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 59 m². Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes access to a private condominium pool and garden, enhancing both leisure and community engagement within a central urban setting.
The valuation. The asking price of €335,000 is significantly above the fair value of €207,589, indicating an overvaluation of €127,411 (61.4%). This price does not represent a sound investment opportunity.
Fair value modelled at €207,589 from 6 comparable sales in the area. Asking €335,000 sits €127,411 (61.4%) above — overpriced versus fair value.
Asking €335,000 versus the Alvor, Portimão, Faro area baseline of €195,767 (€3,318/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €195,767, adjusted for condition and micro-location, gives a modelled fair value of €207,589 (€3,518/m²), a €127,411 (61.4%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · f5eb64 | Subject | €335,000 | €5,678 | — | 73 | 69 |
| Alvor · ba5761 | Active | €140,000 | €3,500 | 38.4% | 75 | 56 |
| rua da Alvorada | Active | €239,000 | €3,464 | 39.0% | 76 | 71 |
| Mexilhoeira Grande · b7c12b | Active | €260,000 | €3,421 | 39.7% | 75 | 71 |
| Alvor · ba3dfa | Active | €229,900 | €3,537 | 37.7% | 68 | 67 |
| Median comp | €234,450 | €3,482 | 38.7% | 75 | 69 |
Short-term vacation rental The property is overpriced by 61.4% compared to its fair value, which negatively impacts potential returns for short-term vacation rental investors. With a gross yield of just 2.5%, the investment lacks the attractive profitability typically sought in high-demand tourist areas like Alvor. Buy-and-hold Consideration for a buy-and-hold strategy is undermined by the property being overpriced at €335,000 against a fair value of €207,589. This significant gap reduces the potential for long-term capital appreciation and makes it difficult to justify holding the asset over time. Family rental The family rental market may not be ideal for this property, especially given its overpricing of 61.4% compared to its fair value. With a limited gross yield of 2.5%, it may fail to attract families looking for more value in their rental options. Not ideal for Due to its overpriced nature, the property is not suited for student housing or the luxury market. Both segments typically seek value and affordability, which this property does not provide given its current valuation.
Economic Vulnerability The economic stability score of 55/100 indicates potential fluctuations in the local economy that could negatively impact future property value and rental income.
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
