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 66 m², energy rating C. Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes convenient onsite parking and access to new padel courts, enhancing recreation options for residents while maintaining a tranquil ambiance within the condominium.
The valuation. The asking price of €269,900 sits €12,229 (4.7%) above the fair value of €257,671, indicating it is fairly priced. This suggests the investment is priced in line with market expectations and comparable properties in the area.
Fair value modelled at €257,671 from 5 comparable sales in the area. Asking €269,900 sits €12,229 (4.7%) above — overpriced versus fair value.
Asking €269,900 versus the Alvor, Portimão, Faro area baseline of €259,470 (€3,931/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €259,470, adjusted for condition and micro-location, gives a modelled fair value of €257,671 (€3,904/m²), a €12,229 (4.7%) gap versus the €269,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · 831576 | Subject | €269,900 | €4,089 | — | 68 | 74 |
| Alvor · f14db1 | Active | €240,000 | €4,211 | 3.0% | 55 | 71 |
| rua Galo Louro, 11 | Active | €255,000 | €4,113 | 0.6% | — | 70 |
| rua da Cooperativa | Active | €285,000 | €3,904 | 4.5% | 75 | 71 |
| praceta da Alvorada, 1 | Active | €253,000 | €3,833 | 6.3% | 60 | 75 |
| Median comp | €254,000 | €4,009 | 2.0% | 60 | 71 |
Short-term vacation rental Given the strong tourism in the Algarve, this 1-bed apartment in Alvor could generate steady demand for short-term vacation rentals. However, with a fair valuation of €257,671 and a price tag of €269,900, it reflects a modest 4.7% premium, suggesting limited upside potential. Buy-and-hold As a buy-and-hold investment, the property offers a gross yield of 3.8%, which is acceptable but not exceptional given the current listing price. With the neighborhood rating at 74/100, it reflects some level of attractiveness, yet the modest gap from fair value limits the potential for significant appreciation. Family rental This property may appeal to families looking for a comfortable living space in a decent neighborhood, evidenced by a tenant quality rating of 65/100. However, the fair valuation suggests that investors might find better opportunities elsewhere, as the current asking price slightly exceeds its fair market value.
Economic downturn risk The economic stability score of 65/100 indicates potential vulnerability to regional economic downturns, which could affect rental income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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