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 apartment of 77 m² on the 10th floor, built in 2019, energy rating D. Located on rua Maria Isabel Xavier Fogaça, Portimão parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a spacious south-facing balcony that allows for ample sun exposure, and a west-facing balcony perfect for enjoying stunning sunsets.
The valuation. The asking price of €370,000 is significantly above fair value at €305,183, indicating an overpricing of €64,817 or 21.2%. This suggests potential difficulty in achieving a profitable sale without reconsidering pricing strategies.
Fair value modelled at €305,183 from 6 comparable sales in the area. Asking €370,000 sits €64,817 (21.2%) above — overpriced versus fair value.
Asking €370,000 versus the rua Maria Isabel Xavier Fogaça area baseline of €267,417 (€3,473/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €267,417, adjusted for condition and micro-location, gives a modelled fair value of €305,183 (€3,963/m²), a €64,817 (21.2%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Maria Isabel Xavier Fogaça | Subject | €370,000 | €4,805 | — | 82 | 73 |
| avenida das Comunidades Lusíadas, 3 | Active | €450,000 | €3,462 | 28.0% | 74 | 70 |
| travessa António Vicente de Castro | Active | €380,000 | €2,639 | 45.1% | 74 | 66 |
| avenida Tomás | Active | €525,000 | €5,899 | 22.8% | 72 | 71 |
| rua Caetano Feu | Active | €450,000 | €5,056 | 5.2% | 72 | 73 |
| Median comp | €450,000 | €4,259 | 11.4% | 73 | 71 |
Short-term vacation rental The property's price of €370,000 is significantly above the fair value estimate of €305,183, resulting in a 21.2% gap that reflects its overpriced status. With a gross yield of 3.5%, the return potential in a saturated tourist market raises concerns regarding profitability. Long-term rental At a listing price of €370,000, this property is overpriced compared to the established fair value of €305,183 by 21.2%. The gross yield of 3.5% indicates a modest return, making long-term rental less appealing under these conditions. Buy-and-hold The current asking price of €370,000 exceeds the fair value of €305,183 by 21.2%, affirming that the property is overpriced. Given its yield of only 3.5%, a buy-and-hold strategy may not be advantageous in a market where long-term appreciation is uncertain.
Economic vulnerability The economic stability score of 65/100 indicates a heightened risk of potential economic downturns affecting the property's value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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