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.
1-bedroom, 1-bathroom apartment of 69 m², energy rating C. Located on rua da Alvorada, Alvor parish, Portimão municipality, Faro district. Features: This apartment offers two balconies with southern exposure, enhancing natural light and outdoor space for relaxation. Condition: The unit includes modern fixtures and high-quality appliances seamlessly integrated into its design.
The valuation. The asking price of €239,000 sits significantly above the fair value of €133,276, making it overpriced by €105,724 (44.2%). Such a price disparity suggests caution for potential investors in this property.
Fair value modelled at €133,276 from the area baseline, adjusted for condition and location. Asking €239,000 sits €105,724 (44.2%) above — overpriced versus fair value.
Asking €239,000 versus the rua da Alvorada area baseline of €118,473 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 76 · Materials 82 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Alvorada
Area baseline €118,473 + condition +€4,852 + location +€9,952 = modelled fair value of €133,276 (€1,932/m²), a €105,724 (44.2%) gap versus the €239,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Alvorada | Subject | €239,000 | €3,464 | — | 76 | 71 |
| Portimão · 49b7ed | Active | €310,000 | €4,493 | 29.7% | 80 | 68 |
| rua da Raminha, 25 | Active | €308,000 | €3,385 | 2.3% | 75 | 74 |
| Alvor · ba590d | Active | €265,000 | €2,760 | 20.3% | 70 | 74 |
| Alvor · ba5761 | Active | €140,000 | €3,500 | 1.0% | 75 | 56 |
| Median comp | €286,500 | €3,443 | 0.6% | 75 | 71 |
Short-term vacation rental The property in Alvor is not an attractive option for short-term vacation rentals given its significant overpricing, with a gap of 44.2% from fair value. The gross yield of 3.7% does not compensate for the excessive initial investment, making it challenging to generate sufficient returns in a competitive rental market. Buy-and-hold While the location in the Algarve is appealing for long-term ownership, the apartment's price point is considerably above its fair value. Holding the property at this inflated cost may lead to stagnant equity growth and increased difficulty in capitalizing on potential appreciation. Long-term rental The apartment's yield of 3.7% under current pricing reflects a less favorable investment for long-term rental due to being overpriced at €239,000. With the fair value significantly lower, potential returns may struggle to meet investor expectations in a rental market that increasingly favors competitive pricing.
Economic Vulnerability The economic stability score of 65/100 indicates that the property may face fluctuations in property value or demand due to broader economic conditions.
