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.
2-bedroom, 2-bathroom house of 110 m², built in 2011, energy rating B. Located on autoestrada EM1135, Bordeira parish, Aljezur municipality, Faro district. Noteworthy Features: With terrace access from both bedrooms and a cozy sitting area equipped with a heat recuperator, this home ensures both comfort and harmony with nature. Additional Amenities: Enjoy modern conveniences while immersed in a rustic aesthetic, perfect for cozy gatherings.
The valuation. The asking price of €450,000 is substantially above the fair value of €200,230, representing an overvaluation of €249,770 (55.5%). This property is overpriced and may be challenging to justify for potential investors.
Fair value modelled at €200,230 from the area baseline, adjusted for condition and location. Asking €450,000 sits €249,770 (55.5%) above — overpriced versus fair value.
Asking €450,000 versus the autoestrada EM1135 area baseline of €188,870 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 72 · Materials 74 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
autoestrada EM1135
Area baseline €188,870 + condition -€6,016 + location +€17,376 = modelled fair value of €200,230 (€1,820/m²), a €249,770 (55.5%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada EM1135 | Subject | €450,000 | €4,091 | — | 72 | 73 |
| rua Nelson Mandela, 6 | Active | €888,000 | €5,692 | 39.1% | — | 68 |
| Budens · 001b65 | Active | €465,000 | €3,875 | 5.3% | 80 | 73 |
| Budens · 96c488 | Active | €579,000 | €3,217 | 21.4% | 75 | 75 |
| rua da Calheta | Active | €1,750,000 | €7,114 | 73.9% | — | 80 |
| Median comp | €733,500 | €4,784 | 16.9% | 78 | 74 |
Short-term vacation rental Given the property’s fair value assessment of €200,230, the current listing price of €450,000 represents a significant premium that negates the opportunity for profitable short-term vacation rentals, particularly given the 0% yield. Additionally, while the area is tourist-driven and popular among expatriates, the steep pricing limits potential returns during peak seasons. Long-term rental Despite the neighborhood's decent scores, the property is overpriced at €450,000 versus a fair value of €200,230, leading to a negative yield of 0%. The high acquisition cost along with potentially lower long-term rental yields makes this strategy financially unfavourable, limiting viability in a competitive rental market. Buy-and-hold Investing in this property is unattractive due to its listing price of €450,000, significantly above the fair value of €200,230, which translates to a 55.5% gap. Consequently, the anticipated capital appreciation in a market already pressured by high costs does not support a sound buy-and-hold strategy, making this an unadvisable investment option.
Tenant vacancy risk The tenant stability score of 70/100 suggests a moderate likelihood of tenant turnover, which may lead to temporary vacancies affecting cash flow.
