Pedro Álvaro is in the final year of his contract with Estoril and may leave in January to avoid a free transfer. He was very close to a transfer to Malmo, Sweden, at the start of the season due to his impressive performance in the previous season.

Pedro Álvaro is attracting interest from a top-tier club in Croatia. The club is considering a proposal to strengthen their defense.

Pedro Álvaro is attracting interest from a club in Ligue 1, France. The club is studying the possibility of strengthening their defense with another central defender.

Pedro Álvaro had advanced conversations with Malmo and Estoril regarding a possible transfer. However, Malmo decided to rely on young player Nils Zatterstrom and did not proceed with the transfer.