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 92 m², built in 1994, energy rating E. Located on rua do Ribeiro, Alvor parish, Portimão municipality, Faro district. This apartment features a direct ground-floor entrance and a spacious balcony that seamlessly connects indoor and outdoor living, perfect for enjoying the Algarve's sunny climate.
The asking price is above the fair value, with a gap of €73,000, representing a 22.7% downside from the asking price; the confidence in this fair value is low. The estimated gross yield stands at 6.2%.
The asking price is above the fair value. The fair value is derived from two models: the Transaction model, based on 147 recorded sales in Alvor, and the Adjusted asking-price model, reflecting current listings with carefully adjusted asking prices. These models are combined in a weighted manner, giving 55% to the Transaction model and 45% to the Adjusted asking-price model. Conservative adjustments were made for factors like area and cost to cure, bringing the fair value down to €247,000, which is significantly lower than the asking price of €320,000. This indicates that the asking price is above the fair value by €73,000, creating a 22.7% downside. The confidence level in this valuation is low.
Gross yield 6.2% (before costs)
No specific strategy stands out for this property.
Negotiation room: Negotiation context: asking prices in this municipality run about 16% above what similar homes actually sell for, so there is usually room to negotiate
The asking price of €320,000 exceeds the fair value of €247,000, indicating a 22.7% downside versus the asking price. The property is in fair condition with a score of 77/100, though the neighbourhood rating is lower at 50/100, reflecting potential concerns about location. Investors should carefully consider these factors in relation to the overall valuation and market conditions.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk Given the economic stability and tenant stability scores of 50/100, there is a risk that the property could experience instability in rental income and occupancy rates, impacting overall investment returns. Fair value certainty risk With a valuation confidence level rated as low, it is uncertain if the fair value of €247,000 is accurately aligned with market realities, potentially affecting resale or investment performance.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
