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.
4-bedroom, 3-bathroom house of 605 m², built in 2004, energy rating B. Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a garage with capacity for 6-8 cars and features advanced insulation for year-round comfort, enhancing energy efficiency and interior climate control.
The valuation. The asking price of €1,850,000 is significantly above the fair value of €1,201,668, representing an excess of €648,332 (35.0%). This indicates that the property is overpriced.
Fair value modelled at €1,201,668 from the area baseline, adjusted for condition and location. Asking €1,850,000 sits €648,332 (35.0%) above — overpriced versus fair value.
Asking €1,850,000 versus the Alvor, Portimão, Faro area baseline of €1,038,785 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 80 · Materials 90 · Room dimensions 87). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Alvor, Portimão, Faro
Area baseline €1,038,785 + condition +€75,625 + location +€87,258 = modelled fair value of €1,201,668 (€1,986/m²), a €648,332 (35.0%) gap versus the €1,850,000 asking price.
Short-term vacation rental This property is overpriced at €1,850,000, particularly considering its rental yield of 0%. With the fair value estimated at €1,201,668, the significant gap indicates that it would not perform well in the short-term rental market. Buy-and-hold Investing in this property as a buy-and-hold strategy presents considerable risks due to its current price being 35.0% above fair value. This valuation suggests that long-term appreciation is unlikely to compensate for the higher initial investment. Family rental Although the property is located in a desirable neighbourhood within the Algarve, its €1,850,000 price is unjustified relative to its fair value of €1,201,668. The high cost may deter families seeking long-term rentals, making this investment strategy less attractive in the current market.
Moderate Economic Fluctuation Risk The economic stability score of 65/100 indicates a potential vulnerability to fluctuations in the local economy that could impact tenant demand and rental income.
