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.
1-bedroom, 1-bathroom country_house of 63 m², built in 2001, energy rating C. Located Odeceixe parish, Aljezur municipality, Faro district. Noteworthy Features: This property offers a spacious mezzanine sleeping platform and a southwest-facing terrace with a brick barbecue, enhancing both comfort and outdoor entertaining capabilities.
The valuation. The asking price of €385,000 is significantly higher than the fair value of €268,294, representing an overvaluation of €116,706 (43.5%). This property is priced above its real worth, indicating a lack of financial incentives for potential buyers.
Fair value modelled at €268,294 from 6 comparable sales in the area. Asking €385,000 sits €116,706 (43.5%) above — overpriced versus fair value.
Asking €385,000 versus the Odeceixe, Aljezur, Faro area baseline of €196,410 (€3,118/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €196,410, adjusted for condition and micro-location, gives a modelled fair value of €268,294 (€4,259/m²), a €116,706 (43.5%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Odeceixe · 87504b | Subject | €385,000 | €6,111 | — | 72 | 63 |
| Marmelete · dee3f5 | Active | €180,000 | €3,600 | 41.1% | 70 | 68 |
| autoestrada N267, 1 | Active | €329,000 | €3,576 | 41.5% | 60 | 70 |
| urbanização Vale da Telha S / N | Active | €590,000 | €5,566 | 8.9% | 76 | 75 |
| urbanização Vale da Telha S / N | Active | €590,000 | €5,566 | 8.9% | 75 | 72 |
| Median comp | €459,500 | €4,583 | 25.0% | 73 | 71 |
Short-term vacation rental The property is overpriced by 43.5%, leading to a lack of gross yield of 0%, and therefore, unlikely to yield the expected return on investment. Additionally, the condition rating of 76/100 and the seasonal nature of the coastal area may not justify the elevated price point for vacation rentals. Buy-and-hold Given its fair value at €268,294 compared to a listing price of €385,000, this property is not positioned for sensible long-term appreciation. The stagnant yield of 0% coupled with the high purchase price implies that holding this asset may lead to subpar financial performance over time. Family rental With a listing price exceeding fair market value and a yield of 0%, this property is not conducive to becoming a lucrative family rental. The neighbourhood's score of 63/100 suggests moderate appeal, but does not compensate for the high price and lack of rental income potential.
Economic Vulnerability With an economic stability score of 55/100, there is a heightened risk of market fluctuations negatively impacting property value and tenant demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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