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, 4-bathroom bungalow of 294 m², built in 2007, energy rating D. Located on urbanização Vale da Telha, 686, Aljezur parish, Aljezur municipality, Faro district. Noteworthy Features: The property includes a separate garage area equal in size to the house, perfect for conversion into an apartment or workspace, and a meticulously cultivated garden with mature fruit trees and a prepared area for an above-ground pool.
The valuation. The asking price of €785,000 significantly exceeds the fair value of €499,286, resulting in an overvaluation of €285,715 (36.4%). This property is not positioned as a viable investment at its current asking price.
Fair value modelled at €499,286 from the area baseline, adjusted for condition and location. Asking €785,000 sits €285,715 (36.4%) above — overpriced versus fair value.
Asking €785,000 versus the urbanização Vale da Telha, 686 area baseline of €1,030,470 (€3,505/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 76 · Materials 71 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 50/100 (Housing Market 50 · Amenities 50 · Economic 45 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
urbanização Vale da Telha, 686
Area baseline €1,030,470 + condition -€5,513 + location +€0 = modelled fair value of €499,286 (€1,698/m²), a €285,715 (36.4%) gap versus the €785,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Vale da Telha, 686 | Subject | €785,000 | €2,670 | — | 76 | 50 |
| Aljezur · 0014aa | Active | €1,250,000 | €4,464 | 67.2% | — | 71 |
| Aljezur · ba5bb0 | Active | €882,000 | €7,412 | 177.6% | — | 64 |
| Aljezur · 0dcca8 | Active | €650,000 | €6,701 | 151.0% | 72 | 67 |
| Aljezur · 7354b7 | Active | €650,000 | €2,814 | 5.4% | — | 68 |
| Median comp | €766,000 | €5,583 | 109.1% | 72 | 68 |
Short-term vacation rental The 3-bed bungalow with a gross yield of 3.4% is overpriced by 36.4%, making it a less attractive investment for short-term vacation rentals. Additionally, the average neighborhood rating of 50/100 indicates it may struggle to attract premium vacation renters. Buy-and-hold With a fair value of €499,286, holding this property at the current listing price of €785,000 may not yield favorable returns, considering the gap of 36.4%. Furthermore, the property’s condition score of 74/100 combined with an average-quality neighborhood suggest limited appreciation potential over time.
Low Economic Stability Risk The economic stability score of 45/100 indicates a heightened risk of market downturns that could affect rental prices and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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