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, energy rating D. Located Bordeira parish, Aljezur municipality, Faro district. This property features two independent dwellings and expansive rustic plots, offering unique potential for multifamily housing or investment in agricultural activities within a serene natural setting.
The valuation. The asking price of €460,000 is significantly above the fair value of €196,309, presenting an overpriced situation with a variance of €263,691 (57.3%). This property does not represent a sound investment opportunity.
Fair value modelled at €196,309 from the area baseline, adjusted for condition and location. Asking €460,000 sits €263,691 (57.3%) above — overpriced versus fair value.
Asking €460,000 versus the Bordeira, 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 50/100 (Condition 55 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Bordeira, Aljezur, Faro
Area baseline €236,946 + condition -€53,906 + location +€13,269 = modelled fair value of €196,309 (€1,423/m²), a €263,691 (57.3%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bordeira · 25f44f | Subject | €460,000 | €3,333 | — | 55 | 64 |
| rua da Boavista, 1 | Active | €315,000 | €4,257 | 27.7% | 40 | 68 |
| Bordeira · 023c3c | Active | €315,000 | €4,257 | 27.7% | 42 | 74 |
| travessa do Castelo | Active | €460,000 | €2,233 | 33.0% | 60 | 68 |
| rua Direita, 13 | Active | €470,000 | €4,845 | 45.4% | 36 | 70 |
| Median comp | €387,500 | €4,257 | 27.7% | 41 | 69 |
Short-term vacation rental The property is not an attractive choice for short-term vacation rentals due to its high listing price, making it difficult to achieve a positive return on investment, especially with a gross yield of 0%. Moreover, the overall condition is only rated 50, which limits its appeal to potential guests seeking quality accommodations in the Algarve tourism market. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable, given its significant gap from fair value at 57.3% above the reasonable price, which implies future appreciation may be unlikely. With a fair value of €196,309, holding this property could result in a financially burdensome asset without adequate rental income to offset the costs. Family rental The family rental market is not a viable strategy for this property considering its overpriced nature and the lack of rental yield, which diminishes its attractiveness to families looking for affordable housing options. The condition rating of 50 out of 100 suggests that substantial investment in repairs would be necessary to meet the standards expected by family tenants in the area.
Economic Vulnerability The property's economic stability score of 55/100 indicates a heightened risk of economic downturns that could impact tenant retention and rental income.
