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, 1-bathroom apartment of 66 m² on the 2nd floor, built in 1988, energy rating F. Located on rua Francisco Bívar, Portimão parish, Portimão municipality, Faro district. This apartment features a central location with easy access to local amenities, making it ideal for both investment and residential purposes.
The asking price is above the fair value: the property is overvalued by €41,000 (14.1% downside vs the asking price). The estimated gross yield stands at 4.7%.
The property's fair value is built using two models: the Transaction model, which relies on 420 recorded sales in the parish of Portimão, and the Adjusted asking-price model, trained on current listings. These models are combined using a weighted blend, with 55% from the Transaction model and 45% from the Adjusted asking-price model. Notably, there were no conservative adjustments applied to this property. As a result, the fair value is estimated at €253,000. Given that the asking price is €294,000, the asking price is above the fair value, with a downside of 14.1% compared to the asking price.
Gross yield 4.7% (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 €294,000 is above the fair value of €253,000, indicating a downside of 14.1% versus the asking price. Additionally, while the property is in good condition with an 82/100 rating, the location score is lower at 50/100, suggesting potential concerns regarding desirability. Overall, the price relative to the fair value should be a key factor in the investment decision.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and the tenant stability score of 50/100 indicate a significant risk related to both economic and tenant fluctuations that could impact rental income and property value. Data quality risk The presence of conflicting sources on key information about the property raises concerns regarding the reliability of the data used for valuation and investment decisions.
Grade AFindings: 1
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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