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, 3-bathroom duplex of 158 m², built in 2005, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The duplex includes an expansive balcony that enhances indoor-outdoor living, along with direct access to well-kept communal pool facilities. Location: Situated just minutes from Três Castelos Beach.
The valuation. The asking price of €435,000 sits 9.5% below the fair value of €480,641, indicating a fair valuation with room for appreciation. This positions the property as a stable investment opportunity in the current market.
Fair value modelled at €480,641 from 6 comparable sales in the area. Asking €435,000 sits €45,641 (9.5%) below — the upside to fair value.
Asking €435,000 versus the Portimão, Portimão, Faro area baseline of €435,863 (€2,759/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €435,863, adjusted for condition and micro-location, gives a modelled fair value of €480,641 (€3,042/m²), a €45,641 (9.5%) gap versus the €435,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · e3ab27 | Subject | €435,000 | €2,753 | — | 68 | 72 |
| Ferragudo · efdc56 | Active | €449,900 | €3,357 | 21.9% | 74 | 70 |
| rua do Oceano Atlântico | Active | €425,000 | €2,690 | 2.3% | 70 | 65 |
| rua Maria Isabel Xavier Fogaça, 20 | Active | €360,000 | €2,857 | 3.8% | 73 | 66 |
| rua da Paz | Active | €410,000 | €3,203 | 16.3% | 74 | 72 |
| Median comp | €417,500 | €3,030 | 10.1% | 74 | 68 |
Long-term rental The property is priced at €435,000, which reflects a fair valuation in light of the estimated fair value of €480,641, resulting in minimal room for appreciation. The gross yield of 3.7% suggests that while it may generate steady income, the returns may be limited given the current market conditions. Short-term vacation rental At a listing price of €435,000, this duplex stands in line with the fair value of €480,641, indicating it is fairly priced for the vacation rental market. However, it offers only a modest 3.7% yield, which may deter some investors from pursuing short-term rental opportunities in this already competitive area. Buy-and-hold While the duplex is listed at a fair value of €435,000 versus a fair estimate of €480,641, the 3.7% yield points to limited capital growth potential in the long run. Given the overall condition rating of 72/100, the property is suitable for holding but may not provide significant appreciation or value enhancement over time.
Economic Downturn Risk With an economic stability score of 65/100, there is a significant risk of decreased demand or rental income in the event of a local economic downturn, potentially affecting the property's performance.
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