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 120 m², built in 2015, energy rating C. Located Mexilhoeira Grande parish, Portimão municipality, Faro district. This apartment features a spacious south-facing balcony, ideal for enjoying sunny days, and is part of a well-managed tourist development with outdoor swimming pool facilities.
The asking price of €235,000 is below our estimated fair value of €268,000, indicating potential upside; however, confidence in this fair value is low. The estimated gross yield is approximately 6.2% before costs and vacancy.
The asking price is below the fair value. Established from a transaction model using 25 real sale prices in Mexilhoeira Grande, this property has a fair value of €268,000. This value is combined with an adjusted asking-price model derived from current listings, giving a weighted blend of 55% from the transaction model and 45% from the adjusted model. None of the conservative adjustments applied here, resulting in a confident estimate. The asking price is €235,000, indicating a €33,000 gap, meaning there is a 14.2% upside versus the asking price.
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
Investors should consider that the asking price of €235,000 is below the fair value of €268,000, presenting a 14.2% upside compared to the asking price. However, confidence in the potential for value appreciation is low, despite the apartment's decent condition rating of 79/100 and a moderate neighbourhood score of 50/100.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and tenant stability score of 50/100 indicate a potential for unstable rental income and occupancy rates in the future. Fair value certainty risk The fair value is set at €268,000, but the low confidence level suggests that there may be significant discrepancies in valuation, especially as real transaction data for the micro-location is not available and the estimates differ by more than the acceptable tolerance.
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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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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