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 152 m², built in 2000, energy rating E. Located on rua Luís Bívar, São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Noteworthy Features: This apartment includes a private attic, enhancing storage options, and boasts open views, contributing to a tranquil living environment in a vibrant village setting.
The valuation. The asking price of €290,000 sits €39,190 (13.5%) above the fair value of €250,810, indicating that the property is overpriced. Stakeholders should be cautious given this significant gap in valuation.
Fair value modelled at €250,810 from the area baseline, adjusted for condition and location. Asking €290,000 sits €39,190 (13.5%) above — overpriced versus fair value.
Asking €290,000 versus the rua Luís Bívar area baseline of €361,912 (€2,381/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 68 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Luís Bívar
Area baseline €361,912 + condition -€18,525 + location +€8,351 = modelled fair value of €250,810 (€1,650/m²), a €39,190 (13.5%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís Bívar | Subject | €290,000 | €1,908 | — | 70 | 58 |
| rua Doutor José Dias Sancho, 159 | Active | €339,000 | €2,216 | 16.1% | 72 | 70 |
| rua João Rosa Beatriz, 69 | Active | €370,000 | €2,741 | 43.7% | — | 64 |
| São Brás de Alportel · b45309 | Active | €480,000 | €2,567 | 34.5% | 74 | 61 |
| São Brás de Alportel · 49b836 | Active | €395,000 | €2,351 | 23.2% | 80 | 63 |
| Median comp | €382,500 | €2,459 | 28.9% | 74 | 64 |
Short-term vacation rental The 3-bed apartment in São Brás de Alportel is positioned in an area with a significant tourism influx, particularly during the summer. However, with a fair value of €250,810 compared to the listing price of €290,000, this property is overpriced by 13.5%, limiting the potential yield advantage for short-term rentals. Long-term rental While the property could suit long-term rental given its proximity to Faro and the tourism-driven economy, its 3.8% gross yield does not compensate for its overpriced status. Additionally, the current condition rating of 67/100 and the neighbourhood score of 58/100 suggest that the property may not attract quality tenants at this price point.
Economic and Tenant Risk The property's economic stability score of 55/100 indicates potential vulnerability to economic downturns, while a tenant stability score of 60/100 suggests moderate risk of tenant turnover, both factors could impact rental income consistency.
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