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.
2-bedroom, 1-bathroom house of 70 m², energy rating F. Located Aljezur parish, Aljezur municipality, Faro district. This property features a spacious paved outdoor area with ideal sun exposure for al fresco living and boasts panoramic views over Aljezur's picturesque village and green countryside.
The valuation. The asking price of €350,000 is €247,424 (70.7%) above the fair value of €102,576, indicating that the property is overpriced. This significant gap suggests limited potential for immediate equity gains.
Fair value modelled at €102,576 from the area baseline, adjusted for condition and location. Asking €350,000 sits €247,424 (70.7%) above — overpriced versus fair value.
Asking €350,000 versus the Aljezur, Aljezur, Faro area baseline of €120,190 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 55 · Materials 50 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 70 · Amenities 60 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Aljezur, Aljezur, Faro
Area baseline €120,190 + condition -€22,422 + location +€4,808 = modelled fair value of €102,576 (€1,465/m²), a €247,424 (70.7%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aljezur · 6fbd8f | Subject | €350,000 | €5,000 | — | 55 | 60 |
| Aljezur · 6fb863 | Active | €350,000 | €4,487 | 10.3% | 45 | 59 |
| Aljezur · 0dcca8 | Active | €650,000 | €6,701 | 34.0% | 72 | 67 |
| Aljezur · ba5bb0 | Active | €882,000 | €7,412 | 48.2% | — | 64 |
| Aljezur · ba5bc0 | Active | €885,000 | €4,733 | 5.3% | 32 | 61 |
| Median comp | €766,000 | €5,717 | 14.3% | 45 | 63 |
Long-term rental The property's significant gap from fair value of 70.7% indicates it is overpriced at €350,000, making it a less attractive option for long-term rental strategies. With a gross yield of only 3.2%, the potential returns do not justify this price point in the current market. Short-term vacation rental Given the current valuation of €350,000, the property's 3.2% gross yield suggests it is overpriced and likely to underperform in the short-term vacation rental market. The mixed-use of the Algarve region with a strong tourism flow might not compensate for the significant overpricing evident in this property. Buy-and-hold At a listing price of €350,000, this property is overpriced relative to its estimated fair value of €102,576, which makes it a questionable candidate for a buy-and-hold strategy. The low condition score of 55/100 further exacerbates the investment risk, reducing its likelihood for appreciation over time.
Economic volatility risk With an economic stability score of 50/100, there is a heightened risk of market fluctuations impacting property value and tenant retention.
