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 country_house of 74 m², built in 1960. Located on rua da Boavista, 1, Bordeira parish, Aljezur municipality, Faro district. Noteworthy Features: This property features a spacious living room with dune views and excellent solar exposure, ideal for transforming into a modern beach house close to Carrapateira beach.
The valuation. The asking price of €315,000 is significantly higher than the fair value of €101,519, indicating it is overpriced by €213,481 (67.8%). This substantial discrepancy suggests limited investment appeal given current market conditions.
Fair value modelled at €101,519 from the area baseline, adjusted for condition and location. Asking €315,000 sits €213,481 (67.8%) above — overpriced versus fair value.
Asking €315,000 versus the rua da Boavista, 1 area baseline of €275,428 (€3,722/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 48). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua da Boavista, 1
Area baseline €275,428 + condition -€34,688 + location +€9,148 = modelled fair value of €101,519 (€1,372/m²), a €213,481 (67.8%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Boavista, 1 | Subject | €315,000 | €4,257 | — | 40 | 68 |
| Bordeira · 25f44f | Active | €460,000 | €3,333 | 21.7% | 55 | 64 |
| travessa do Castelo | Active | €460,000 | €2,233 | 47.5% | 60 | 68 |
| rua Direita, 13 | Active | €470,000 | €4,845 | 13.8% | 36 | 70 |
| rua Direita | Active | €240,000 | €1,846 | 56.6% | 15 | 72 |
| Median comp | €460,000 | €2,783 | 34.6% | 46 | 69 |
Short-term vacation rental The current listing price of €315,000 significantly exceeds the fair value of €101,519, indicating that this property is overpriced. With a gross yield of 0%, the potential for short-term rental income is unappealing given the high acquisition cost. Long-term rental Given the recent valuation gap of 67.8%, investing in this property for long-term rental is not advisable as it is overpriced at €315,000. The property's low condition score of 45/100 further detracts from its viability as a profitable long-term rental investment. Buy-and-hold Although the Algarve has its appeal, the significant price discrepancy highlights that this property is overpriced at €315,000. With a fair value of just €101,519, the investment does not align with a prudent buy-and-hold strategy given the current financial metrics.
Economic Vulnerability The property faces a risk due to an economic stability score of 65/100, indicating potential fluctuations in economic conditions that may impact rental income. Tenant Instability With a tenant stability score of 55/100, there is a heightened risk of turnover and vacancy, affecting cash flow and profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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