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, 1-bathroom apartment of 97 m². Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts an exceptional outdoor terrace with a barbecue area, providing an ideal setting for alfresco dining and leisure in the Algarve climate.
The valuation. The asking price of €325,000 exceeds the fair value of €285,758 by €39,242, reflecting a 13.7% overpricing, which may deter potential buyers looking for sound investments. Buy-to-flip angle. A buy-to-flip strategy could focus on cosmetic upgrades to boost appeal, targeting a resale price above current market levels, potentially realizing a substantial profit in the long run. Buy-to-let angle. With an estimated rental income of €1,083 per month, this property offers a gross yield of 4%, making it a viable option for generating steady cash flow in a tourism-driven market.
Fair value modelled at €285,758 from 6 comparable sales in the area. Asking €325,000 sits €39,242 (13.7%) above — overpriced versus fair value.
Asking €325,000 versus the Alvor, Portimão, Faro area baseline of €240,899 (€2,483/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 is above the parish average, lifting 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 €240,899, adjusted for condition and micro-location, gives a modelled fair value of €285,758 (€2,946/m²), a €39,242 (13.7%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · 7ca8e1 | Subject | €325,000 | €3,351 | — | 78 | 70 |
| Portimão · f46d35 | Active | €260,000 | €2,857 | 14.7% | 74 | 73 |
| Portimão · efdcb4 | Active | €375,000 | €2,778 | 17.1% | 74 | 72 |
| rua da Cooperativa | Active | €285,000 | €3,904 | 16.5% | 75 | 71 |
| rua Nascer do Sol, 4 | Active | €280,000 | €4,000 | 19.4% | 75 | 70 |
| Median comp | €282,500 | €3,381 | 0.9% | 75 | 72 |
Long-term rental This property shows a 13.7% gap from its fair value, indicating it is overpriced and may not provide attractive long-term rental returns. With a gross yield of 4%, investors should consider alternative opportunities that may offer better value and yields. Short-term vacation rental Although the Algarve's seasonal demand could support short-term vacation rentals, the 13.7% overpricing diminishes potential profitability and return on investment. Given the property's condition rating of 81/100, prospective investors should weigh these factors before committing to such a strategy. Buy-and-hold As the property is currently overpriced by 13.7% above its fair value, a buy-and-hold strategy may not be effective in generating desired long-term equity growth. Investors should carefully evaluate their options and consider properties that align better with financial goals and market conditions.
Economic Vulnerability The property has a moderate economic stability score of 70/100, indicating potential susceptibility to economic downturns that could impact tenant retention. Tenant Turnover Risk With a tenant stability score of 65/100, there is a heightened risk of turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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