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.
2-bedroom, 1-bathroom apartment of 80 m², built in 1985, energy rating D. Located Portimão parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a contemporary open-concept layout with abundant natural light and high-quality materials, including marble backsplashes and stainless steel appliances that elevate its aesthetic appeal.
The valuation. The asking price of €275,000 sits €19,945 below the fair value of €294,945, representing a 6.8% discount. With a fair verdict, this apartment is fairly priced in the current market.
Fair value modelled at €294,945 from 6 comparable sales in the area. Asking €275,000 sits €19,945 (6.8%) below — the upside to fair value.
Asking €275,000 versus the Portimão, Portimão, Faro area baseline of €247,419 (€3,093/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €247,419, adjusted for condition and micro-location, gives a modelled fair value of €294,945 (€3,687/m²), a €19,945 (6.8%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Portimão · e5544d | Subject | €275,000 | €3,438 | — | 88 | 73 |
| estrada do Alvor | Active | €275,000 | €3,438 | 0% | 85 | 72 |
| Portimão · a80adb | Active | €299,000 | €3,738 | 8.7% | 76 | 70 |
| Portimão · 8313bc | Active | €299,000 | €3,646 | 6.1% | 70 | 73 |
| rua Horta do Palácio | Active | €299,000 | €3,646 | 6.1% | 72 | 65 |
| Median comp | €299,000 | €3,646 | 6.1% | 74 | 71 |
Short-term vacation rental This property is situated in the Algarve, a popular tourist destination, yet its gross yield of 4.4% indicates it may not deliver strong performance in the short-term rental market. With a fair value gap of 6.8%, it's priced fairly but not compelling for guests looking for a lucrative rental experience. Long-term rental The property stands at a competitive price of €275,000, aligning closely with the fair value of €294,945, which supports its potential for stable long-term rental income. However, the 4.4% gross yield suggests that it may not be the best investment option compared to alternatives in the area. Family rental While the apartment's condition score of 82/100 and its location in Portimão make it suitable for family rental, the fair valuation indicates that there may be better opportunities available. The neighborhood score of 73/100 reflects decent amenities, but with minimal room for appreciation, families seeking rental options might find better value elsewhere.
Economic volatility risk The economic stability score of 65 indicates potential fluctuations in market conditions that could impact rental income.
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