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, 4-bathroom apartment of 260 m², built in 2021. Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: The apartment boasts generous balconies totaling 123 m², ideal for outdoor relaxation, and is located in the sought-after, secure Quinta de São Pedro community in Portimão.
The valuation. The asking price of €860,000 sits significantly above the fair value of €503,259, representing an excess of €356,741 (41.5%). This property is therefore considered overpriced in the current market.
Fair value modelled at €503,259 from the area baseline, adjusted for condition and location. Asking €860,000 sits €356,741 (41.5%) above — overpriced versus fair value.
Asking €860,000 versus the Alvor, Portimão, Faro area baseline of €446,420 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 78 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Alvor, Portimão, Faro
Area baseline €446,420 + condition +€21,125 + location +€35,714 = modelled fair value of €503,259 (€1,936/m²), a €356,741 (41.5%) gap versus the €860,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · 49b877 | Subject | €860,000 | €3,308 | — | 75 | 70 |
| Portimão · 090219 | Active | €499,000 | €2,835 | 14.3% | 77 | 73 |
| Alvor · cfe295 | Active | €578,000 | €3,211 | 2.9% | 73 | 74 |
| praceta dos Cooperantes, 18 | Active | €310,000 | €2,925 | 11.6% | 80 | 73 |
| rua José Manuel Valverde | Active | €310,000 | €2,870 | 13.2% | 70 | 72 |
| Median comp | €404,500 | €2,898 | 12.4% | 75 | 73 |
Short-term vacation rental The property is overpriced by 41.5% compared to its fair value, which significantly undermines its appeal for short-term vacation rental potential in the competitive Alvor market. With a gross yield of 0% and a condition rating of 80/100, the financial returns are unlikely to meet investor expectations. Buy-and-hold Given its current listing at €860,000, the property stands 41.5% above fair value, which raises concerns about long-term capital appreciation in a fluctuating real estate environment. Coupled with a relatively low tenant quality rating of 70/100, this buy-and-hold strategy may not deliver the desired financial stability over time. Family rental The apartment's high price of €860,000, reflecting a 41.5% gap from its fair value, suggests an uphill battle in attracting families who typically seek value in the rental market. Additionally, the 0% gross yield and neighborhood rating of 70/100 indicate challenges in achieving consistent rental income and tenant satisfaction.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in the local economy that could impact rental income.
