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 apartment of 114 m² on the 2nd floor, built in 2005, energy rating C. Located on avenida Doutor Francisco Sá Carneiro, Portimão parish, Portimão municipality, Faro district. The apartment features an integrated pantry within the kitchen, providing additional storage and enhancing functional living space.
Market reference data is out of date. The estimated gross yield for this property is 6.3%.
We currently do not provide a fair value or verdict on the asking price for this property. Reason: "Market reference data is out of date." A fair value is derived when shown using the Transaction model, which utilizes real transaction data in the area, or the Adjusted asking-price model, which trains on current listings and adjusts asking prices to sale levels.
Gross yield 6.3% (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 the asking price of €390,000 in relation to the property's gross yield of 6.3%, while factoring in the apartment's condition rated at 70/100 and the neighborhood scored at 50/100. Also, keep in mind that "Market reference data is out of date."
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With an economic stability score of 50/100 and a tenant stability score of 50/100, there is a notable risk associated with inconsistent tenant retention and potential fluctuations in the local economy that could adversely affect rental income and occupancy rates. Lack of fair-value estimate risk The absence of a fair-value estimate introduces risk as the assessment reveals: "Market reference data is out of date."
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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