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 house of 131 m², energy rating D. Located on rua das Túlipas, Portimão parish, Portimão municipality, Faro district. The property boasts a fully walled exterior with outdoor leisure spaces that include two barbecue areas and a variety of fruit trees, enhancing its appeal for entertaining.
The asking price of €449,000 is significantly higher than our fair value assessment of €291,000, indicating that the property is overpriced by €158,000, representing a potential downside of 35.3%. Confidence in this fair value is low. The estimated gross yield stands at 5.3%, providing context before costs and vacancy are accounted for.
The fair value of this property is determined using a combination of two models: the Transaction model, which relies on real transaction data from 68 recorded sales in Portimão, accounting for 70% of the weighting, and the Adjusted asking-price model, based on current listings, making up the remaining 30%. No conservative adjustments were applied to this property. As a result, the fair value calculated is €291,000, while the asking price is €449,000. Overall, this indicates that the asking price is above the fair value, leading to a significant gap of €158,000, which corresponds to a 35.3% downside compared to the asking price. Confidence in this valuation is low.
Gross yield 5.3% (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 €449,000 is above the fair value of €291,000, indicating a 35.3% downside risk relative to the asking price. The property's condition scores 67/100, suggesting it is in moderate condition, while the neighborhood scores 50/100, indicating a below-average location. Therefore, the combined factors of price valuation and neighborhood desirability warrant careful evaluation before any decision is made regarding this property.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability and tenant stability scores are both at 50/100, indicating a weak economic environment that could negatively affect rental income and occupancy rates. Fair value certainty risk The fair value is stated at €291,000 with low confidence, suggesting a high likelihood that the actual market value could significantly differ due to unreliable transaction micro-location data and differing estimates.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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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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