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 96 m², built in 2004, energy rating E. Located Aljezur parish, Aljezur municipality, Faro district. Unique Selling Point: This property offers a prime location just 100 meters from Monte Clérigo Beach, prized as one of the best beaches in Europe, enriching the living experience with coastal tranquility.
The valuation. The asking price of €499,000 significantly exceeds the fair value of €160,835, indicating an overvaluation of €338,165 (67.8%). This pricing suggests a lack of alignment with the current market dynamics.
Fair value modelled at €160,835 from the area baseline, adjusted for condition and location. Asking €499,000 sits €338,165 (67.8%) above — overpriced versus fair value.
Asking €499,000 versus the Aljezur, Aljezur, Faro area baseline of €164,832 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 72 · Materials 75 · Room dimensions 64). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Aljezur, Aljezur, Faro
Area baseline €164,832 + condition -€11,250 + location +€7,253 = modelled fair value of €160,835 (€1,675/m²), a €338,165 (67.8%) gap versus the €499,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aljezur · 1e607f | Subject | €499,000 | €5,198 | — | 72 | 61 |
| urbanização Vale da Telha | Active | €480,000 | €3,967 | 23.7% | 76 | 70 |
| Aljezur · 93740b | Active | €900,000 | €3,061 | 41.1% | 72 | 61 |
| urbanização Espartal, 1 | Active | €1,400,000 | €6,009 | 15.6% | 85 | 59 |
| urbanização Espartal, 2 | Active | €398,000 | €4,854 | 6.6% | 78 | 55 |
| Median comp | €690,000 | €4,411 | 15.1% | 77 | 60 |
Short-term vacation rental Given the significant gap of 67.8% between the listing price of €499,000 and the fair value of €160,835, investing in this property for short-term vacation rental is unappealing. With a gross yield of 0% and a condition rating of 68/100, it fails to offer the financial performance necessary for a viable tourism-driven income model. Buy-and-hold Holding this property as a long-term investment is not advisable, as the fair value of €160,835 indicates it is overpriced at €499,000. The lack of potential yield combined with a neighbourhood score of 61/100 suggests that long-term appreciation may not compensate for the initial investment. Long-term rental Investing in this property for long-term rental purposes is unlikely to generate satisfactory returns, given that it is priced 67.8% above fair value. With a gross yield of 0% and the property’s average condition, securing reliable tenants could prove challenging in this limited public transport area typical of smaller towns.
Economic Vulnerability The property faces potential financial instability due to a low economic stability score of 50/100, indicating a weak local economy.
