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 117 m² on the 1st floor, built in 2022, energy rating A. Located on rua das Ondas S / N, Portimão parish, Portimão municipality, Faro district. This apartment features a spacious private terrace perfect for outdoor relaxation, overlooking beautifully landscaped gardens, all within a secure condominium environment just moments from the beach.
The asking price is above the fair value, with a gap of €38,000 indicating an 8.1% downside versus the asking price. Confidence in this fair value is low. The estimated gross yield is 4.8%.
This property's fair value is built using a combination of two models. The Transaction model, which makes up 55% of the analysis, uses real transaction data from 420 sales in Portimão. The Adjusted asking-price model, contributing 45%, is based on current listings adjusted to reflect true selling prices. Importantly, no conservative adjustments were applied to this property. Ultimately, the fair value is assessed at €431,000, leading to the conclusion that the asking price is above the fair value, with a downside of 8.1%. Confidence in this valuation is low.
Gross yield 4.8% (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 €469,000 for this 2-bed apartment in Portimão is above its fair value of €431,000, indicating an 8.1% downside versus the asking price. The property is in good condition with a score of 84, but the neighborhood is rated average at 50. An investor should weigh the premium price against the property's condition and location before proceeding.
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 mixed risk for potential income generation and property demand. Data quality risk The findings from the data-quality review show that the listings for this property have significant discrepancies, raising concerns about reliability and accuracy. Fair value certainty risk The fair value is assessed at €431,000 with low confidence, indicating that the property is likely overvalued as the valuation depends on uncertain local market data.
Grade DFindings: 1
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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