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 apartment of 153 m² on the 2nd floor. Located on rua Doutor José Dias Sancho, 159, São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. This apartment features a solar panel system for efficient water heating as well as a fireplace with heat recovery, ensuring both energy efficiency and comfort.
The valuation. The asking price of €339,000 is notably above the fair value of €284,195, indicating an overpriced status of €54,805 (16.2%). This property does not justify its asking price based on current market evaluations.
Fair value modelled at €284,195 from the area baseline, adjusted for condition and location. Asking €339,000 sits €54,805 (16.2%) above — overpriced versus fair value.
Asking €339,000 versus the rua Doutor José Dias Sancho, 159 area baseline of €262,701 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 80 · Economic 50 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor José Dias Sancho, 159
Area baseline €262,701 + condition +€478 + location +€21,016 = modelled fair value of €284,195 (€1,857/m²), a €54,805 (16.2%) gap versus the €339,000 asking price.
Short-term vacation rental The property is overpriced, with a listing price of €339,000 significantly exceeding its fair value of €284,195. Despite the appealing proximity to beaches for potential guests, the expected yield of 3.3% fails to justify the high price point in the local tourism-driven market. Long-term rental Pricing stands at a premium compared to its fair value, which may hinder the attraction of long-term tenants seeking reasonable rent rates. With a yield of only 3.3% and a condition rating of 75/100, the property's financial performance does not align well with its listing price, making it less appealing to long-term rental investors. Buy-and-hold While São Brás de Alportel's tourism influence offers potential for appreciation, the current listing price of €339,000 places the investment in an overpriced category compared to its fair value of €284,195. Holding this property represents a risk, as the development potential and yield don’t justify paying above-market rates for long-term asset growth.
Economic vulnerability With an economic stability score of 50/100, there is a notable risk due to potential market fluctuations that could affect rental income and property value.