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 159 m², built in 2008, energy rating C. Located on rua Sito das Sesmarias, Alvor parish, Portimão municipality, Faro district. Proximity to beaches: Located just minutes from Alvor's famous beaches, enhancing both leisure and rental potential due to ideal coastal access.
The valuation. The asking price of €393,000 is below the fair value of €422,424 by €29,424 (7.0%), deeming it a fair investment opportunity.
Fair value modelled at €422,424 from 6 comparable sales in the area. Asking €393,000 sits €29,424 (7.0%) below — the upside to fair value.
Asking €393,000 versus the rua Sito das Sesmarias area baseline of €474,139 (€2,982/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €474,139, adjusted for condition and micro-location, gives a modelled fair value of €422,424 (€2,657/m²), a €29,424 (7.0%) gap versus the €393,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Sito das Sesmarias | Subject | €393,000 | €2,472 | — | 70 | 70 |
| largo de Gil Eanes, 2 | Active | €299,000 | €2,354 | 4.7% | 72 | 73 |
| Portimão · ade5f8 | Active | €161,000 | €2,300 | 6.9% | — | 69 |
| rua do Operário, 2B | Active | €248,000 | €2,318 | 6.2% | 53 | 78 |
| Portimão · 43921c | Active | €290,000 | €2,959 | 19.7% | 70 | 62 |
| Median comp | €269,000 | €2,336 | 5.5% | 70 | 71 |
Short-term vacation rental The 2-bed apartment in Alvor offers significant potential for short-term vacation rentals, given the area's strong seasonal tourist influence. However, the property's current pricing indicates no room for appreciation, marking it as a fair investment relative to market conditions. Buy-and-hold Investing in this property for a buy-and-hold strategy may result in stagnant appreciation due to its fair valuation compared to its fair market price. The lack of yield further emphasizes the necessity of a long-term vision, as immediate financial returns seem absent. Long-term rental Entering the long-term rental market with this apartment offers stable income potential, but the property is fairly priced without excessive upside. With a 0% gross yield, the investment may necessitate patience, expecting natural growth over time as the neighborhood stabilizes and evolves.
Economic volatility risk The economic stability score of 65 indicates a moderate risk of fluctuations in the local economy that could impact occupancy rates and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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