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, 3-bathroom bungalow of 186 m², energy rating B. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Noteworthy Features: Remote-controlled electric gates provide enhanced security and privacy, while a smart home system ensures energy efficiency and modern living convenience throughout the property.
The valuation. The asking price of €895,000 significantly exceeds the fair value of €612,425, indicating an overvaluation of €282,575 (46.1%). Potential buyers should be cautious in their assessment of this overpriced property.
Fair value modelled at €612,425 from 6 comparable sales in the area. Asking €895,000 sits €282,575 (46.1%) above — overpriced versus fair value.
Asking €895,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €507,124 (€2,726/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €507,124, adjusted for condition and micro-location, gives a modelled fair value of €612,425 (€3,293/m²), a €282,575 (46.1%) gap versus the €895,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Brás de Alportel · 19080b | Subject | €895,000 | €4,812 | — | 72 | 61 |
| São Brás de Alportel · 6a94b0 | Active | €750,000 | €3,555 | 26.1% | 80 | 57 |
| rua Alexandre Herculano | Active | €890,000 | €2,633 | 45.3% | 75 | 61 |
| São Brás de Alportel · 1e64dd | Active | €750,000 | €3,275 | 31.9% | 75 | 64 |
| São Brás de Alportel · 4d4217 | Active | €525,000 | €3,182 | 33.9% | 76 | 53 |
| Median comp | €750,000 | €3,229 | 32.9% | 76 | 59 |
Long-term rental The current pricing of the property at €895,000 represents a significant 46.1% gap above its fair value of €612,425, making it potentially unsuitable for long-term rental returns. With a gross yield of just 2.7%, this investment fails to meet the standards necessary for sustainable profitability in the rental market. Short-term vacation rental While the Algarve region benefits from stable tourist demand, the property's high listing price of €895,000 results in an overpricing that does not align with its fair value of €612,425, creating challenges for short-term vacation rental viability. Investors may struggle to achieve an acceptable return with a gross yield of only 2.7%, suggesting that this property is not a prudent choice for short-term rental strategies. Buy-and-hold Given the property's valuation of €895,000, which is 46.1% above its fair value of €612,425, a buy-and-hold strategy appears risky at this pricing level. The 2.7% gross yield does not justify the investment, indicating that holding onto this property may not lead to the desired appreciation in value over time.
Tenant turnover risk With both economic and tenant stability scores at 55/100, there is a significant risk of high tenant turnover, which could lead to increased vacancy rates and inconsistent 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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