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 house of 106 m², built in 1984, energy rating C. Located on urbanização Vale da Telha S / N, Aljezur parish, Aljezur municipality, Faro district. This property features an independent studio with a bathroom near the pool, perfect for a home office or guest accommodation, enhancing its versatility and value.
The valuation. The asking price of €590,000 sits significantly above its fair value of €219,976, indicating it is overpriced by €370,024 (62.7%). This discrepancy suggests potential difficulty in recapturing the investment at this price point.
Fair value modelled at €203,484 from the area baseline, adjusted for condition and location. Asking €590,000 sits €386,516 (65.5%) above — overpriced versus fair value.
Asking €590,000 versus the urbanização Vale da Telha S / N area baseline of €182,002 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
urbanização Vale da Telha S / N
Area baseline €182,002 + condition +€5,466 + location +€16,016 = modelled fair value of €203,484 (€1,920/m²), a €386,516 (65.5%) gap versus the €590,000 asking price.
Short-term vacation rental The property is overpriced at €590,000, compared to its fair value of €219,976, resulting in a significant 62.7% gap that undermines potential returns. With a gross yield of 0% and economic fluctuations impacting tourism in the Algarve, this investment does not align with viable short-term rental strategies. Long-term rental Given the substantial overvaluation of this house, there are limited prospects for generating consistent rental income, especially with a yield of 0%. The combined rating of 72/100 for the neighborhood and the house's condition suggests minimal appeal for sustained long-term tenants at the asking price. Buy-and-hold Holding this property long-term appears unwise due to its current overpricing and the lack of a profitable yield. As the housing market in Aljezur is influenced by seasonal employment and fluctuating economic conditions, the investment is unlikely to appreciate meaningfully over time. Not ideal for: Student housing, Luxury market, Value-add renovation
Lower Economic Resilience The economic stability score of 65/100 suggests that fluctuations in the local economy could lead to higher vacancy rates and rental income instability.
