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.
5-bedroom, 1-bathroom country_house of 97 m², built in 1951, energy rating E. Located on rua Direita, 13, Bordeira parish, Aljezur municipality, Faro district. Noteworthy features: The property includes a secondary 41m² building currently utilized as a warehouse, providing additional storage potential or conversion opportunities for various uses.
The valuation. The asking price of €470,000 is significantly above the fair value of €130,312, reflecting an overpricing of €339,688, or 72.3%. This places the property well outside the reasonable market expectations.
Fair value modelled at €130,312 from the area baseline, adjusted for condition and location. Asking €470,000 sits €339,688 (72.3%) above — overpriced versus fair value.
Asking €470,000 versus the rua Direita, 13 area baseline of €361,034 (€3,722/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 42/100 (Condition 36 · Materials 44 · Room dimensions 52). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Direita, 13
Area baseline €361,034 + condition -€49,561 + location +€13,324 = modelled fair value of €130,312 (€1,343/m²), a €339,688 (72.3%) gap versus the €470,000 asking price.
Short-term vacation rental Due to the significant gap between the listing price of €470,000 and the fair value of €130,312, this property is not suitable for a short-term vacation rental strategy, leading to unfeasible investment calculations. With a gross yield of 0%, the potential for profitable returns in a tourism-reliant market like the Algarve is effectively negated. Buy-and-hold The property’s substantial overvaluation at €470,000 compared to its fair value of €130,312 makes a buy-and-hold strategy impractical, as the immediate capital requirement is excessively high. Given the current condition score of 42/100, long-term appreciation is unlikely to compensate for the entry price. Value-add renovation Investing in value-add renovation for this property is unadvisable since the listing price of €470,000 is significantly above its fair value of €130,312, leading to a 72.3% gap. Furthermore, with the property in only fair condition at 42/100, potential renovation costs would likely exacerbate the existing overvaluation issue.
Economic Vulnerability With an economic stability score of 60/100, there is a risk of economic downturn affecting property value and tenant retention.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
