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.
8-bedroom, 3-bathroom apartment of 342 m², built in 1951, energy rating G. Located on rua do Carvalho, 8, Portimão parish, Portimão municipality, Faro district. The derelict historic corner building has a terrace and a study for conversion into 7 apartments, with the facade retained.
We do not show a fair-value estimate for this property yet; the stated reason is “Signs of ruin or severe damage; value capped at reconstruction economics.” The 342m² apartment in Portimão has 8 bedrooms, 3 bathrooms, an asking price of €650,000 (€1,901/m²), a condition score of 18/100 and a mixed neighbourhood score of 50/100; Portimão parish prices are €2,561/m² at Q1, €3,226/m² median and €4,113/m² at Q3.
Not assessed: Signs of ruin or severe damage; value capped at reconstruction economics
We don't show a value or verdict for this property yet.
We do not show a fair value or a verdict on the asking price for this property yet. “Signs of ruin or severe damage; value capped at reconstruction economics.” Transaction model: built using real transaction data (recorded sale prices) in the area. Adjusted asking-price model: trained on current listings and adjusts asking prices to sale level.
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
At €650,000, this 8-bedroom, 342m² apartment in Portimão warrants weighing the asking price against its condition score of 18/100 and neighbourhood score of 50/100. The only stated consideration is “Signs of ruin or severe damage; value capped at reconstruction economics”.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability Scores of 50/100 for both economic stability and tenant stability indicate moderate stability risk. Data-quality concerns The data-quality check is blocked because the area is implausible or missing from an advert, the property listings disagree, and the price per square metre is impossible. No fair-value estimate No fair value is shown: “Signs of ruin or severe damage; value capped at reconstruction economics”.
Findings: 4
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Apartment in Portimão
€650,000
8 bedrooms · 342 m²
Property valuation: Not assessed — Signs of ruin or severe damage; value capped at reconstruction economics
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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