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, 2-bathroom apartment of 130 m² on the 2nd floor. Located on rua António Viegas Calçada, 5, São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Noteworthy Features: This apartment benefits from a prime location near essential amenities, including a large supermarket and various local services, enhancing daily convenience for residents.
The valuation. The asking price of €300,000 is slightly above the fair value of €292,321 by €7,679 (2.6%). This reflects a property that is priced fairly within the current market context.
Fair value modelled at €292,321 from 6 comparable sales in the area. Asking €300,000 sits €7,679 (2.6%) above — overpriced versus fair value.
Asking €300,000 versus the rua António Viegas Calçada, 5 area baseline of €242,789 (€1,868/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 is above the parish average, lifting 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 €242,789, adjusted for condition and micro-location, gives a modelled fair value of €292,321 (€2,249/m²), a €7,679 (2.6%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Viegas Calçada, 5 | Subject | €300,000 | €2,308 | — | 75 | 59 |
| rua Doutor José Dias Sancho, 159 | Active | €339,000 | €2,216 | 4.0% | 72 | 70 |
| São Brás de Alportel · 483c70 | Active | €375,000 | €2,060 | 10.7% | 72 | 65 |
| rua Doutor José Dias Sancho, 138 | Active | €235,000 | €2,282 | 1.1% | — | 70 |
| rua Luís Bívar | Active | €290,000 | €1,908 | 17.3% | 70 | 58 |
| Median comp | €314,500 | €2,138 | 7.4% | 72 | 68 |
Short-term vacation rental The 3-bed apartment in São Brás de Alportel has a fair value aligned with its asking price, making it a reasonable choice for short-term vacation rentals given its proximity to the Algarve's coast, a renowned tourist destination. However, the gross yield of 3.8% suggests potential limitations on profitability, particularly in the context of rising vacation rental competition. Long-term rental This property, priced at €300,000 with a fair value of €292,321, offers a fair investment opportunity for long-term rentals within a neighborhood that scores 59/100, indicating an average capacity to attract quality tenants. While the 3.8% gross yield offers stable returns, prospective investors should consider the condition score of 71/100, ensuring ongoing maintenance and tenant appeal. Not ideal for student housing Given the neighborhood's tenant quality and amenities, this property is not well-suited for the student housing market, which tends to favor locations closer to educational institutions and urban centers. The average neighborhood rating also suggests a lack of ideal conditions for attracting a steady student demographic. Not ideal for luxury market This property does not align with the standards of the luxury market due to its average neighborhood rating and fair valuation, both indicating limited appeal to high-end buyers seeking exclusive characteristics. As such, investment in this unit for luxury purposes would not effectively capitalize on the current market dynamics.
Low Economic Stability Risk The economic stability score of 35/100 indicates a high likelihood of economic downturns that could lead to decreased property values or rental rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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