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.
1-bedroom, 1-bathroom apartment of 76 m², built in 1983. Located Aljezur parish, Aljezur municipality, Faro district. Noteworthy Features: The apartment includes a sunroom that enhances its livability with abundant light and offers private storage alongside access to a communal rooftop terrace. Condition Notes: Although requiring updates, it promises functional layout and oceanic tranquility.
The valuation. The asking price of €205,000 is significantly above fair value at €118,740, resulting in a discrepancy of €86,260 (42.1%). This property should be considered overpriced.
Fair value modelled at €106,872 from the area baseline, adjusted for condition and location. Asking €205,000 sits €98,128 (47.9%) above — overpriced versus fair value.
Asking €205,000 versus the Aljezur, Aljezur, Faro area baseline of €130,492 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 40 · Materials 50 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 73/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Aljezur, Aljezur, Faro
Area baseline €130,492 + condition -€35,625 + location +€12,005 = modelled fair value of €106,872 (€1,406/m²), a €98,128 (47.9%) gap versus the €205,000 asking price.
Short-term vacation rental The 1-bed apartment in Aljezur is overpriced, with a gap of 42.1% from its fair value, which significantly diminishes its attractiveness as a short-term vacation rental. Given its current condition rating of 45/100, the property requires improvements that are unlikely to yield a profitable return in this competitive tourist market. Family rental With a gross yield of 0% and a fair value of €118,740, the property is overpriced at €205,000, making it a less compelling option for family rentals. The seasonal nature of the Algarve region may result in tenant instability, further complicating the long-term rental appeal. Buy-and-hold The investment in this Aljezur apartment represents a poor buy-and-hold strategy due to its significant 42.1% overpricing compared to its fair value. The existing condition and economic factors suggest that long-term appreciation potential is limited, making this property an unfavorable hold for investors.
Economic downturn risk With an economic stability score of 65/100, there is a moderate risk that economic fluctuations could impact rental income and property values negatively.
