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 81 m² on the 1st floor, energy rating C. Located on rua Teófilo Braga, Alvor parish, Portimão municipality, Faro district. The property boasts a large entrance hall with built-in wardrobe and a bright living area that seamlessly connects to an exterior balcony with sea views.
The valuation. The asking price of €349,000 is slightly below the fair value of €366,925, indicating a difference of €17,925 (4.9%). This places the property at a competitive pricing level within the market.
Fair value modelled at €366,925 from 6 comparable sales in the area. Asking €349,000 sits €17,925 (4.9%) below — the upside to fair value.
Asking €349,000 versus the rua Teófilo Braga area baseline of €365,927 (€4,518/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €365,927, adjusted for condition and micro-location, gives a modelled fair value of €366,925 (€4,530/m²), a €17,925 (4.9%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Teófilo Braga | Subject | €349,000 | €4,309 | — | 72 | 70 |
| Alvor · 3d9a49 | Active | €305,000 | €4,485 | 4.1% | 68 | 73 |
| rua da Pedra | Active | €297,500 | €2,755 | 36.1% | 75 | 75 |
| Alvor · 833fc3 | Active | €399,000 | €4,807 | 11.6% | 85 | 75 |
| Portimão · 828f62 | Active | €260,000 | €4,906 | 13.9% | 72 | 75 |
| Median comp | €301,250 | €4,646 | 7.8% | 74 | 75 |
Long-term rental The 1-bed apartment in Alvor can generate a stable income with a gross yield of 2.7%, which aligns with the fair market conditions. Given its condition rating of 72/100, it meets the standard expectations for long-term tenants in a desirable tourist location. Short-term vacation rental Although the property is in a prime tourist area, its yield of 2.7% may not fully capitalize on the short-term vacation rental potential given the fair valuation. The apartment's proximity to local amenities and attractions could still attract vacationers, despite the market being fairly priced. Buy-and-hold Considering the fair value of €366,925, the property represents a sound long-term investment with modest appreciation potential. The location’s appeal as a tourist destination supports potential future value increases, but current conditions suggest any return may align closely with market rates. Not ideal for: Student housing, Luxury market, High-density urban investment This property does not fit well in the student housing and luxury markets due to its size and amenities. Furthermore, its setting outside of a high-density urban area limits its appeal for high-density investments, making it less optimal for those strategies.
Economic Vulnerability The property may face financial instability due to an economic stability score of 65, indicating potential market fluctuations that could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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