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 on the 2nd floor, energy rating D. Located Portimão parish, Portimão municipality, Faro district. The apartment's balconies enhance its appeal, providing outdoor spaces for relaxation and features like high-quality marble-effect backsplashes add a touch of luxury to the modern design.
The asking price sits at €275,000, which is slightly below our fair value of €280,000, indicating that the asking price is not undervalued. Confidence in this fair value assessment is medium.
The fair value of this property is determined using a combination of two models: the Transaction model, which relies on 420 recorded sales in Portimão over the past year (55%), and the Adjusted asking-price model that uses current listings with adjusted prices (45%). No conservative adjustments were applied to this property. By blending the two models, we arrive at a fair value of €280,000, indicating that the asking price is in line with the fair value. This reflects confidence that the pricing is reasonable, with a small upside of 2.0% relative to the asking price.
Gross yield 5% (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
Investors should consider that the asking price of €275,000 is in line with the fair value of €280,000, presenting a minimal upside of 2.0%. The apartment has a decent condition score of 79/100, but the neighbourhood rating of 50/100 may require further consideration regarding location and potential for long-term value appreciation. Overall, confidence in this investment opportunity is rated as medium, indicating a balanced assessment of price versus intrinsic value.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 coupled with a tenant stability score of 50/100 indicates a potentially unstable cash flow situation, which could affect rental income and increase vacancy rates.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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