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, 0-bathroom house of 60 m², built in 1987. Located on rua do Ribeiro, Alvor parish, Portimão municipality, Faro district. Noteworthy Features: This property includes a historical waterwheel and is currently under a Preliminary Information Request for significant expansion, allowing for personalized construction opportunities.
The valuation. The asking price of €265,000 is very close to fair value at €263,662, with only a minor difference of €1,338, making it a fair investment. This indicates that the property is appropriately priced in the current market context.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Ribeiro | Subject | €265,000 | €4,417 | — | — | 71 |
| Alvor · 65a7b4 | Active | €269,000 | €3,789 | 14.2% | 18 | 76 |
| rua Vasco da Gama, 6 | Active | €410,000 | €5,467 | 23.8% | — | 73 |
| estrada de Montes de Alvor S / N | Active | €420,000 | €3,621 | 18.0% | — | 74 |
| Alvor · 96c653 | Active | €400,000 | €5,000 | 13.2% | 68 | 64 |
| Median comp | €405,000 | €4,395 | 0.5% | 43 | 74 |
Short-term vacation rental The property presents a gross yield of 4.2%, which reflects the typical performance of vacation rentals in the coastal Algarve region. Given the fair value status, potential investors should be cautious since the slight pricing gap suggests the property may not provide significant upside in competitive rental markets. Long-term rental With a neighbourhood score of 71/100, the property benefits from decent amenities and tenant quality, making it a reasonable option for long-term leasing. However, the fair valuation indicates limited room for appreciation, warranting careful consideration of market dynamics before investing. Buy-and-hold Considering the stable nature of the local economy, heavily influenced by tourism, buying this property could yield consistent rental income over time. Nevertheless, with the current valuation at fair value and minimal growth potential, long-term investors should set realistic expectations regarding capital appreciation. Not ideal for: Student housing, Luxury market, Industrial development
Economic Vulnerability Despite a relatively decent Economic Stability score of 65, which suggests moderate economic risk, the property could face challenges due to potential economic downturns affecting tenant income levels and, consequently, rent payments.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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