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.
0-bedroom, 0-bathroom apartment of 54 m², built in 1989. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Noteworthy Features: The apartment benefits from two generous balconies ideal for outdoor relaxation, and its third-floor location offers abundant natural light alongside a vibrant community atmosphere in São Brás de Alportel.
The valuation. The asking price of €239,000 sits €151,601 (63.4%) above the fair value of €87,399, signaling that this property is overpriced in the current market context.
Fair value modelled at €87,399 from the area baseline, adjusted for condition and location. Asking €239,000 sits €151,601 (63.4%) above — overpriced versus fair value.
Asking €239,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €92,718 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 67 · Materials 60 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 65 · Amenities 65 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
São Brás de Alportel, São Brás de Alportel, Faro
Area baseline €92,718 + condition -€9,028 + location +€3,709 = modelled fair value of €87,399 (€1,618/m²), a €151,601 (63.4%) gap versus the €239,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Brás de Alportel · ba5a3c | Subject | €239,000 | €4,426 | — | 67 | 60 |
| rua Doutor José Dias Sancho, 159 | Active | €339,000 | €2,216 | 49.9% | 72 | 70 |
| rua João Rosa Beatriz, 69 | Active | €370,000 | €2,741 | 38.1% | — | 64 |
| rua Luís Bívar | Active | €290,000 | €1,908 | 56.9% | 70 | 58 |
| São Brás de Alportel · 49b836 | Active | €395,000 | €2,351 | 46.9% | 80 | 63 |
| Median comp | €354,500 | €2,284 | 48.4% | 72 | 64 |
Short-term vacation rental The property’s valuation at €239,000 represents a significant gap of 63.4% compared to its fair value of €87,399, indicating it is overpriced for investment as a vacation rental. Given the location is driven by tourism, the expected yield of 3.6% gross does not justify this high purchase price when considering potential occupancy rates and costs involved. Buy-and-hold Holding this property as a buy-and-hold investment is not advisable due to its current pricing, which is 63.4% above its fair value of €87,399. The gross yield of 3.6% does not reflect a favorable return on investment, especially considering the condition rating of 64/100 and overall neighborhood qualities. Family rental The 0-bed apartment listing price of €239,000 is about 63.4% higher than its fair value, making this property overpriced for the family rental market. While the low crime rate in the Algarve is appealing for families, the projected yield of 3.6% is insufficient to warrant such an elevated investment. Not ideal for: Student housing, Luxury market.
Tenant turnover risk With both economic stability and tenant stability scores at 55/100, there is a significant risk of high tenant turnover, potentially affecting rental income stability.
