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.
4-bedroom, 2-bathroom apartment of 155 m², built in 2007, energy rating C. Located on rua Variante, 19, Odeceixe parish, Aljezur municipality, Faro district. Additional Feature: This apartment's location within a private condominium provides enhanced security and exclusive access to communal amenities, fostering a sense of community and privacy for residents.
The valuation. The asking price of €335,000 sits €74,097 (22.1%) above the fair value of €260,903, suggesting that the property is overpriced for potential investors. Its current market position raises concerns regarding immediate profitability.
Fair value modelled at €260,903 from the area baseline, adjusted for condition and location. Asking €335,000 sits €74,097 (22.1%) above — overpriced versus fair value.
Asking €335,000 versus the rua Variante, 19 area baseline of €447,485 (€2,887/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 76 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 51/100 (Housing Market 50 · Amenities 50 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Variante, 19
Area baseline €447,485 + condition -€6,297 + location +€1,065 = modelled fair value of €260,903 (€1,683/m²), a €74,097 (22.1%) gap versus the €335,000 asking price.
Long-term rental This property’s asking price is significantly above its fair value, limiting the potential for a sustainable long-term rental strategy. With a gross yield of 0% and a neighbourhood quality score of 51/100, this investment may not attract desirable tenants or yield satisfactory returns. Buy-and-hold Given the 22.1% gap between the listing price and fair value, this property appears overpriced for a buy-and-hold strategy. The condition rating of 72/100 and lack of rental yield suggest limited appreciation potential and could result in a negative investment experience over time. Family rental At €335,000, this apartment is overpriced and may deter families looking for rental options that provide value for money. The neighbourhood rating of 51/100 indicates a less desirable living environment that may not meet the expectations of family renters. Not ideal for: Given its current pricing and property profile, this investment is not suitable for student housing, short-term vacation rentals, or the luxury market. The combination of the property's condition and neighbourhood ratings underscores its limited appeal in these sectors.
Economic Fluctuation Risk The economic stability score of 45/100 indicates a potential for significant market downturns that could negatively impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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