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 68 m² on the 2nd floor, built in 1987, energy rating E. Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: This top-floor apartment boasts a private balcony with scenic views of the surrounding area, enhancing its appeal for outdoor relaxation and enjoyment.
The valuation. The asking price of €240,000 is €11,357 (4.5%) below the fair value of €251,357, making this property a fair investment opportunity. This alignment with fair value supports a sound purchasing decision.
Fair value modelled at €251,357 from 6 comparable sales in the area. Asking €240,000 sits €11,357 (4.5%) below — the upside to fair value.
Asking €240,000 versus the Alvor, Portimão, Faro area baseline of €241,811 (€3,556/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €241,811, adjusted for condition and micro-location, gives a modelled fair value of €251,357 (€3,696/m²), a €11,357 (4.5%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · f46b7a | Subject | €240,000 | €3,529 | — | 75 | 64 |
| Portimão · bf2a71 | Active | €135,000 | €2,250 | 36.2% | 76 | 70 |
| rua do Oceano Índico, 1 | Active | €305,000 | €3,631 | 2.9% | 80 | 70 |
| rua das Conchas S / N | Active | €255,000 | €3,750 | 6.2% | 70 | 75 |
| rua do Fojo, 39 | Active | €199,000 | €3,755 | 6.4% | 65 | 72 |
| Median comp | €227,000 | €3,691 | 4.6% | 73 | 71 |
Short-term vacation rental The property in Alvor presents an attractive yield of 4.7%, aligning with the area's strong tourist infrastructure and demand. However, given its fair valuation and the competitive market, potential return on investment may be limited. Long-term rental A long-term rental strategy could provide steady income due to the housing demand in this desirable location, but the yield of 4.7% indicates that while it is stable, the returns may not be as strong as in other opportunities. Additionally, with the property priced fairly at €240,000, investors may face minimal capital appreciation prospects. Buy-and-hold Investing in this property as a buy-and-hold option allows for potential appreciation in a thriving region like Algarve, yet the current fair value of €240,000 suggests limited upside in returns compared to other potential purchases. While long-term growth could align with overall market conditions, the moderate yield coupled with fair pricing indicates caution may be warranted in this strategy.
Economic Vulnerability The property’s economic stability score of 55/100 suggests a heightened risk of market fluctuations impacting potential returns, especially given that the tenant stability score is only slightly higher at 60/100, indicating potential tenant turnover issues.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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