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, 2-bathroom apartment of 99 m², built in 2002, energy rating C. Located on urbanização Mar e Serra S / N, Alvor parish, Portimão municipality, Faro district. Noteworthy Features: The apartment's partially enclosed balcony provides a unique space for year-round enjoyment of stunning sea views, enhancing its appeal for both relaxation and entertaining.
The valuation. The asking price of €340,000 is significantly above the fair value of €187,262, creating a discrepancy of €152,738, or 44.9%. Verdict: overpriced. Buy-to-flip angle. A quick resale strategy may prove challenging due to the property's overpriced listing; significant appreciation in a short timeframe appears unlikely. Buy-to-let angle. With an estimated gross yield of 3.8%, rental income for this 2-bed apartment could generate approximately €1,077/month, making it a feasible option for long-term leasing in a tourist-friendly area.
Fair value modelled at €187,262 from the area baseline, adjusted for condition and location. Asking €340,000 sits €152,738 (44.9%) above — overpriced versus fair value.
Asking €340,000 versus the urbanização Mar e Serra S / N area baseline of €330,759 (€3,341/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Mar e Serra S / N
Area baseline €330,759 + condition +€2,320 + location +€14,959 = modelled fair value of €187,262 (€1,892/m²), a €152,738 (44.9%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Mar e Serra S / N | Subject | €340,000 | €3,434 | — | 73 | 72 |
| rua da Raminha, 25 | Active | €308,000 | €3,385 | 1.4% | 75 | 74 |
| rua Vale de Lagar, 21 | Active | €274,800 | €2,893 | 15.8% | 70 | 62 |
| Portimão · 49b7ed | Active | €310,000 | €4,493 | 30.8% | 80 | 68 |
| Alvor · ba590d | Active | €265,000 | €2,760 | 19.6% | 70 | 74 |
| Median comp | €291,400 | €3,139 | 8.6% | 73 | 71 |
Short-term vacation rental The property, priced at €340,000, exceeds its fair value by 44.9%, making it a poor candidate for a short-term vacation rental investment. With a gross yield of only 3.8%, this apartment does not provide the expected returns for the vacation rental market in a tourist-driven area like Alvor. Long-term rental Investing in this property for long-term rental makes little sense due to its significant overpricing at €340,000 compared to a fair value of €187,262. The 3.8% gross yield indicates that the potential cash flow does not justify the high entry cost, especially in a competitive rental market. Buy-and-hold Considering this property for a buy-and-hold strategy is not advisable, as the overpricing reflects a substantial mismatch between the purchase price and its fair market value. The gross yield of 3.8% is insufficient to cover costs and provide meaningful appreciation in a primarily tourist-focused neighborhood.
Tenant Turnover Risk The tenant stability score of 70 indicates a moderate risk of turnover, potentially leading to increased vacancy rates and costs associated with re-leasing the property.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
