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 198 m², built in 1950, energy rating F. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Noteworthy Features: The house boasts a unique exemption from housing license due to its pre-1951 construction, adding significant appeal for investors seeking renovation opportunities in historic contexts.
The valuation. The asking price of €275,000 sits €6,236 (2.3%) above the fair value of €268,764, which indicates that the property is overpriced. This discrepancy suggests potential challenges in achieving a favorable return on investment.
Fair value modelled at €239,657 from the area baseline, adjusted for condition and location. Asking €275,000 sits €35,343 (12.9%) above — overpriced versus fair value.
Asking €275,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €339,966 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 40/100 (Condition 35 · Materials 45 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 57/100 (Housing Market 60 · Amenities 60 · Economic 50 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
São Brás de Alportel, São Brás de Alportel, Faro
Area baseline €339,966 + condition -€109,828 + location +€9,519 = modelled fair value of €239,657 (€1,210/m²), a €35,343 (12.9%) gap versus the €275,000 asking price.
Short-term vacation rental\nThis property is overpriced by 2.3% against its fair value, making it challenging to achieve a solid return on investment in the short-term vacation rental market. While the gross yield of 5.4% is attractive, the condition rating of 40/100 raises concerns about potential renovation costs.\n\nBuy-and-hold\nWith a fair value of €268,764 and a listing price of €275,000, this property does not present a compelling opportunity for long-term appreciation in the buy-and-hold strategy. Additionally, the neighborhood rating of 57/100 suggests that future value growth may be limited, contributing to its status as overpriced.\n\nFamily rental\nThe family rental market would face challenges with this property given its 2.3% overpricing compared to fair value and condition score of 40/100 which could deter potential tenants. A neighborhood rating of 57/100 indicates a moderate tenant quality, further complicating the appeal for long-term family occupancy.
Economic and Tenant Stability Risk The combined scores of 50/100 for economic stability and 55/100 for tenant stability indicate potential volatility in rental income and property value.
