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, 1-bathroom house of 97 m², built in 1993, energy rating E. Located Aljezur parish, Aljezur municipality, Faro district. The property includes a spacious enclosed porch and an approved project for developing 6 apartments, enhancing its investment potential significantly in a prime location.
The valuation. The asking price of €650,000 significantly exceeds the fair value of €167,871, placing it €482,129 (74.2%) above fair market expectations. This property is clearly overpriced.
Fair value modelled at €167,871 from the area baseline, adjusted for condition and location. Asking €650,000 sits €482,129 (74.2%) above — overpriced versus fair value.
Asking €650,000 versus the Aljezur, Aljezur, Faro area baseline of €166,549 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 72 · Materials 65 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 70 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Aljezur, Aljezur, Faro
Area baseline €166,549 + condition -€10,003 + location +€11,325 = modelled fair value of €167,871 (€1,731/m²), a €482,129 (74.2%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aljezur · 0dcca8 | Subject | €650,000 | €6,701 | — | 72 | 67 |
| Aljezur · ba5bb0 | Active | €882,000 | €7,412 | 10.6% | — | 64 |
| Aljezur · 6fbd8f | Active | €350,000 | €5,000 | 25.4% | 55 | 60 |
| Aljezur · 6fb863 | Active | €350,000 | €4,487 | 33.0% | 45 | 59 |
| urbanização Vale da Telha, 686 | Active | €785,000 | €2,670 | 60.2% | 76 | 50 |
| Median comp | €567,500 | €4,744 | 29.2% | 55 | 60 |
Short-term vacation rental This property, priced at €650,000, starkly exceeds its fair value of €167,871, suggesting it is not an ideal choice for short-term vacation rental opportunities. The 0% gross yield indicates that potential income is unlikely to justify the high acquisition cost, undermining its feasibility in a tourist-centric market. Long-term rental At €650,000, the house is significantly overpriced compared to the fair value of €167,871, making it an unsuitable option for long-term rental investments. The current 0% yield reflects a lack of income potential that further complicates the rationale for a long-term commitment in this property. Buy-and-hold Buying this property at €650,000, which is well above the fair value of €167,871, presents considerable risks as a buy-and-hold investment. The stagnant yield of 0% and high price overshadow any potential appreciation, suggesting that this strategy would not be profitable in the near future.
Economic volatility The property's economic stability score of 60/100 suggests potential fluctuations in the market that could affect rental income and property value negatively. Tenant turnover risk With a tenant stability score of 65/100, there is an elevated risk of tenant turnover, which can lead to increased vacancy rates and expenses associated with finding new tenants.
