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.
1-bedroom, 1-bathroom apartment of 76 m² on the 7th floor, built in 1991, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a 5.50 m² balcony with sea views, and residents can access premium amenities like a gym, indoor pool, and tennis courts for an additional fee.
The valuation. The asking price of €350,000 is just 1.1% below the fair value of €353,922, indicating that it is fairly priced. This positions the property attractively in the current market, aligning with its valuation metrics.
Fair value modelled at €353,922 from 6 comparable sales in the area. Asking €350,000 sits €3,922 (1.1%) below — the upside to fair value.
Asking €350,000 versus the Portimão, Portimão, Faro area baseline of €325,642 (€4,285/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 €325,642, adjusted for condition and micro-location, gives a modelled fair value of €353,922 (€4,657/m²), a €3,922 (1.1%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · 76aefa | Subject | €350,000 | €4,605 | — | 68 | 78 |
| Portimão · 096e09 | Active | €300,000 | €4,412 | 4.2% | 70 | 73 |
| travessa das Piscinas Municipais, 2 | Active | €490,000 | €10,426 | 126.4% | 72 | 70 |
| Portimão · 86cbb7 | Active | €325,000 | €4,392 | 4.6% | 70 | 70 |
| avenida Tomás Cabreira | Active | €325,000 | €4,392 | 4.6% | 70 | 71 |
| Median comp | €325,000 | €4,402 | 4.4% | 70 | 71 |
Short-term vacation rental The property in Portimão presents a potential for stable income generation through short-term vacation rentals, given its location in the Algarve, a popular tourist destination. However, with a fair value gap of merely 1.1%, this investment does not exhibit a significant upside compared to its listing price. Buy-and-hold As a buy-and-hold investment, this 1-bed apartment in Portimão may yield consistent returns, but the overall gross yield of 3.3% indicates modest rental performance. While the property is in fair condition with a neighborhood score of 78/100, the close alignment between listing and fair value suggests limited long-term appreciation potential. Luxury market In the luxury market segment, this property does not leverage strong investment fundamentals, as the gap between its listing price and fair value is minimal. The property’s appeal is somewhat tempered by its fair condition rating of 75/100, indicating that it may not sufficiently satisfy the expectations of luxury buyers looking for superior quality and exclusivity.
Economic Vulnerability The property has an economic stability score of 65/100, indicating potential susceptibility to economic downturns that could affect rental income.
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