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 56 m² on the 1st floor, built in 1990, energy rating C. Located on rua do Forno, Portimão parish, Portimão municipality, Faro district. This high-quality apartment features a rooftop terrace for exclusive use and provides a central location just a few minutes from the vibrant riverside area of Portimão.
The asking price of €250,000 exceeds our fair value estimate of €237,000, representing a downside of 5.3% versus the asking price. The estimated gross yield stands at 5.2% based on projected monthly rent of around €1,083.
The fair value of this property is determined using a combination of two models. The Transaction model, which accounts for 55%, is based on real transaction data from 463 recorded sales in Portimão. The Adjusted asking-price model makes up 45% and adjusts current listings to sale prices. No conservative adjustments were applied to this property. As a result, the asking price is above the fair value, indicating a downside of 5.3% compared to the asking price, and the confidence level in this assessment is high.
Gross yield 5.2% (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 this 1-bed apartment in Portimão is €250,000, which exceeds its fair value of €237,000, marking a 5.3% downside compared to the asking price. While the property's overall condition is rated at 82/100, indicating a relatively good state, the neighbourhood score of 50/100 suggests a less attractive environment. Investors should weigh these factors carefully when considering the potential value of the property against its asking price.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property faces higher investment risk due to both economic stability and tenant stability scores being 50/100, indicating a potential for instability in income generation and property value.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
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.
Log in to buy the report or use a credit
