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.
3-bedroom, 3-bathroom house of 184 m², built in 2008. Located on rua Alto das Sesmarias, 3, Alvor parish, Portimão municipality, Faro district. This property features a private corner plot within a gated community of only nine homes, enhancing privacy and exclusivity for residents.
The valuation. The asking price of €565,000 is significantly above fair value at €399,524, creating an overpriced situation of €165,476 (41.4%). This valuation suggests caution for potential investors.
Fair value modelled at €399,524 from 6 comparable sales in the area. Asking €565,000 sits €165,476 (41.4%) above — overpriced versus fair value.
Asking €565,000 versus the rua Alto das Sesmarias, 3 area baseline of €411,256 (€2,235/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €411,256, adjusted for condition and micro-location, gives a modelled fair value of €399,524 (€2,171/m²), a €165,476 (41.4%) gap versus the €565,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alto das Sesmarias, 3 | Subject | €565,000 | €3,071 | — | 72 | 73 |
| Alvor · 6ebc43 | Active | €499,000 | €2,004 | 34.7% | 72 | 71 |
| urbanização Sesmarias de Baixo Sesmarias | Active | €499,000 | €2,053 | 33.1% | 72 | 75 |
| rua das Tílias | Active | €499,000 | €1,996 | 35.0% | 70 | 70 |
| rua do Forno, 51 | Active | €510,000 | €3,000 | 2.3% | 70 | 64 |
| Median comp | €499,000 | €2,029 | 33.9% | 71 | 71 |
Short-term vacation rental Given the strong tourism influence in the Algarve region, this property’s potential as a short-term vacation rental is limited by its considerable price gap of 41.4% compared to fair value. With an average gross yield of 4.5%, the investment is not justified against the overpriced listing of €565,000. Buy-and-hold Adopting a buy-and-hold strategy for this property does not present a compelling argument, as the fair market value is substantially lower at €399,524. The 41.4% gap above fair value indicates an overpriced asset that may hinder long-term appreciation prospects. Long-term rental While this property has a decent gross yield of 4.5%, its listing at €565,000 makes the investment unattractive for long-term rental strategies given the fair value of €399,524. The overall pricing suggests that the property is overpriced, potentially deterring quality tenants in the competitive rental market.
Tenant turnover risk High tenant instability with a score of 65/100 could lead to increased vacancy rates and costs for leasing between tenants, impacting overall 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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