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 house of 214 m². Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: The villa features a spacious 1,000 m² plot with meticulously landscaped gardens, a large barbecue area, and a garage capable of accommodating up to four vehicles.
The valuation. The asking price of €1,500,000 is significantly above the fair value of €419,299, making it overpriced by €1,080,701 (72.0%). This property does not represent a reasonable investment opportunity based on its current pricing.
Fair value modelled at €419,299 from the area baseline, adjusted for condition and location. Asking €1,500,000 sits €1,080,701 (72.0%) above — overpriced versus fair value.
Asking €1,500,000 versus the Alvor, Portimão, Faro area baseline of €367,438 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Alvor, Portimão, Faro
Area baseline €367,438 + condition +€18,056 + location +€33,804 = modelled fair value of €419,299 (€1,959/m²), a €1,080,701 (72.0%) gap versus the €1,500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · 893460 | Subject | €1,500,000 | €7,009 | — | 80 | 73 |
| Portimão · 65a74c | Active | €1,360,000 | €5,667 | 19.2% | 85 | 71 |
| Alvor · 4a8031 | Active | €550,000 | €3,333 | 52.4% | 74 | 73 |
| rua Fernão de Magalhães, 16 | Active | €650,000 | €3,023 | 56.9% | 70 | 62 |
| Mexilhoeira Grande · 90d8e6 | Active | €2,750,000 | €6,410 | 8.5% | 85 | 67 |
| Median comp | €1,005,000 | €4,500 | 35.8% | 80 | 69 |
Short-term vacation rental This 5-bed house in Alvor, priced at €1,500,000, is significantly overrated given its fair value of €419,299, resulting in a 72% gap. With a gross yield of only 2.4%, the property's financials suggest it won't generate sufficient revenue to justify the investment cost in a competitive vacation rental market. Long-term rental The asking price of €1,500,000 for this property starkly contrasts with its fair value of €419,299, indicating that it is overpriced by 72%. With a gross rental yield of just 2.4%, this long-term rental strategy lacks the financial viability needed to support such a high initial investment. Buy-and-hold Given that the market price of €1,500,000 exceeds the estimated fair value of €419,299 by 72%, this buy-and-hold strategy is challenged by a consistently overpriced asset. The low gross yield of 2.4% further complicates the potential for long-term appreciation, raising concerns about the wisdom of holding such an expensive property. Not ideal for: The property is not suitable for student housing, the luxury market, or industrial purposes.
Tenant turnover risk High tenant turnover could be a concern due to the relatively moderate tenant stability score of 70/100, leading to potential vacancies and increased leasing costs.
