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.
4-bedroom, 5-bathroom house of 254 m², built in 2024, energy rating A. Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: The exterior includes a fully equipped barbecue area with an outdoor kitchen and a versatile annex ideal for an office or studio. Maintenance Standards: Showcases minimal wear with a focus on high-quality materials.
The valuation. The asking price of €840,000 sits €335,498 (39.9%) above the fair value of €504,502, indicating the property is overpriced. This discrepancy suggests investors should approach with caution regarding valuation. Buy-to-flip angle. A resale strategy could target renovations leveraging the high-quality materials to attract premium buyers, flipping the property at a price closer to its market potential of about €675,000. Buy-to-let angle. With an estimated gross yield of 4.2%, generating approximately €2,940 monthly, the property could serve well in a buy-to-let strategy, especially leveraging the tourist traffic in the Algarve region.
Fair value modelled at €504,502 from the area baseline, adjusted for condition and location. Asking €840,000 sits €335,498 (39.9%) above — overpriced versus fair value.
Asking €840,000 versus the Alvor, Portimão, Faro area baseline of €848,614 (€3,341/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 83 · Materials 88 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 70 · Economic 55 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Alvor, Portimão, Faro
Area baseline €848,614 + condition +€31,750 + location +€36,634 = modelled fair value of €504,502 (€1,986/m²), a €335,498 (39.9%) gap versus the €840,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · ba5a64 | Subject | €840,000 | €3,307 | — | 83 | 71 |
| Alvor · 0324e8 | Active | €2,550,000 | €4,653 | 40.7% | 82 | 71 |
| tapada da Penina | Active | €1,250,000 | €3,676 | 11.2% | 80 | 70 |
| rua Doutor Manuel Bentes | Active | €900,000 | €5,806 | 75.6% | 75 | 63 |
| Alvor · 09004e | Active | €1,850,000 | €3,058 | 7.5% | 80 | 71 |
| Median comp | €1,550,000 | €4,165 | 25.9% | 80 | 71 |
Short-term vacation rental While the proximity to the Algarve coast could attract tourists, the property is overpriced at €840,000, especially given its fair value of €504,502, representing a 39.9% gap. The gross yield of 4.2% does not justify the high asking price, making this strategy less appealing. Long-term rental This property, although located in an area that benefits from tourism, is overpriced at €840,000 compared to a fair value of €504,502, which creates a significant 39.9% discrepancy. The predicted gross yield of 4.2% suggests limited profitability for long-term rental, raising concerns about the investment's viability. Buy-and-hold Given the property’s asking price of €840,000 against a fair value of €504,502, it is clear that this investment is overpriced by 39.9%. The relatively low gross yield of 4.2% combined with the high initial cost diminishes the attractiveness of a buy-and-hold strategy.
Economic Vulnerability The economic stability score of 55/100 indicates a potential risk of economic downturn affecting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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