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, 2-bathroom apartment of 68 m² on the 2nd floor, energy rating D. Located on avenida Tomás Cabreira, 4, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts high ceilings that enhance its spacious feel, alongside ornate ceiling details that reflect its traditional style and quality finishings.**
The valuation. The asking price of €335,000 is significantly above the fair value of €261,590, presenting a discrepancy of €73,410 (28.1%). This property is considered overpriced based on current market conditions.
Fair value modelled at €261,590 from 6 comparable sales in the area. Asking €335,000 sits €73,410 (28.1%) above — overpriced versus fair value.
Asking €335,000 versus the avenida Tomás Cabreira, 4 area baseline of €233,508 (€3,434/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €233,508, adjusted for condition and micro-location, gives a modelled fair value of €261,590 (€3,847/m²), a €73,410 (28.1%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Tomás Cabreira, 4 | Subject | €335,000 | €4,926 | — | 70 | 76 |
| Portimão · 8ee75d | Active | €325,000 | €3,963 | 19.5% | 80 | 71 |
| Portimão · ba5a38 | Active | €310,000 | €3,827 | 22.3% | 74 | 73 |
| Portimão · 03255d | Active | €290,000 | €3,867 | 21.5% | 72 | 73 |
| Portimão · 6eb9ec | Active | €290,000 | €3,867 | 21.5% | 70 | 72 |
| Median comp | €300,000 | €3,867 | 21.5% | 73 | 73 |
Short-term vacation rental The property, listed at €335,000, is overpriced by 28.1% compared to its fair value of €261,590, which undermines its potential as a viable short-term rental investment. While the location in Algarve benefits from a strong tourism market, the low gross yield of 3.9% further decreases its attractiveness for investors looking to capitalize on vacation rentals. Long-term rental With a fair value of €261,590, this property is currently overpriced by 28.1% at €335,000, which diminishes its appeal for long-term rental strategies. The gross yield of 3.9% falls below acceptable thresholds, raising concerns about sustainable income in an otherwise desirable neighborhood. Buy-and-hold The property is listed at €335,000, positioning it 28.1% above its fair value of €261,590, making it a less favorable option for a buy-and-hold investment strategy. The current yield of 3.9% does not reflect a compelling long-term investment, especially in a region driven by fluctuating tourism demand.
Economic fluctuation risk The economic stability score of 70/100 indicates potential vulnerability to market fluctuations that could impact rental income and property value.
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