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, 2-bathroom house of 150 m², built in 1977, energy rating E. Located on rua Heróis da Restauração, 21, Portimão parish, Portimão municipality, Faro district. Noteworthy feature: The ground floor garage has ample space for multiple vehicles or professional use, indicating strong potential for lucrative rental opportunities or business ventures in a central location.
The valuation. The asking price of €250,000 is significantly below the fair value of €340,512, indicating a potential undervaluation of €90,512 (26.6%). This presents an opportunity for buyers looking to acquire below market value.
Fair value modelled at €340,512 from 6 comparable sales in the area. Asking €250,000 sits €90,512 (26.6%) below — the upside to fair value.
Asking €250,000 versus the rua Heróis da Restauração, 21 area baseline of €365,603 (€2,437/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €365,603, adjusted for condition and micro-location, gives a modelled fair value of €340,512 (€2,270/m²), a €90,512 (26.6%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Heróis da Restauração, 21 | Subject | €250,000 | €1,667 | — | 53 | 69 |
| Estômbar e Parchal · 0c05a1 | Active | €450,000 | €2,083 | 25.0% | 58 | 70 |
| Portimão · 4a44c3 | Active | €230,000 | €2,130 | 27.8% | — | 67 |
| Estômbar e Parchal · 1624b2 | Active | €427,000 | €3,235 | 94.1% | 60 | 76 |
| Portimão · 19f5e0 | Active | €480,000 | €2,424 | 45.5% | 70 | 70 |
| Median comp | €438,500 | €2,277 | 36.6% | 60 | 70 |
Short-term vacation rental The property in Portimão, valued at €340,512, is currently listed at €250,000, presenting a significant opportunity for a short-term vacation rental investment with a fair value gap of 26.6%. With a gross yield of 5.2%, this property is strategically positioned to attract tourists in a region known for its safety and appealing amenities. Long-term rental Given the favourable gap between the listing price and its fair value, investing in a long-term rental can yield consistent cash flow at a gross yield of 5.2%. The property benefits from its location in the tourist-driven Algarve, making it appealing to long-term tenants looking for quality housing in a popular area. Buy-and-hold This property represents a solid buy-and-hold investment opportunity, as its fair value of €340,512 suggests potential appreciation over time, despite the current listing price of €250,000. The average neighbourhood score of 69/100 indicates a balanced environment that supports long-term asset growth due to its attractiveness in the Algarve market.
Economic vulnerability The economic stability score of 60 indicates that the area may experience fluctuations that could impact rental income and property value negatively.
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