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 house of 143 m², built in 1998, energy rating D. Located Aljezur parish, Aljezur municipality, Faro district. This property features a large registered garage with an attic, allowing for potential expansion into a useful additional room, along with a charming garden and barbecue area.
The valuation. The asking price of €495,000 sits 5.1% above the fair value of €471,078, indicating that while the property is near its fair value, it is not a bargain.
Fair value modelled at €471,078 from 6 comparable sales in the area. Asking €495,000 sits €23,922 (5.1%) above — overpriced versus fair value.
Asking €495,000 versus the Aljezur, Aljezur, Faro area baseline of €432,473 (€3,024/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €432,473, adjusted for condition and micro-location, gives a modelled fair value of €471,078 (€3,294/m²), a €23,922 (5.1%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aljezur · 3df404 | Subject | €495,000 | €3,462 | — | 67 | 74 |
| Aljezur · 19f5a3 | Active | €679,000 | €4,018 | 16.1% | 75 | 62 |
| Aljezur · 4d4570 | Active | €799,000 | €5,790 | 67.3% | 78 | 63 |
| urbanização Vale da Telha | Active | €795,000 | €2,880 | 16.8% | 70 | 62 |
| urbanização Vale da Telha, 99 | Active | €890,000 | €2,738 | 20.9% | 70 | 67 |
| Median comp | €797,000 | €3,449 | 0.4% | 73 | 63 |
Short-term vacation rental The 5.4% gross yield in a tourism-centric location like Aljezur presents an attractive opportunity for short-term vacation rentals, but the property is fairly priced at €495,000 compared to the fair value of €471,078. With a 70/100 condition score, the property may require some maintenance, potentially affecting occupancy rates. Buy-and-hold With a fair valuation close to asking price, investing in this property for a buy-and-hold strategy may not yield exceptional returns, particularly given the 5.1% gap from the fair value. Nonetheless, the decent 5.4% gross yield indicates potential for steady rental income in a desirable neighborhood. Family rental While the property is assessed fairly at €495,000, the appeal for family rentals may be limited due to the seasonality of the local economy. A 74/100 neighborhood rating suggests a decent environment for families; however, the property may not attract long-term tenants as effectively as anticipated, especially at its current price point.
Economic Vulnerability With an economic stability score of 65/100, there is a moderate risk of economic downturn affecting rental demand and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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