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 63 m² on the 1st floor, built in 1988. Located on rua do Nascer do Dia S / N, Alvor parish, Portimão municipality, Faro district. Noteworthy Features: This apartment includes a balcony with scenic views, enhancing its outdoor living potential and attraction for vacationers seeking a relaxing retreat near the coast.
The valuation. The asking price of €265,000 is positioned above the fair value of €248,979 by €16,021, which is 6.4%. Thus, the property is considered to be priced fairly. Buy-to-flip angle. The resale strategy could capitalize on the high-demand market in Alvor, particularly by enhancing the property’s appeal through minor renovations or staging before listing it for a profitable flip. Buy-to-let angle. With an estimated gross yield of 3.4% at €751 monthly, this one-bedroom apartment presents a viable long-term rental opportunity, attracting tenants seeking quality living in a desirable location.
Fair value modelled at €248,979 from 6 comparable sales in the area. Asking €265,000 sits €16,021 (6.4%) above — overpriced versus fair value.
Asking €265,000 versus the rua do Nascer do Dia S / N area baseline of €245,774 (€3,901/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €245,774, adjusted for condition and micro-location, gives a modelled fair value of €248,979 (€3,952/m²), a €16,021 (6.4%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Nascer do Dia S / N | Subject | €265,000 | €4,206 | — | 74 | 74 |
| rua Nascer do Sol, 4 | Active | €280,000 | €4,000 | 4.9% | 75 | 70 |
| rua da Cooperativa | Active | €285,000 | €3,904 | 7.2% | 75 | 71 |
| Alvor · 831576 | Active | €269,900 | €4,089 | 2.8% | 68 | 74 |
| travessa António Vicente de Castro | Active | €198,000 | €3,600 | 14.4% | 70 | 71 |
| Median comp | €274,950 | €3,952 | 6.0% | 73 | 71 |
Short-term vacation rental The property’s fair value of €248,979 and current listing of €265,000 suggest it is priced fairly, allowing for moderate returns in the short-term vacation rental market. With a gross yield of 3.4%, it presents a balanced investment opportunity given the attractive location in the Algarve region. Long-term rental With a gross yield of 3.4%, this 1-bed apartment in Alvor can function adequately as a long-term rental, aligning well with the area's steady demand for housing. However, given the fair valuation, a competitive rental price will be essential to ensure tenant retention. Value-add renovation While the property is in fair condition (75/100), potential exists for value-add renovations to enhance rental appeal and capture higher yields, although the current price does not reflect a discount for such improvements. Investors should consider the renovation costs and market trends carefully before proceeding, as the property is fairly priced at €265,000. Not ideal for student housing The apartment’s layout and market specifics do not cater to the student housing demographic, considering that proximity to educational institutions is essential for such investments. Therefore, targeting a different tenant profile is advisable for optimized rental outcomes. Not ideal for luxury market Due to its fair valuation and existing condition, this property does not align with the expectations of the luxury market, which typically requires more upscale finishes and amenities. As such, investments aimed at capturing a luxury clientele may be misaligned with this asset's profile.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of 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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