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 70 m², energy rating D. Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: The apartment includes a fully equipped kitchen and a swimming pool in the condominium, enhancing its appeal for both personal use and investment opportunities.
The valuation. The asking price of €270,000 is significantly above fair value, which is assessed at €125,781, creating a disparity of €144,219 (53.4%). Verdict: overpriced.
Fair value modelled at €125,781 from the area baseline, adjusted for condition and location. Asking €270,000 sits €144,219 (53.4%) above — overpriced versus fair value.
Asking €270,000 versus the Alvor, Portimão, Faro area baseline of €120,190 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 75 · Amenities 70 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Alvor, Portimão, Faro
Area baseline €120,190 + condition -€3,062 + location +€8,654 = modelled fair value of €125,781 (€1,797/m²), a €144,219 (53.4%) gap versus the €270,000 asking price.
Short-term vacation rental The property may struggle to be competitive in the short-term vacation rental market, given its current price of €270,000, which stands significantly above the fair value of €125,781. With a yield of only 3.9% gross, it is likely to yield less profitability than comparable listings nearby. Long-term rental At a listing price of €270,000, this apartment does not present an attractive option for long-term rental investment, as the fair value is approximately 53.4% lower at €125,781. The current yield of 3.9% gross indicates insufficient cash flow potential in this property type. Buy-and-hold Investing in this property as a buy-and-hold strategy may not be advantageous at its current price of €270,000, as it exceeds fair market value by €144,219. With an overall condition score of 72 and neighborhood rating of 68, the potential appreciation seems limited compared to its high initial acquisition cost.
Tenant turnover risk High tenant turnover may occur due to the moderate tenant stability score of 65/100, potentially leading to increased vacancy rates and associated costs.
