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 144 m², built in 2005. Located on urbanização Vale da Telha, 138, Aljezur parish, Aljezur municipality, Faro district. Noteworthy Features: The property enjoys a prime location near award-winning beaches and a maximum rental income of approximately €30,000 annually with a transferable Short-Term Rental License (AL).
The valuation. The asking price of €620,000 is significantly below the fair value of €760,201, indicating an undervalued property by €140,201 (18.4%). This presents a compelling opportunity for potential investors looking to capitalize on appreciation.
Fair value modelled at €760,201 from 6 comparable sales in the area. Asking €620,000 sits €140,201 (18.4%) below — the upside to fair value.
Asking €620,000 versus the urbanização Vale da Telha, 138 area baseline of €676,525 (€4,698/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €676,525, adjusted for condition and micro-location, gives a modelled fair value of €760,201 (€5,279/m²), a €140,201 (18.4%) gap versus the €620,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Vale da Telha, 138 | Subject | €620,000 | €4,306 | — | 70 | 59 |
| Aljezur · 19f5a3 | Active | €679,000 | €4,018 | 6.7% | 75 | 62 |
| Aljezur · 4d4570 | Active | €799,000 | €5,790 | 34.5% | 78 | 63 |
| urbanização Vale da Telha S / N | Active | €590,000 | €5,566 | 29.3% | 76 | 75 |
| urbanização Vale da Telha S / N | Active | €590,000 | €5,566 | 29.3% | 75 | 72 |
| Median comp | €634,500 | €5,566 | 29.3% | 76 | 68 |
Short-term vacation rental The property offers strong potential as a short-term vacation rental, capitalizing on the tourism-driven economy of Aljezur. With a fair value gap of 18.4%, this asset presents an attractive opportunity for investors looking to enter the vacation rental market. Long-term rental This 3-bed house is well-suited for long-term rental due to its comfortable living space and stable demand in the region. The 3.4% gross yield indicates a reasonable return, particularly in a neighborhood with a low crime rate, which bolsters tenant appeal. Buy-and-hold Investing in this property as a buy-and-hold strategy aligns well with the positive real estate trend in Aljezur, making it a sound addition to a long-term portfolio. The current listing price reflects an opportunity to acquire an asset below its fair value, promising appreciation over time.
Economic Decline Risk The property is vulnerable to economic downturns due to a low economic stability score of 55/100, which could impact tenant retention and 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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