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 113 m², built in 2005, energy rating C. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. This property features a south-facing patio with a cozy outdoor area perfect for entertaining, and high ceilings in the living room enhancing the overall spaciousness.
The valuation. The asking price of €398,000 is significantly above the fair value of €211,489, indicating that this property is overpriced by €186,511, which is approximately 46.9%.
Fair value modelled at €211,489 from the area baseline, adjusted for condition and location. Asking €398,000 sits €186,511 (46.9%) above — overpriced versus fair value.
Asking €398,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €194,021 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 80 · Materials 75 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 80 · Amenities 65 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
São Brás de Alportel, São Brás de Alportel, Faro
Area baseline €194,021 + condition +€5,827 + location +€11,641 = modelled fair value of €211,489 (€1,872/m²), a €186,511 (46.9%) gap versus the €398,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Brás de Alportel · 25f6e1 | Subject | €398,000 | €3,522 | — | 80 | 65 |
| rua Primeiro de Maio, 12 | Active | €450,000 | €2,922 | 17.0% | 74 | 67 |
| São Brás de Alportel · 82c6af | Active | €300,000 | €3,000 | 14.8% | 75 | 62 |
| São Brás de Alportel · f3606b | Active | €595,000 | €2,361 | 33.0% | 65 | 55 |
| Santa Bárbara de Nexe · 95687a | Active | €580,000 | €5,273 | 49.7% | 75 | 61 |
| Median comp | €515,000 | €2,961 | 15.9% | 75 | 62 |
Short-term vacation rental Given its location in the Algarve tourist region, this property has potential for short-term vacation rental gains, but its current listing price reflects a considerable gap of 46.9% from its fair value. Therefore, the yield of 4% gross may not be attractive enough to justify the premium being asked. Buy-and-hold While holding the property could provide some long-term benefits, the significant overpricing of 46.9% suggests that potential appreciation may not sufficiently compensate for the inflated purchase price. Additionally, the mixed school quality in the area does not favor family-oriented buyers, further diminishing its investment appeal. Family rental This property is not positioned favorably for family rental purposes due to the overall rating of 65/100 for the neighborhood and the less-than-ideal schooling options available. The high asking price of €398,000, which is substantially higher than the fair value, would likely deter families seeking a balanced living environment. Not ideal for: Student housing, Luxury market, Industrial investments The current price point makes this property unappealing for student housing, as the neighborhood and amenities do not cater to this demographic, and the listing price is misaligned with market expectations for these types of investments. Similarly, its characteristics do not align with luxury market standards or industrial investment criteria, reinforcing that the property is overpriced overall.
Tenant turnover risk High tenant turnover is a possibility given the economic and tenant stability scores of 60/100, which may lead to increased vacancy rates and associated costs.
