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 89 m² on the 1st floor, built in 2003, energy rating C. Located Bordeira parish, Aljezur municipality, Faro district. Noteworthy Features: The apartment boasts a stunning view of the fishing village of Ferragudo, and includes a rare garage box with capacity for two cars in this sought-after area.
The valuation. The asking price of €395,000 sits significantly above the fair value of €167,211, representing an overpricing of €227,789 (57.7%). This valuation indicates that the property is overpriced for its current market conditions.
Fair value modelled at €167,211 from the area baseline, adjusted for condition and location. Asking €395,000 sits €227,789 (57.7%) above — overpriced versus fair value.
Asking €395,000 versus the Bordeira, Aljezur, Faro area baseline of €152,813 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Bordeira, Aljezur, Faro
Area baseline €152,813 + condition +€5,841 + location +€8,558 = modelled fair value of €167,211 (€1,879/m²), a €227,789 (57.7%) gap versus the €395,000 asking price.
Short-term vacation rental The property is overpriced at €395,000, significantly above the fair value of €167,211, resulting in a 57.7% gap that challenges the viability of a short-term vacation rental strategy. Additionally, the current yield of 0% further emphasizes that the investment may not generate a return in a seasonally fluctuating tourist market. Long-term rental Investing in this one-bedroom apartment as a long-term rental appears unwise, given its listing price exceeds the fair value by 57.7% and offers no potential yield. The average condition rating of 79/100 might appeal to tenants, but combined with the overpriced nature of the asset, it's unlikely to attract long-term commitments at this price point. Buy-and-hold A buy-and-hold strategy for this property is compromised by its significant overvaluation of €395,000 compared to a fair value of €167,211, exposing investors to potential losses. The stagnant yield and the limitations of the neighborhood for long-term growth further weaken the case for holding this asset over time.
Low Economic Resilience The economic stability score of 55/100 indicates potential vulnerability to market fluctuations, which could affect tenant retention and rental income.
