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 40 m² on the 5th floor, built in 2005, energy rating E. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts a generous 13m² balcony, perfect for outdoor dining, and is situated just 1.5 km from the beach in a tranquil area with convenient access to amenities.
The valuation. The asking price of €250,000 sits significantly above the fair value of €183,554, resulting in an excess of €66,446, or 36.2%. Verdict: overpriced.
Fair value modelled at €183,554 from 6 comparable sales in the area. Asking €250,000 sits €66,446 (36.2%) above — overpriced versus fair value.
Asking €250,000 versus the Portimão, Portimão, Faro area baseline of €178,435 (€4,461/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €178,435, adjusted for condition and micro-location, gives a modelled fair value of €183,554 (€4,589/m²), a €66,446 (36.2%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · e54ffe | Subject | €250,000 | €6,250 | — | 62 | 69 |
| avenida das Comunidades Lusíadas, 3 | Active | €195,000 | €4,063 | 35.0% | 71 | 67 |
| avenida das Comunidades Lusíadas S / N | Active | €243,000 | €6,075 | 2.8% | 65 | 73 |
| Portimão · cfe06a | Active | €236,000 | €6,378 | 2.1% | — | 75 |
| avenida das Comunidades Lusíadas | Active | €224,000 | €4,766 | 23.7% | — | 71 |
| Median comp | €230,000 | €5,421 | 13.3% | 68 | 72 |
Short-term vacation rental The property is overpriced at €250,000 compared to the fair value of €183,554, making it a less attractive option for short-term rental returns. With a gross yield of only 4% and a relatively average condition rating of 65/100, the rental income may not justify the asking price. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its current valuation above fair market value, sitting at €250,000 instead of €183,554. The anticipated appreciation may not compensate for the elevated entry price, particularly with a modest yield of 4%. Family rental As a family rental, this property presents challenges as it is overpriced at €250,000, significantly higher than the fair value of €183,554. Given the condition score of 65/100 and the overall market dynamics, it may not attract families seeking quality accommodations at reasonable prices.
Economic Volatility Risk The economic stability score of 55/100 suggests a significant potential for economic fluctuations that could adversely impact property values.
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