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.
3-bedroom, 2-bathroom apartment of 117 m² on the 3rd floor, built in 1998, energy rating D. Located on avenida São Lourenço da Barrosa, Portimão parish, Portimão municipality, Faro district. This apartment includes three enclosed balconies, enhancing versatile living space that can serve various functions like leisure areas, offices, or additional storage.
The asking price is above the fair value, indicating a €30,000 downside (8.5% downside vs the asking price). The estimated gross yield is approximately 6.2%.
The asking price is above the fair value. We determine fair value through a combination of the Transaction model and the Adjusted asking-price model, with the Transaction model weighted at 55% and the Adjusted asking-price model at 45%. For this property, no conservative adjustments were applied. The result shows that the fair value is €320,000, indicating that the asking price of €350,000 is above this fair value by €30,000 (8.5% downside vs the asking price), reflecting a high confidence level in the valuation.
Gross yield 6.2% (before costs)
No specific strategy stands out for this property.
Negotiation room: Negotiation context: asking prices in this municipality run about 16% above what similar homes actually sell for, so there is usually room to negotiate
The asking price of €350,000 for this 3-bed apartment in Portimão exceeds its fair value of €320,000, suggesting an 8.5% downside versus the asking price. Potential investors should consider the property’s condition rating of 77/100 and its location in a touristic area of the Algarve, known for its desirability yet compensated by the higher asking price. Given the gross yield of 6.2%, the property may not present the ideal investment outlook in relation to its current pricing.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 65/100 suggests potential vulnerability in economic conditions that could affect the 70/100 tenant stability, leading to fluctuations in rental income and higher periods of vacancy.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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