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 6th floor, built in 1993, energy rating D. Located on avenida das Comunidades Lusíadas, Portimão parish, Portimão municipality, Faro district. Distinct Features: The apartment boasts a private terrace for outdoor relaxation and a south-facing balcony that enhances natural light and offers a pleasing view, ideal for beachside living.
The valuation. The asking price of €220,000 sits €25,793 (13.3%) above the fair value of €194,207, indicating the property is overpriced. This discrepancy suggests potential challenges in achieving a favorable return on investment.
Fair value modelled at €194,207 from 6 comparable sales in the area. Asking €220,000 sits €25,793 (13.3%) above — overpriced versus fair value.
Asking €220,000 versus the avenida das Comunidades Lusíadas area baseline of €176,184 (€4,405/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 €176,184, adjusted for condition and micro-location, gives a modelled fair value of €194,207 (€4,855/m²), a €25,793 (13.3%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida das Comunidades Lusíadas | Subject | €220,000 | €5,500 | — | 72 | 80 |
| rua Engenheiro Francisco Bívar, 207 | Active | €265,000 | €4,818 | 12.4% | 80 | 70 |
| Portimão · b7c17d | Active | €249,500 | €4,892 | 11.1% | 73 | 75 |
| rua Dom Carlos I S / N | Active | €274,900 | €6,705 | 21.9% | 74 | 69 |
| Portimão · 800680 | Active | €325,000 | €4,779 | 13.1% | 75 | 71 |
| Median comp | €269,950 | €4,855 | 11.7% | 75 | 71 |
Short-term vacation rental This 1-bed apartment in Portimão, priced at €220,000, is approximately 13.3% above its fair value of €194,207, indicating it's overpriced for potential short-term rental returns. With a gross yield of only 4.4%, the anticipated returns may not justify the elevated cost in a tourist-driven market. Family rental While the neighborhood has a solid rating of 80/100, this property is still overpriced by 13.3% compared to its fair value of €194,207. The expected rental yield of 4.4% does not compensate adequately for the purchase price in a competitive family rental market. Buy-and-hold The buy-and-hold strategy for this Portimão apartment is compromised due to its overpricing, standing at 13.3% above the fair value of €194,207. Investors might find better long-term value options with more favorable yield prospects than the current 4.4% gross return. Not ideal for student housing Given the current price of €220,000, this property is overpriced, making it less suitable for student housing investments, which tend to favor affordable rental options. The combination of high purchase costs and limited yield further hinders its appeal in this rental segment. Not ideal for industrial investment As a residential property priced at €220,000, it is overpriced and does not align with the requirements for industrial investments. The nature of the asset and its rental potential does not support industrial use or investment in this context.
Economic Vulnerability The economic stability score of 70/100 suggests that the property is exposed to potential economic fluctuations that could impact tenant retention and rental income.
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