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, 2-bathroom apartment of 93 m², built in 1990, energy rating D. Located on estrada do Alvor S / N, Alvor parish, Portimão municipality, Faro district. Noteworthy Features: This apartment's dual-access balconies from both spacious bedrooms provide seamless outdoor connectivity and enhance its East/West light exposure, ideal for enjoying Alvor’s coastal climate.
The valuation. The asking price of €290,000 sits €17,556 (6.4%) above the fair value of €272,444. This property is considered fair in valuation based on the current market trends.
Fair value modelled at €272,444 from 6 comparable sales in the area. Asking €290,000 sits €17,556 (6.4%) above — overpriced versus fair value.
Asking €290,000 versus the estrada do Alvor S / N area baseline of €313,072 (€3,366/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €313,072, adjusted for condition and micro-location, gives a modelled fair value of €272,444 (€2,930/m²), a €17,556 (6.4%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada do Alvor S / N | Subject | €290,000 | €3,118 | — | 60 | 73 |
| rua do Alto do Pacheco, 5 | Active | €350,000 | €2,692 | 13.7% | 60 | 74 |
| urbanização Mar e Serra, 35 | Active | €349,000 | €3,035 | 2.7% | 63 | 70 |
| Alvor · 875031 | Active | €349,000 | €2,837 | 9.0% | 68 | 81 |
| travessa da Cruz, 4 | Active | €255,000 | €3,643 | 16.8% | 66 | 75 |
| Median comp | €349,000 | €2,936 | 5.8% | 65 | 75 |
Short-term vacation rental The property in Alvor is well-positioned in a tourist-heavy region, potentially appealing to short-term vacation rental guests seeking proximity to beaches and resorts. Given its fair valuation and a solid gross yield of 4.7%, it could generate steady income despite its condition rating of 55/100. Buy-and-hold Owning this 2-bed apartment as a long-term investment could be worthwhile, as the Alvor area continues to attract visitors and residents alike, fostering demand for rental properties. Although the property is fairly priced, the 4.7% yield indicates a moderate investment return that aligns with maintaining the property over time. Family rental This apartment might serve well as a family rental due to its size and location, which can appeal to families looking to settle in the scenic Alvor area. However, the fair value combined with a condition score of 55/100 suggests potential renovation costs that should be considered when targeting family tenants. Not ideal for: Student housing, Luxury market
Moderate Economic Risk The economic stability score of 65 indicates a potential vulnerability to market fluctuations, which could affect rental income stability and property values.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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