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, 2-bathroom apartment of 66 m², built in 1986. Located on rua 16 de Maio, Portimão parish, Portimão municipality, Faro district. This property boasts unique architectural elements, including a floating wooden staircase illuminated by integrated LED lighting and stylish black steel-framed glass partitions, showcasing exceptional craftsmanship.
The valuation. The asking price of €295,000 sits below the fair value of €313,204, representing a variance of €18,204 (5.8%). This positions the property as fairly priced in the current market.
Fair value modelled at €313,204 from 6 comparable sales in the area. Asking €295,000 sits €18,204 (5.8%) below — the upside to fair value.
Asking €295,000 versus the rua 16 de Maio area baseline of €273,949 (€4,151/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €273,949, adjusted for condition and micro-location, gives a modelled fair value of €313,204 (€4,746/m²), a €18,204 (5.8%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 16 de Maio | Subject | €295,000 | €4,470 | — | 90 | 73 |
| Portimão · 25f60f | Active | €355,000 | €3,550 | 20.6% | 76 | 65 |
| Portimão · 99f0f0 | Active | €355,000 | €5,000 | 11.9% | 78 | 72 |
| rua 16 de Maio | Active | €355,000 | €5,000 | 11.9% | 78 | 70 |
| Portimão · 38acd7 | Active | €355,000 | €5,000 | 11.9% | 75 | 75 |
| Median comp | €355,000 | €5,000 | 11.9% | 77 | 71 |
Short-term vacation rental The property, listed at €295,000, is fairly aligned with its fair value of €313,204, suggesting limited immediate upside. However, the gross yield of 3.2% in a tourism-friendly area could pose challenges in capitalizing on high rental demand during peak seasons due to the high asking price. Long-term rental With a fair valuation at €313,204, the current listing indicates that potential returns from long-term rentals are not particularly compelling, yielding only 3.2%. The property’s condition rating of 84/100 could attract tenants, but the overall rent-to-price ratio may not offer enough incentive to pursue this strategy actively. Buy-and-hold Investing in this property at €295,000 offers steady holding potential given the fair value assessment of €313,204. Nonetheless, the low yield of 3.2% combined with seasonal tourism fluctuations could challenge the overall investment growth over time.
Economic volatility risk The economic stability score of 75/100 indicates a moderate risk of economic fluctuations which could impact tenant retention and overall property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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