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 103 m² on the 4th floor, built in 1984, energy rating B. Located on rua de Angola, Portimão parish, Portimão municipality, Faro district. The apartment's unique feature includes two enclosed balconies, one converted into a laundry room, enhancing its functionality and space efficiency.
The asking price is above the fair value, indicating a €30,000 gap, which represents an 8.6% downside versus the asking price. The estimated gross yield is 5.4%.
The fair value of this property is derived from two models. The Transaction model, based on 420 recorded sales in Portimão, accounts for 55% of our analysis, while the Adjusted asking-price model, which considers current listings adjusted to sale prices, contributes 45%. No conservative adjustments were applied to this property, leading us to a fair value of €315,000. This indicates that the asking price is above the fair value by €30,000, equating to an 8.6% downside compared to the asking price. Our confidence in this valuation is high.
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
The asking price of €345,000 for this 2-bed apartment in Portimão exceeds the fair value of €315,000, indicating an 8.6% downside versus the asking price. Investors should consider the property's condition, rated at 80/100, and its location in a neighborhood assessed at 50/100, both of which are key factors in determining whether the investment aligns with their financial goals.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The combined economic and tenant stability score of 50 out of 100 suggests a potential risk, indicating uncertainty in the local market which may affect occupancy rates and rental income.
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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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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