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, 2-bathroom apartment of 99 m² on the 6th floor, built in 2002, energy rating C. Located on praceta Maria João Abreu Fialho, 4, Alvor parish, Portimão municipality, Faro district. Noteworthy Features: This apartment boasts a private balcony with stunning sea and mountain views, enhancing its appeal for both relaxation and investment in the Algarve region.**
The valuation. The asking price of €340,000 is slightly above the fair value of €324,538, resulting in a difference of €15,462 (4.8%). This positioning suggests the property is fairly priced in a stable market.
Fair value modelled at €324,538 from 6 comparable sales in the area. Asking €340,000 sits €15,462 (4.8%) above — overpriced versus fair value.
Asking €340,000 versus the praceta Maria João Abreu Fialho, 4 area baseline of €297,594 (€3,006/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €297,594, adjusted for condition and micro-location, gives a modelled fair value of €324,538 (€3,278/m²), a €15,462 (4.8%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Maria João Abreu Fialho, 4 | Subject | €340,000 | €3,434 | — | 72 | 73 |
| rua dos Cravos, 7A | Active | €350,000 | €2,273 | 33.8% | 72 | 73 |
| rua da Misericórdia, B1 | Active | €327,000 | €3,479 | 1.3% | 80 | 70 |
| Portimão · 51b42f | Active | €290,000 | €3,295 | 4.0% | 68 | 70 |
| Portimão · 1441a8 | Active | €375,000 | €3,261 | 5.1% | 74 | 74 |
| Median comp | €338,500 | €3,278 | 4.6% | 73 | 72 |
Short-term vacation rental The property is positioned in the Algarve region, which is a strong market for short-term vacation rentals, attracting both tourists and expats. However, the current listing price slightly exceeds fair value, limiting immediate upside potential despite the consistent demand. Long-term rental With a gross yield of 3.9%, this apartment presents a moderate return on investment for long-term rental purposes. The fair valuation suggests that while the rental market is stable, the property is priced at a level that does not provide significant room for negotiation or value appreciation. Buy-and-hold As a buy-and-hold investment, this apartment in Alvor aligns with the region's overall economic stability, fueled by tourism and expat demand. However, the property’s fair value status indicates that it is not poised for immediate capital appreciation, thus requiring a longer investment horizon to realize substantial benefits.
Economic Vulnerability With an economic stability score of 65/100, there is a potential risk of economic downturns affecting property values and 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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