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, 1-bathroom country_house of 120 m². Located Rogil parish, Aljezur municipality, Faro district. Noteworthy Features: The property offers expansive land within the Mira Irrigation Perimeter, providing excellent agricultural potential, along with a collapsed ruin that allows for creative redevelopment options. Access: Conveniently located just 1 km from local amenities.
The valuation. The asking price of €325,000 sits €139,457 (30.0%) below the fair value of €464,457, indicating the property is underpriced. This presents a significant opportunity for investors seeking undervalued real estate. Buy-to-flip angle. The strategy for resale involves renovations to address the outdated condition and low-quality materials, enhancing property appeal. With necessary upgrades, a profitable flip is anticipated in a favorable market. Buy-to-let angle. A buy-and-hold strategy focuses on leveraging the Algarve's strong tourism-driven demand for short-term vacation rentals. This can generate a steady stream of rental income despite an initial gross yield of 0%.
Fair value modelled at €464,457 from 6 comparable sales in the area. Asking €325,000 sits €139,457 (30.0%) below — the upside to fair value.
Asking €325,000 versus the Rogil, Aljezur, Faro area baseline of €493,532 (€4,113/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 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 €493,532, adjusted for condition and micro-location, gives a modelled fair value of €464,457 (€3,870/m²), a €139,457 (30.0%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rogil · b327dc | Subject | €325,000 | €2,708 | — | — | 59 |
| Aljezur · 6eb9da | Active | €800,000 | €3,226 | 19.1% | — | 53 |
| Aljezur · ba5bc0 | Active | €885,000 | €4,733 | 74.7% | 32 | 61 |
| Marmelete · 9113b4 | Active | €395,000 | €4,115 | 51.9% | 20 | 70 |
| Aljezur · 911733 | Active | €398,000 | €4,975 | 83.7% | — | 73 |
| Median comp | €599,000 | €4,424 | 63.3% | 26 | 66 |
Short-term vacation rental Given its attractive listing price of €325,000 compared to the fair value of €464,457, this 3-bed country house in Rogil presents an exciting opportunity for short-term vacation rental, capitalizing on the strong tourism demand in the Algarve. Though currently offering a 0% gross yield and in need of significant renovations, the potential for increased rental income could be substantial as the property is clearly underpriced. Buy-and-hold Investing in this property as a buy-and-hold presents a favorable long-term strategy, with a 30.0% gap from the fair value that indicates significant potential appreciation. While the current condition stands at 15/100, strategic improvements could enhance the property’s value, aligning it with the robust demand driven by tourism in the region. Not ideal for: Student housing, Luxury market
Tenant Turnover Risk: With a tenant stability score of 55/100, there is a moderate likelihood of higher tenant turnover, which may lead to increased vacancies and costs associated with finding new renters.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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