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.
2-bedroom, 2-bathroom house of 76 m², energy rating E. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. This property features a spacious balcony with unobstructed mountain views, ideal for creating a relaxing outdoor living space.
The valuation. The asking price of €259,000 is significantly above the fair value of €221,527, representing an overvaluation of €37,473 (16.9%). This places the property in the overpriced category, reducing its immediate appeal for buyers. Buy-to-flip angle. A resale strategy could target improvements to modernize the kitchen and enhance finishes, appealing to buyers attracted to updated amenities in the Algarve market. With effective renovations, a markup could potentially exceed the initial investment. Buy-to-let angle. The estimated rental income of €1,014/month yields a gross return of 4.7%, making this property suitable for long-term rentals, particularly given the neighborhood's seasonal tourist influx. This consistent cash flow could offset some acquisition costs.
Fair value modelled at €221,527 from 6 comparable sales in the area. Asking €259,000 sits €37,473 (16.9%) above — overpriced versus fair value.
Asking €259,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €198,355 (€2,610/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €198,355, adjusted for condition and micro-location, gives a modelled fair value of €221,527 (€2,915/m²), a €37,473 (16.9%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Brás de Alportel · 875191 | Subject | €259,000 | €3,408 | — | 65 | 62 |
| São Brás de Alportel · 38c762 | Active | €790,000 | €4,341 | 27.4% | 70 | 71 |
| São Brás de Alportel · 6d520a | Active | €299,000 | €2,182 | 36.0% | — | 66 |
| São Brás de Alportel · 4200ed | Active | €429,000 | €3,064 | 10.1% | 70 | 61 |
| São Brás de Alportel · b7c1d8 | Active | €495,000 | €2,765 | 18.9% | 75 | 72 |
| Median comp | €462,000 | €2,915 | 14.5% | 70 | 69 |
Long-term rental The property in São Brás de Alportel, listed at €259,000, is priced significantly above its fair value of €221,527, indicating an overpriced asset with a 16.9% gap. With a gross yield of 4.7% and both the condition and neighbourhood getting a score of 62/100, the investment lacks the potential for attractive long-term returns. Short-term vacation rental While the Algarve region attracts tourists, the current listing of €259,000 for this 2-bed house surpasses its fair value of €221,527, marking it as overpriced by 16.9%. Given the competitive nature of short-term rentals in tourist markets, this property may struggle to justify its higher price point with a typical yield of 4.7%. Family rental Although São Brás de Alportel has characteristics appealing for family rentals, the house is currently priced at €259,000, which exceeds its assessed fair value of €221,527, thus reflecting an overpriced positioning. The yield of 4.7% combined with average condition and neighbourhood ratings means that it may not attract families looking for cost-effective options. Not ideal for Student housing, Luxury market, Value-add renovation
Economic Vulnerability The property has a relatively low economic stability score of 55/100, indicating potential susceptibility to market fluctuations that could affect rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
