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.
5-bedroom, 3-bathroom house of 170 m², built in 1999, energy rating C. Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: The property includes a valid Local Accommodation license and features independent units that offer great potential for rental income, enhancing its investment appeal in a prime Algarve location.
The valuation. The asking price of €615,000 sits significantly above the fair value of €289,803, indicating that the property is overpriced by €325,197 (52.9%). Buyers should exercise caution in considering this listing.
Fair value modelled at €289,803 from the area baseline, adjusted for condition and location. Asking €615,000 sits €325,197 (52.9%) above — overpriced versus fair value.
Asking €615,000 versus the Alvor, Portimão, Faro area baseline of €567,970 (€3,341/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Alvor, Portimão, Faro
Area baseline €567,970 + condition -€17,266 + location +€15,178 = modelled fair value of €289,803 (€1,705/m²), a €325,197 (52.9%) gap versus the €615,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · 0238f1 | Subject | €615,000 | €3,618 | — | 70 | 63 |
| rua Fernão de Magalhães, 16 | Active | €650,000 | €3,023 | 16.4% | 70 | 62 |
| Alvor · 4bbd5e | Active | €550,000 | €3,333 | 7.9% | 65 | 72 |
| Alvor · e40a8e | Active | €595,000 | €3,234 | 10.6% | 74 | 70 |
| Alvor · 4a8031 | Active | €550,000 | €3,333 | 7.9% | 74 | 73 |
| Median comp | €572,500 | €3,284 | 9.2% | 72 | 71 |
Short-term vacation rental The property in Alvor is overpriced at €615,000 compared to a fair value of €289,803, representing a 52.9% gap from its actual worth. Given the gross yield of 4.1% and the condition and neighborhood ratings, investing for short-term rentals may not yield adequate returns. Buy-and-hold The current listing price of €615,000 is significantly above its fair value of €289,803, indicating that the investment is overpriced by 52.9%. Holding this property for long-term appreciation doesn't seem promising due to the neighborhood's average conditions and relatively low yield of 4.1%. Family rental At a listing price of €615,000, this property is overpriced with a fair value of only €289,803, creating a 52.9% discrepancy. The lower condition score of 69/100 and average neighborhood rating suggest that it may not attract quality long-term tenants for a family rental strategy.
Economic volatility risk With an economic stability score of 55/100, this property is exposed to potential fluctuations in the local market that could impact rental income and property value adversely.
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