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.
0-bedroom, 1-bathroom studio of 59 m². Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: The private terrace of approximately 7m² offers stunning sea views, creating an ideal space for relaxing or entertaining in a vibrant coastal setting.
The valuation. The asking price of €255,000 is significantly above fair value, which sits at €108,891, resulting in an excess of €146,109 or 57.3%. Verdict: overpriced.
Fair value modelled at €108,891 from the area baseline, adjusted for condition and location. Asking €255,000 sits €146,109 (57.3%) above — overpriced versus fair value.
Asking €255,000 versus the Alvor, Portimão, Faro area baseline of €101,303 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 72 · Materials 76 · Room dimensions 77). Below-median condition lowers fair value versus a renovated baseline unit.
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.
Alvor, Portimão, Faro
Area baseline €101,303 + condition -€922 + location +€8,509 = modelled fair value of €108,891 (€1,846/m²), a €146,109 (57.3%) gap versus the €255,000 asking price.
Long-term rental Given the current listing price of €255,000, the property is considered overpriced by 57.3% relative to its fair value of €108,891. This disparity results in a modest gross yield of 3.4%, which is not ideal for attracting long-term tenants in the competitive rental market. Short-term vacation rental While the Algarve region is a popular tourist destination, the property’s price significantly exceeds its fair valuation, rendering it an overpriced investment for short-term vacation rentals. A fair assessment reveals that potential earnings do not justify the €255,000 asking price in the current market. Family rental With a fair value of €108,891, the property’s listing price of €255,000 indicates that it is overpriced and may deter families looking for affordable housing options. The combination of moderate condition and neighborhood ratings suggests that it lacks the appeal necessary for securing family tenants at the current asking price.
Economic Volatility Risk The economic stability score of 65/100 suggests potential fluctuations in the local economy that could impact rental income.