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 168 m², built in 2022, energy rating B. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Noteworthy Features: The apartment includes an integrated sound system and high-security door, along with access to a sunny balcony overlooking a charming public square, enhancing both safety and leisure.
The valuation. The asking price of €395,000 is significantly above the fair value of €311,856, making it overpriced by €83,144 (21.0%). This disparity suggests potential investors should approach with caution.
Fair value modelled at €311,856 from the area baseline, adjusted for condition and location. Asking €395,000 sits €83,144 (21.0%) above — overpriced versus fair value.
Asking €395,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €288,456 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 80 · Materials 79 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 60 · Amenities 65 · Economic 55 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
São Brás de Alportel, São Brás de Alportel, Faro
Area baseline €288,456 + condition +€8,400 + location +€15,000 = modelled fair value of €311,856 (€1,856/m²), a €83,144 (21.0%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Brás de Alportel · 49b836 | Subject | €395,000 | €2,351 | — | 80 | 63 |
| rua Doutor José Dias Sancho, 159 | Active | €339,000 | €2,216 | 5.8% | 72 | 70 |
| rua Luís Bívar | Active | €290,000 | €1,908 | 18.9% | 70 | 58 |
| São Brás de Alportel · 1e669d | Active | €225,000 | €3,000 | 27.6% | 48 | 61 |
| São Brás de Alportel · ba5a3c | Active | €239,000 | €4,426 | 88.2% | 67 | 60 |
| Median comp | €264,500 | €2,608 | 10.9% | 69 | 61 |
Short-term vacation rental Given the high tourist influx during peak seasons, this property might seem appealing for short-term rentals; however, its listing price of €395,000 represents a 21.0% premium over the fair value of €311,856, raising concerns about profitability. The gross yield of 2.9% suggests limited potential for strong returns in this competitive vacation rental market. Long-term rental The long-term rental market may not be the best fit for this property, as the high asking price exceeds its fair value by 21.0%, impacting the investment's capacity to generate adequate returns. With a gross yield of only 2.9%, potential landlords might face challenges in attracting quality tenants in the current economic climate. Buy-and-hold While the buy-and-hold strategy often benefits from property appreciation, this specific listing is overpriced at €395,000, which is 21.0% above its fair valuation of €311,856, limiting future upside potential. Investors may find it difficult to realize significant appreciation or cash flow, given the low yield of 2.9% and the property’s condition and neighbourhood ratings.
Economic downturn risk The economic stability score of 55/100 indicates a moderate risk of economic downturn, which could affect tenant demand and rental income stability.
