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.
6-bedroom, 6-bathroom house of 257 m², built in 2019, energy rating A. Located Alvor parish, Portimão municipality, Faro district. Noteworthy Features: This property boasts panoramic terrace views over the estuary and coast, complemented by a luxurious Jacuzzi/hot tub in the outdoor cooking area, enhancing outdoor living experiences.
The valuation. The asking price of €2,950,000 is significantly above fair value of €1,167,907, marking a premium of €1,782,093 (152.6%). Consequently, this property is overpriced.
Fair value modelled at €1,167,907 from 6 comparable sales in the area. Asking €2,950,000 sits €1,782,093 (152.6%) above — overpriced versus fair value.
Asking €2,950,000 versus the Alvor, Portimão, Faro area baseline of €1,022,800 (€3,980/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 €1,022,800, adjusted for condition and micro-location, gives a modelled fair value of €1,167,907 (€4,544/m²), a €1,782,093 (152.6%) gap versus the €2,950,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alvor · 2ce02f | Subject | €2,950,000 | €11,479 | — | 83 | 80 |
| Alvor · 3a70ff | Active | €4,000,000 | €8,493 | 26.0% | 82 | 73 |
| Alvor · ba5a64 | Active | €840,000 | €3,307 | 71.2% | 83 | 71 |
| Alvor · 0324e8 | Active | €2,550,000 | €4,653 | 59.5% | 82 | 71 |
| rua da Amoreira | Active | €3,150,000 | €9,000 | 21.6% | 92 | 74 |
| Median comp | €2,850,000 | €6,573 | 42.7% | 83 | 72 |
Short-term vacation rental The property is overpriced at €2,950,000, given the fair value of €1,167,907, which results in a significant 152.6% gap. While the tourist-focused area promises strong rental demand, the gross yield of 1.4% falls short of expectations for a viable short-term vacation rental investment. Buy-and-hold At €2,950,000, this property is considerably overpriced compared to its fair value of €1,167,907, resulting in a 152.6% overvaluation. The low gross yield of 1.4% combined with the high purchase price makes it an unsuitable buy-and-hold strategy for future wealth accumulation. Family rental With a listing price of €2,950,000 well above the fair value of €1,167,907, this property is overpriced by 152.6%. Although the area is family-friendly with a decent safety rating, the gross yield of 1.4% indicates that it would not be a sound investment for family rental purposes.
Potential Economic Downturn One significant risk is that with an economic stability score of 75/100, external economic factors could impact property value and rental income negatively.
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