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 60 m². Located Portimão parish, Portimão municipality, Faro district. This apartment features a spacious 16.5 m² balcony accessible from both the kitchen and bedroom, perfect for enjoying the stunning sea and city views.
The asking price of €260,000 is above our fair value estimate of €239,000, indicating a downside of €21,000 or 8.2% from the asking price, which results in low confidence in this valuation. Estimated gross rental yield stands at 5.4% based on a projected monthly rental of €1,170, serving as additional context without implying a specific investment direction.
The fair value of this property is established through a blend of two models. The Transaction model, based on 463 recorded sales in Portimão, comprises 55% of the calculation. Meanwhile, the Adjusted asking-price model, accounting for current listings, represents 45%. For this property, no conservative adjustments were applied. As a result, the asking price is above the fair value, with a gap of €21,000. This creates an 8.2% downside, leading to a low confidence level in this valuation.
Gross yield 5.4% (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
When considering this 1-bed apartment in Portimão, investors should weigh the asking price of €260,000 against its fair value of €239,000, representing an 8.2% downside. Additionally, while the condition is rated at 75/100, which indicates a mid-level state, the neighbourhood rating is only 50/100, reflecting potential concerns regarding the area’s desirability. Overall, the asking price is above the fair value, suggesting that careful consideration is needed before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability and tenant stability scores are both rated at 50/100, indicating a mixed outlook which could lead to increased vacancy rates or difficulties in attracting reliable tenants. Fair value certainty risk The valuation of the property is stated as fair value €239,000, but confidence in this assessment is low due to differing estimates and lack of micro-location transaction data.
Grade BFindings: 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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