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.
4-bedroom, 5-bathroom house of 309 m², built in 1981, energy rating C. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This property includes a borehole and a well, providing sustainable water access, and boasts a large landscaped plot with various fruit trees, enhancing its appeal for outdoor living.
The valuation. The asking price of €1,100,000 is significantly above the fair value of €493,085, representing a premium of €606,915 (123.1%). This property is clearly overpriced. Buy-to-flip angle. A buy-to-flip strategy may require investment in staging and marketing to attract buyers, aiming for a profitable resale based on local market demand. Buy-to-let angle. Given the property’s location in a tourist-friendly area of Algarve, it could generate steady rental income through short-term vacation rentals, although current gross yield stands at 0% due to the high asking price.
Fair value modelled at €493,085 from 6 comparable sales in the area. Asking €1,100,000 sits €606,915 (123.1%) above — overpriced versus fair value.
Asking €1,100,000 versus the Portimão, Portimão, Faro area baseline of €545,007 (€1,764/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €545,007, adjusted for condition and micro-location, gives a modelled fair value of €493,085 (€1,596/m²), a €606,915 (123.1%) gap versus the €1,100,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 51cb2a | Subject | €1,100,000 | €3,560 | — | 82 | 72 |
| Portimão · 51b468 | Active | €3,500,000 | €15,982 | 348.9% | 90 | 72 |
| calçada Individual | Active | €600,000 | €1,596 | 55.2% | 45 | 71 |
| calçada Individual | Active | €600,000 | €1,596 | 55.2% | 45 | 74 |
| calçada Individual | Active | €600,000 | €1,596 | 55.2% | 38 | 73 |
| Median comp | €600,000 | €1,596 | 55.2% | 45 | 73 |
Short-term vacation rental Despite its location in a desirable tourist area, the property's listing price is €1,100,000, significantly above its fair value of €493,085, suggesting it is overpriced. With a gross yield of 0%, the financial return potential is not aligned with the market expectations for short-term vacation rentals in the Algarve. Buy-and-hold Investing in this property as a buy-and-hold strategy does not appear favorable, as it is listed at €1,100,000, far exceeding the fair value of €493,085, indicating it is overpriced. The low yield of 0% coupled with the high purchase price limits long-term appreciation and cash flow opportunities typically expected in a buy-and-hold investment strategy.
Tenant turnover risk Higher tenant turnover may occur due to a tenant stability score of 70/100, potentially affecting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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