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, 1-bathroom house of 126 m², built in 2012, energy rating E. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This property boasts a 115.30 m² rooftop terrace, perfect for outdoor entertainment, and a closed garage with the capacity for two vehicles, enhancing convenience.
The valuation. The asking price of €455,000 is slightly above the fair value of €443,141, reflecting a difference of €11,859 (2.7%). This property is fairly valued in the context of current market conditions.
Fair value modelled at €443,141 from 6 comparable sales in the area. Asking €455,000 sits €11,859 (2.7%) above — overpriced versus fair value.
Asking €455,000 versus the Portimão, Portimão, Faro area baseline of €363,296 (€2,883/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €363,296, adjusted for condition and micro-location, gives a modelled fair value of €443,141 (€3,517/m²), a €11,859 (2.7%) gap versus the €455,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 51b731 | Subject | €455,000 | €3,611 | — | 80 | 76 |
| rua dos Pinheiros | Active | €460,000 | €2,201 | 39.1% | 71 | 73 |
| rua Vila Lobos, 41 | Active | €269,000 | €3,736 | 3.5% | 80 | 73 |
| urbanização António Joaquim Duarte, 23 | Active | €390,000 | €2,708 | 25.0% | 68 | 74 |
| rua Vila Lobos, 41 | Active | €269,000 | €3,736 | 3.5% | 74 | 74 |
| Median comp | €329,500 | €3,222 | 10.8% | 73 | 74 |
Short-term vacation rental The property in Portimão appeals to the short-term vacation rental market due to its location in a popular tourist region of Algarve, which drives consistent occupancy rates. However, with a gross yield of 3.1%, it is important to recognize that the investment returns are modest given the fair valuation of €455,000. Long-term rental With a fair value of €443,141 and a relatively stable rental market, this property could provide steady income through long-term rentals in a neighborhood that scores 76/100. However, the gross yield of 3.1% suggests that while the investment is solid, it does not present significant opportunity for above-average returns in the current market. Buy-and-hold Investing in this property as a buy-and-hold strategy could leverage the tourist-driven local economy, given the neighborhood's average conditions and amenities. Nonetheless, priced at €455,000 and against an assessed fair value of €443,141, it indicates a cautious approach is advisable as the appreciation potential appears limited given current yield expectations.
Economic and Tenant Stability Risk: With both economic stability and tenant stability scores at 75/100, there is a moderate risk of fluctuations in income and tenant turnover that could impact cash flow and property value negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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