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 108 m², energy rating B. Located on rua Frei Miguel da Anunciação, 4, Portimão parish, Portimão municipality, Faro district. This property features a sunroom currently used as a dining room, and a shared backyard, enhancing outdoor living options.
The valuation. The asking price of €260,000 is slightly below the fair value of €273,064, representing a 4.8% difference. This indicates a fair valuation for the property based on current market conditions.
Fair value modelled at €273,064 from 6 comparable sales in the area. Asking €260,000 sits €13,064 (4.8%) below — the upside to fair value.
Asking €260,000 versus the rua Frei Miguel da Anunciação, 4 area baseline of €264,426 (€2,448/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €264,426, adjusted for condition and micro-location, gives a modelled fair value of €273,064 (€2,528/m²), a €13,064 (4.8%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Frei Miguel da Anunciação, 4 | Subject | €260,000 | €2,407 | — | 62 | 60 |
| urbanização da Raminha em Portimão | Active | €299,000 | €2,990 | 24.2% | 72 | 74 |
| Alvor · 2fca7d | Active | €380,000 | €2,585 | 7.4% | 70 | 72 |
| praceta da Borralha | Active | €330,000 | €2,598 | 7.9% | 72 | 73 |
| rua Sito das Sesmarias | Active | €393,000 | €2,472 | 2.7% | 70 | 70 |
| Median comp | €355,000 | €2,592 | 7.6% | 71 | 73 |
Short-term vacation rental This property offers a gross yield of 5.2%, which aligns with the strong seasonal tourism draw in Algarve, making it suitable for vacation rental use. However, with a fair value gap of only 4.8%, the pricing does not leave much room for immediate profit maximization in this strategy. Buy-and-hold The apartment is currently valued fairly at €260,000, which suggests moderate expectations for asset appreciation over time. With a yield of 5.2%, it could serve as a decent long-term investment but lacks a competitive edge given the current pricing scenario. Family rental Although the property has some appeal as a family rental option, the condition rating of 65/100 and neighborhood rating of 60/100 point to challenges in attracting higher-quality tenants. The current fair market value suggests that potential returns may not justify the investment when other options might be available at better prices.
Economic Vulnerability With an economic stability score of 50/100, the property faces a significant risk of economic downturns affecting its value and rental income stability.**
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
