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, 2-bathroom house of 200 m², energy rating B. Located on praceta de Abraão, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The villa boasts a game room with a bar and a private lounge/conservatory, enhancing its appeal for entertaining guests year-round.
The valuation. The asking price of €890,000 sits below the fair value of €976,716, indicating a minor adjustment of €86,716 or 8.9%. This property is fairly priced in relation to its market value. Buy-to-flip angle. Given its solid condition and desirable location, a buy-to-flip strategy may yield attractive returns by enhancing aesthetic features before relisting in a competitive market. The potential resale can capitalize on the growing demand in the Algarve. Buy-to-let angle. A rental strategy could generate an estimated gross yield of 2.4%, with potential monthly income around €1,780. This aligns well with the area's tourist-driven demand and established expat communities.
Fair value modelled at €976,716 from 6 comparable sales in the area. Asking €890,000 sits €86,716 (8.9%) below — the upside to fair value.
Asking €890,000 versus the praceta de Abraão area baseline of €983,752 (€4,919/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €983,752, adjusted for condition and micro-location, gives a modelled fair value of €976,716 (€4,884/m²), a €86,716 (8.9%) gap versus the €890,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta de Abraão | Subject | €890,000 | €4,450 | — | 62 | 76 |
| Portimão · 6a918d | Active | €378,000 | €2,681 | 39.8% | 75 | 72 |
| Portimão · 0dcc98 | Active | €1,480,000 | €11,473 | 157.8% | 78 | 72 |
| rua Cabeço Esteves | Active | €995,000 | €4,877 | 9.6% | 74 | 67 |
| estrada do Belmonte S / N | Active | €665,000 | €4,890 | 9.9% | 70 | 63 |
| Median comp | €830,000 | €4,884 | 9.7% | 75 | 70 |
Long-term rental The property offers a gross yield of 2.4%, aligning with the market dynamics of Portimão, which features a solid tenant quality in the area. Given the listing price of €890,000, this investment reflects a fair valuation compared to its fair value of €976,716, indicating potential stability for long-term rental income. Short-term vacation rental With the Algarve being a tourist-driven market, this property presents opportunities for vacation rentals, appealing to both tourists and established expats. However, with a fair valuation at €976,716 versus the asking price of €890,000, the investment holds a fair stance, indicating balanced risk and reward in this competitive sector. Buy-and-hold Investing in this property serves as a solid buy-and-hold opportunity, benefitting from the area's robust tourism and expat presence. The asking price of €890,000 sits at a fair valuation relative to the property's assessed fair value of €976,716, giving it a level of long-term investment appeal for capital appreciation. Not ideal for student housing While the Portimão area enjoys a diverse demographic, the property does not cater effectively to student housing needs due to its price point and the type of accommodation offered. Thus, the investment strategy would not be conducive for attracting student tenants despite the area's proximity to amenities and quality neighborhoods.
Economic Downturn Risk With an economic stability score of 70/100, there is a potential risk that economic factors could negatively impact tenant demand and rental income stability.
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