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, 1-bathroom townhouse of 61 m², built in 1937, energy rating E. Located Aljezur parish, Aljezur municipality, Faro district. This townhouse features a traditional wood-burning stove and a small rear courtyard, providing private outdoor space, all while being nestled in Aljezur's historic pedestrianized centre.
The valuation. The asking price of €300,000 is only €3,932 or 1.3% above the fair value of €296,068, indicating that this property is priced reasonably within the current market. Buy-to-flip angle. The plan for resale focuses on enhancing the property's appeal through minor renovations to attract potential buyers, capitalizing on the tourist demand in Aljezur. Buy-to-let angle. With a gross yield of 0% and the potential for short-term vacation rentals, the property can generate income during peak tourist seasons, offering a steady revenue stream.
Fair value modelled at €296,068 from 6 comparable sales in the area. Asking €300,000 sits €3,932 (1.3%) above — overpriced versus fair value.
Asking €300,000 versus the Aljezur, Aljezur, Faro area baseline of €280,216 (€4,594/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €280,216, adjusted for condition and micro-location, gives a modelled fair value of €296,068 (€4,854/m²), a €3,932 (1.3%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aljezur · 8ee4cd | Subject | €300,000 | €4,918 | — | 66 | 70 |
| Aljezur · 0dcca8 | Active | €650,000 | €6,701 | 36.3% | 72 | 67 |
| Aljezur · ba5bb0 | Active | €882,000 | €7,412 | 50.7% | — | 64 |
| Aljezur · 6fbd8f | Active | €350,000 | €5,000 | 1.7% | 55 | 60 |
| Aljezur · 6fb863 | Active | €350,000 | €4,487 | 8.8% | 45 | 59 |
| Median comp | €500,000 | €5,851 | 19.0% | 55 | 62 |
Short-term vacation rental While the property is located in a tourist-heavy area of Algarve, the yield is currently at 0%, making it less attractive for short-term vacation rental investments. Given its fair market valuation, this property may not generate desirable returns during the peak tourist season. Buy-and-hold As the property is fairly priced at €300,000, potential appreciation may be limited, especially with a yield of 0% gross. Collectively, these factors suggest that while it can serve as a stable asset, its long-term growth potential may be constrained. Family rental With a condition rating of 65/100 and a neighborhood score of 70/100, this property may meet the basic requirements for family rentals, but its fair pricing does not imply a competitive edge in this segment. The lack of yield further complicates its attractiveness as a long-term rental option for families.
Economic Decline Risk The economic stability score of 65 indicates a potential risk of downturns, while the tenant stability score of 60 suggests that tenant retention may be compromised, both affecting overall investment returns negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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