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 house of 73 m². Located Bordeira parish, Aljezur municipality, Faro district. Noteworthy Features: The property includes two independent annexes, offering significant potential for expansion or alternative uses such as guest accommodations. Investment Potential: The prime location near popular beaches is rare and boasts high potential for appreciation after rehabilitation.
The valuation. The asking price of €315,000 sits significantly above the fair value of €203,172, representing an excess of €111,828 (55.0%). This property is considered overpriced in its current condition and market context.
Fair value modelled at €203,172 from 4 comparable sales in the area. Asking €315,000 sits €111,828 (55.0%) above — overpriced versus fair value.
Asking €315,000 versus the Bordeira, Aljezur, Faro area baseline of €220,788 (€3,024/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 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 €220,788, adjusted for condition and micro-location, gives a modelled fair value of €203,172 (€2,783/m²), a €111,828 (55.0%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Bordeira · 1f33ac | Subject | €315,000 | €4,315 | — | 40 | 69 |
| Bordeira · 25f44f | Active | €460,000 | €3,333 | 22.8% | 55 | 64 |
| travessa do Castelo | Active | €460,000 | €2,233 | 48.3% | 60 | 68 |
| rua Direita, 13 | Active | €470,000 | €4,845 | 12.3% | 36 | 70 |
| rua Direita | Active | €240,000 | €1,846 | 57.2% | 15 | 72 |
| Median comp | €460,000 | €2,783 | 35.5% | 46 | 69 |
Short-term vacation rental This property in Bordeira, Aljezur is currently overpriced at €315,000 compared to a fair value of €203,172, presenting a significant gap of 55.0%. With a gross yield of 0% and a condition rating of 43/100, it is unlikely to attract desirable short-term rental income in the competitive Algarve market. Buy-and-hold The buy-and-hold strategy is not advisable for this property as it is overpriced at €315,000, far exceeding its fair value of €203,172. The current condition rating of 43/100 suggests ongoing expenses that would hinder any potential appreciation in value over time. Family rental As a family rental investment, this property represents a poor choice due to its overpriced status at €315,000 against a fair value of €203,172, indicating a 55.0% gap. The low condition rating and a neighborhood score of 69/100 suggest that this home may not meet the needs of family tenants looking for quality accommodation in the Algarve region.
Tenant turnover risk The Tenant stability score of 60/100 indicates a potential risk of frequent tenant turnover, which could lead to increased vacancy rates and loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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