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, 0-bathroom apartment of 59 m², energy rating C. Located Alvor parish, Portimão municipality, Faro district. The apartment features a private south-facing balcony and exclusive access to newly built padel courts within the well-maintained condominium, enhancing outdoor leisure options.
The valuation. The asking price of €269,900 exceeds the fair value of €235,000 by €34,900 (14.9%), indicating the property is fairly priced. Investors should be cautious as the valuation sentiment reflects a balance between market demand and expected returns.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · a80b35 | Subject | €269,900 | €4,575 | — | — | 63 |
| praceta da Alvorada, 1 | Active | €253,000 | €3,833 | 16.2% | 60 | 75 |
| ladeira de Nora | Active | €235,000 | €3,983 | 12.9% | — | 70 |
| rua da Alvorada | Active | €259,000 | €4,047 | 11.5% | 65 | 70 |
| praceta das Faias | Active | €235,000 | €4,434 | 3.1% | 70 | 72 |
| Median comp | €244,000 | €4,015 | 12.2% | 65 | 71 |
Short-term vacation rental The property at €269,900 is positioned at fair value, making it a reasonable option for a short-term vacation rental given Algarve's robust tourism sector. However, with a gross yield of only 3.6%, potential investors might find it challenging to achieve significant cash flow in a crowded rental market. Buy-and-hold With a fair value assessment of €235,000, this property may not present the ideal opportunity for long-term buy-and-hold investment, especially given the rental yield of 3.6%. The neighborhood's average score of 63/100 suggests moderate appeal, but the condition of the property at 0/100 indicates that substantial renovation will be necessary to realize future appreciation. Family rental Although the property is listed at €269,900, which aligns with fair market value, the 3.6% yield may limit profitability for long-term family rentals in the current economic climate. The neighbourhood's stability is influenced by its tourism reliance, which may present risks for consistent family occupancy in the long run.
Economic Vulnerability With an economic stability score of 55/100, there is a significant risk that economic downturns could negatively impact 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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