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.
3-bedroom, 2-bathroom country_house of 138 m², built in 1951, energy rating D. Located Aljezur parish, Aljezur municipality, Faro district. This property features two urban houses with potential for dual rental income, set on expansive land suitable for agriculture or cultivation in a serene rural setting near iconic beaches.
The valuation. The asking price of €460,000 is significantly above the fair value of €211,699, marking a €248,301 premium (54.0%). This property is clearly overpriced compared to its potential market value.
Fair value modelled at €211,699 from the area baseline, adjusted for condition and location. Asking €460,000 sits €248,301 (54.0%) above — overpriced versus fair value.
Asking €460,000 versus the Aljezur, Aljezur, Faro area baseline of €236,946 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 52 · Materials 55 · Room dimensions 58). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Aljezur, Aljezur, Faro
Area baseline €236,946 + condition -€44,203 + location +€18,956 = modelled fair value of €211,699 (€1,534/m²), a €248,301 (54.0%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aljezur · 82c768 | Subject | €460,000 | €3,333 | — | 52 | 70 |
| Bordeira · 25f44f | Active | €460,000 | €3,333 | 0% | 55 | 64 |
| Rogil · 49b831 | Active | €400,000 | €3,200 | 4.0% | 58 | 61 |
| avenida 16 de Junho, 70 | Active | €400,000 | €3,200 | 4.0% | 48 | 48 |
| Aljezur · ba5bb0 | Active | €882,000 | €7,412 | 122.4% | — | 64 |
| Median comp | €430,000 | €3,267 | 2.0% | 55 | 63 |
Short-term vacation rental The property at €460,000 significantly exceeds its fair value of €211,699, indicating a 54% mark-up that diminishes its attractiveness for short-term vacation rental investments. Additionally, the zero percent gross yield reflects an absence of rental income potential, making the current pricing untenable in a competitive market. Long-term rental With the listing price at €460,000 far above its fair value, the property is unlikely to attract long-term tenants who seek reasonable rental rates. Moreover, the property’s condition rating of 55/100 and the corresponding zero percent yield suggest that it lacks the appeal and income generation necessary for sustainable long-term rental investments. Buy-and-hold Investing in this property for a buy-and-hold strategy is unattractive given its significant price overvaluation relative to the assessed fair value. The combination of an unfavorable market yield and the overall condition further complicates the opportunity for long-term appreciation or return on investment in this scenario.
Economic Vulnerability The property faces economic vulnerability with a score of 60/100, indicating exposure to potential market fluctuations that could affect rent and tenant retention.
