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 132 m², built in 1978, energy rating D. Located Alvor parish, Portimão municipality, Faro district. The property boasts large aluminum windows that enhance natural light and provide excellent thermal and acoustic insulation, contributing to a comfortable living environment.
The valuation. The asking price of €250,000 is notably below the fair value of €375,840, resulting in a discount of €125,840 (33.5%). This property is considered underpriced and presents an attractive opportunity for investors.
Fair value modelled at €375,840 from 6 comparable sales in the area. Asking €250,000 sits €125,840 (33.5%) below — the upside to fair value.
Asking €250,000 versus the Alvor, Portimão, Faro area baseline of €421,203 (€3,191/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 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 €421,203, adjusted for condition and micro-location, gives a modelled fair value of €375,840 (€2,847/m²), a €125,840 (33.5%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · f14c3f | Subject | €250,000 | €1,894 | — | 62 | 72 |
| Alvor · a8ed1d | Active | €393,000 | €2,472 | 30.5% | — | 73 |
| rua da Pedra, 9 | Active | €320,000 | €2,963 | 56.4% | 70 | 72 |
| urbanização Mar e Serra, 35 | Active | €349,000 | €3,035 | 60.2% | 63 | 70 |
| Alvor · 875031 | Active | €349,000 | €2,837 | 49.8% | 68 | 81 |
| Median comp | €349,000 | €2,900 | 53.1% | 68 | 73 |
Short-term vacation rental The property is well-positioned within the high-demand tourism market of the Algarve, offering a lucrative opportunity with a gross yield of 5.4%. With a fair value at €375,840 and a current listing price of €250,000, it presents a 33.5% gap, indicating a strong investment potential in the vacation rental sector. Buy-and-hold As Alvor experiences fluctuating economic stability tied to tourism, purchasing this property at €250,000 allows for potential long-term appreciation, especially with its fair value assessed at €375,840. This strategy benefits from a solid gross yield of 5.4%, positioning it favorably for future returns as the market stabilizes. Family rental The 2-bed apartment is likely to attract families due to its spacious 132m² layout, supported by a decent neighborhood score of 72/100. Despite its condition rating of 60/100, the property is listed well below its fair value, enabling stable cash flow from family tenants who value accessibility to amenities in a tourist-centric region.
Economic Sensitivity A moderate economic stability score of 65/100 suggests that the property may be vulnerable to economic downturns, potentially impacting rental income. Tenant Stability With a tenant stability score of 70/100, there is a fair chance of tenant turnover, which could lead to vacancy periods and reduced cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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