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.
1-bedroom, 1-bathroom apartment of 60 m², built in 2002, energy rating C. Located Alvor parish, Portimão municipality, Faro district. Noteworthy feature: This apartment features a closed balcony ideal for enjoying the breathtaking countryside views while maintaining privacy, enhancing the living space's functionality and aesthetic appeal.
The valuation. The asking price of €245,000 is significantly above the fair value of €101,062, representing an overpricing of €143,938 (58.8%). This indicates that the property is not a favorable investment at its current asking price.
Fair value modelled at €101,062 from the area baseline, adjusted for condition and location. Asking €245,000 sits €143,938 (58.8%) above — overpriced versus fair value.
Asking €245,000 versus the Alvor, Portimão, Faro area baseline of €200,460 (€3,341/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 70 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 70 · Economic 55 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Alvor, Portimão, Faro
Area baseline €200,460 + condition -€9,375 + location +€7,417 = modelled fair value of €101,062 (€1,684/m²), a €143,938 (58.8%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · b7c096 | Subject | €245,000 | €4,083 | — | 68 | 68 |
| Portimão · cfe06a | Active | €236,000 | €6,378 | 56.2% | — | 75 |
| Portimão · ba39cf | Active | €280,000 | €3,944 | 3.4% | 70 | 69 |
| avenida Tomás Cabreira, 2 | Active | €290,000 | €4,531 | 11.0% | 75 | 68 |
| Portimão · ba3d7e | Active | €320,000 | €4,267 | 4.5% | 72 | 78 |
| Median comp | €285,000 | €4,399 | 7.7% | 72 | 72 |
Long-term rental This property, with a listing price of €245,000, is significantly overpriced compared to the fair value of €101,062, indicating a gap of 58.8%. With a gross yield of only 3.6%, the financial returns do not justify this elevated price point for long-term investments. Short-term vacation rental Despite the property being located in a tourist region, the high asking price of €245,000 makes it an unappealing option for short-term vacation rentals, as it's valued significantly above the fair value of €101,062. The modest gross yield of 3.6% further compounds the concern that this investment may not attract enough seasonal bookings to be profitable. Buy-and-hold The buy-and-hold strategy for this property is compromised by its listing price of €245,000, which is considerably above the fair value of €101,062, presenting a gap of 58.8%. The potentially low yield of 3.6% coupled with the current pricing makes it an unfavorable long-term investment opportunity. Not ideal for This property is not suitable for student housing, given the economic reliance on seasonal visitors rather than a stable tenant population. Furthermore, entering the luxury market or investing in industrial properties in this area would be imprudent, as the valuation suggests a lack of inherent value in this listing.
Economic downturn risk The property faces economic downturn risk due to its low economic stability score of 55/100, indicating vulnerability to market fluctuations that could affect rental income and property value.
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