | 72 |
| Portimão · 33bd09 | Active | €295,000 | €2,921 | 3.0% | — | 66 |
| Median comp | €277,500 | €2,969 | 4.7% | 56 | 68 |
Short-term vacation rental The property, while yielding a gross return of 5%, is priced at a fair value that does not significantly increase its attractiveness for short-term vacation rentals. Given Portimão's popularity in the Algarve, the rental demand is consistent, but the current valuation indicates it is priced appropriately rather than as a hidden opportunity. Family rental With a neighborhood quality score of 73/100 and a fair valuation slightly below the asking price, the property serves as a reasonable option for family rentals in a desirable coastal area. However, its current pricing suggests that there are no significant advantages compared to other available rental options. Buy-and-hold The 2-bed apartment in Portimão aligns with a buy-and-hold strategy due to its location within a thriving tourist market and the fair value assessment reflecting its potential for stable investment. Despite this, its current valuation doesn't indicate a compelling positioning for significant long-term appreciation. Not ideal for student housing Given the prevailing conditions and the neighborhood ratings, this property does not cater well to the student housing market, which generally seeks lower-priced options. The fair market value indicates there are better-suited investment opportunities available in this segment. Not ideal for luxury market This property is not positioned within the luxury market, as its valuation is aligned with the general price range rather than premium segments. Its fair value does not support expectations for high-end demand or return potential typical of luxury investments. Not ideal for value-add renovation Given the apartment's condition rating of 0/100 and fair pricing, it is not suitable for value-add renovation strategies that rely on significant capital improvements and returns on investment. The current state of the property suggests it is already reflective of its value rather than having ample opportunity for enhancement.
Economic Vulnerability The economic stability score of 68/100 indicates a potential risk of economic downturn that could affect rental income and property value. Tenant Turnover Risk With a tenant stability score of 69/100, there may be a higher likelihood of tenant turnover, which can lead to increased vacancy rates and lost revenue.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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