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.
5-bedroom, 6-bathroom house of 447 m², built in 2002, energy rating D. Located Alvor parish, Portimão municipality, Faro district. The property features a private gym and a heated covered pool, providing year-round leisure and fitness opportunities within a spacious single-level layout.
The valuation. The asking price of €1,195,000 exceeds the fair value of €1,028,687 by €166,313, or 16.2%. This property is considered overpriced based on current market assessments.
Fair value modelled at €1,028,687 from 6 comparable sales in the area. Asking €1,195,000 sits €166,313 (16.2%) above — overpriced versus fair value.
Asking €1,195,000 versus the Alvor, Portimão, Faro area baseline of €997,340 (€2,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €997,340, adjusted for condition and micro-location, gives a modelled fair value of €1,028,687 (€2,301/m²), a €166,313 (16.2%) gap versus the €1,195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · 3a7185 | Subject | €1,195,000 | €2,673 | — | 73 | 72 |
| Alvor · f46c3f | Active | €798,000 | €2,293 | 14.2% | 78 | 65 |
| rua das Sesmarias | Active | €749,000 | €1,167 | 56.4% | 62 | 63 |
| rua do Poço | Active | €679,000 | €2,310 | 13.6% | 73 | 70 |
| rua Júlio Amaro | Active | €915,000 | €2,232 | 16.5% | 72 | 70 |
| Median comp | €773,500 | €2,263 | 15.4% | 73 | 68 |
Long-term rental Given the property's listing price of €1,195,000, which is 16.2% above its fair value of €1,028,687, investors might find it challenging to achieve advantageous cash flow from long-term rental at a gross yield of only 2.7%. The combination of a moderate neighborhood rating (72/100) and a fair property condition score (76/100) suggests that long-term rental appeal may be limited in this overpriced market. Short-term vacation rental Despite the tourist-driven economy of the Algarve, the property's current pricing creates a scenario where potential returns for short-term vacation rental might not justify the investment, especially with a gross yield of 2.7%. The assessment of the neighborhood indicates average tenant quality and amenities, raising concerns regarding occupancy rates that could further impact profitability. Buy-and-hold The buy-and-hold strategy may be compromised by the property's overpriced status at €1,195,000 compared to a fair value of €1,028,687, leading to limited capital appreciation potential during the holding period. With a neighborhood score of 72/100, the property reflects a mixed investment climate that may not deliver attractive long-term returns under its current valuation. Not ideal for: Student housing This property is not suited for student housing, as the local educational resources are rated as good but not excellent, which may deter student demand. Additionally, the overall high pricing adds to the challenges of securing a financially viable investment in this segment.
Economic Volatility Risk The economic stability score of 65/100 indicates potential fluctuations in the local economy that could negatively impact property values and rental income.
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