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 house of 170 m², energy rating F. Located Aljezur parish, Aljezur municipality, Faro district. Noteworthy feature: The property comes with a Local Accommodation license, enabling flexible rental opportunities in a sought-after holiday destination. Other feature: The large plot allows for potential landscaping and outdoor projects.
The valuation. The asking price of €640,000 is significantly above the fair value of €298,778, exceeding it by €341,222 (53.3%). This property is therefore considered overpriced and may pose challenges for buyers seeking value.
Fair value modelled at €298,778 from the area baseline, adjusted for condition and location. Asking €640,000 sits €341,222 (53.3%) above — overpriced versus fair value.
Asking €640,000 versus the Aljezur, Aljezur, Faro area baseline of €291,890 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 68 · Materials 72 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 75 · Amenities 65 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Aljezur, Aljezur, Faro
Area baseline €291,890 + condition -€10,625 + location +€17,513 = modelled fair value of €298,778 (€1,758/m²), a €341,222 (53.3%) gap versus the €640,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aljezur · 90d986 | Subject | €640,000 | €3,765 | — | 68 | 65 |
| urbanização Vale da Telha, 99 | Active | €890,000 | €2,738 | 27.3% | 70 | 67 |
| urbanização Vale da Telha, 2 | Active | €595,000 | €2,755 | 26.8% | 70 | 63 |
| urbanização Vale da Telha | Active | €480,000 | €3,967 | 5.4% | 76 | 70 |
| Aljezur · 93740b | Active | €900,000 | €3,061 | 18.7% | 72 | 61 |
| Median comp | €742,500 | €2,908 | 22.8% | 71 | 65 |
Short-term vacation rental The property is overpriced at €640,000, significantly exceeding the fair value of €298,778, which suggests limited potential for profitable short-term rental returns. Additionally, while the yield of 5.1% is reasonable, the high acquisition price diminishes the attractiveness of this investment strategy. Buy-and-hold Investing in this property for a buy-and-hold strategy is not advisable due to its 53.3% gap from fair value, suggesting that considerable appreciation would be required to justify the investment. The current economic climate in Aljezur, driven largely by seasonal tourism, does not support a favorable long-term hold under such an inflated price. Family rental Family rental opportunities are unlikely to be favorable with the property listed at €640,000, which is markedly above its fair value of €298,778. The prevailing neighborhood quality scores of 65/100 and the condition rating of 71/100 further complicate the potential for successfully renting to families at a desirable price point.
Economic and Tenant Instability With both economic and tenant stability scores at 60/100, there is a significant risk of volatile income streams and potential difficulties in maintaining occupancy rates.
