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.
2-bedroom, 1-bathroom apartment of 96 m², energy rating C. Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: The apartment includes private parking with video surveillance and is situated near essential infrastructures such as schools, hospitals, and public transport in a quiet residential area.
The valuation. The asking price of €265,000 sits €87,344 above the fair value of €177,656, indicating the property is overpriced by 33.0%. This significant discrepancy suggests potential buyers should approach with caution.
Fair value modelled at €177,656 from the area baseline, adjusted for condition and location. Asking €265,000 sits €87,344 (33.0%) above — overpriced versus fair value.
Asking €265,000 versus the Alvor, Portimão, Faro area baseline of €331,584 (€3,454/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 76 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 80 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Alvor, Portimão, Faro
Area baseline €331,584 + condition -€3,000 + location +€15,824 = modelled fair value of €177,656 (€1,851/m²), a €87,344 (33.0%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · ba590d | Subject | €265,000 | €2,760 | — | 70 | 74 |
| avenida Miguel Bombarda | Active | €370,000 | €3,627 | 31.4% | 70 | 71 |
| rua Frei Manuel Sepúlcro | Active | €300,000 | €14,286 | 417.5% | 75 | 71 |
| Portimão · 49b7ed | Active | €310,000 | €4,493 | 62.8% | 80 | 68 |
| estrada de Monchique | Active | €268,900 | €3,841 | 39.2% | 71 | 71 |
| Median comp | €305,000 | €4,167 | 51.0% | 73 | 71 |
Short-term vacation rental The 2-bed apartment in Alvor, priced at €265,000, is overpriced compared to its fair value of €177,656, leading to a significant gap of 33.0%. With a yield of only 3.4% gross, the potential return may not justify the inflated entry price in a tourist-heavy market. Long-term rental At €265,000, this property is overpriced relative to its fair value of €177,656, and the 3.4% gross yield suggests limited potential for long-term rental attractiveness. Given the neighborhood's solid scores of 74/100, a long-term rental strategy may still face challenges due to the higher-than-expected purchase price. Buy-and-hold Investing in this 2-bed apartment at €265,000 is ill-advised as it is overpriced, with a fair value assessment of €177,656 revealing a 33.0% gap. Although the neighborhood has decent ratings, the low gross yield of 3.4% raises concerns about the viability of a buy-and-hold strategy in the current market conditions.
Economic Vulnerability The economic stability score of 60/100 indicates potential vulnerability to downturns in economic conditions, which may affect rental income stability.
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