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 80 m², built in 1987, energy rating C. Located Alvor parish, Portimão municipality, Faro district. Noteworthy Feature: This apartment boasts high-quality PVC window frames providing excellent thermal and acoustic insulation, ensuring comfort and energy efficiency year-round.
The valuation. The asking price of €315,000 reflects a significant premium over its fair value of €148,674, positioning it approximately 52.8% overpriced. This discrepancy suggests that prospective buyers should approach with caution and conduct thorough due diligence before proceeding.
Fair value modelled at €148,674 from the area baseline, adjusted for condition and location. Asking €315,000 sits €166,326 (52.8%) above — overpriced versus fair value.
Asking €315,000 versus the Alvor, Portimão, Faro area baseline of €276,320 (€3,454/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Alvor, Portimão, Faro
Area baseline €276,320 + condition +€875 + location +€10,439 = modelled fair value of €148,674 (€1,858/m²), a €166,326 (52.8%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · dee3ac | Subject | €315,000 | €3,938 | — | 72 | 69 |
| Alvor · ba590d | Active | €265,000 | €2,760 | 29.9% | 70 | 74 |
| Portimão · 1e638b | Active | €211,720 | €5,293 | 34.4% | 75 | 72 |
| rua da Alvorada | Active | €239,000 | €3,464 | 12.0% | 76 | 71 |
| Alvor · 4b609e | Active | €270,000 | €3,857 | 2.0% | 70 | 68 |
| Median comp | €252,000 | €3,661 | 7.0% | 73 | 72 |
Short-term vacation rental The property is overpriced with a listing price of €315,000 that significantly exceeds the fair value of €148,674, presenting a gap of 52.8%. Given the 4.4% gross yield in a neighbourhood rated 69/100, potential returns from vacation rentals are unlikely to justify this inflated valuation. Long-term rental Currently listed at €315,000, the apartment does not align with its fair value of €148,674, indicating a 52.8% overpricing that diminishes its attractiveness for long-term rental. The gross yield of 4.4% suggests that higher, affordable rental yields could be achieved elsewhere, benefitting from the seasonal employment fluctuations typical in Alvor. Buy-and-hold With a current offering price of €315,000 against a fair value of €148,674, this property is marked as overpriced by 52.8%, limiting its potential for long-term appreciation. The economic indicators and condition ratings of 76/100 make it a less favorable buy-and-hold investment in the competitive Alvor market.
Tenant turnover risk High tenant turnover is a concern due to the relatively low tenant stability score of 65/100, indicating potential vacancies and associated costs.
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