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, 1-bathroom house of 149 m², built in 1998. Located Aljezur parish, Aljezur municipality, Faro district. Noteworthy Features: The property boasts a large garage, a rarity in Aljezur that enhances convenience, and offers inviting outdoor spaces currently being renovated for leisure enhancement.
The valuation. The asking price of €500,000 is significantly below the fair value of €865,620, representing an underpricing of €365,620 (42.2%). This presents a favorable opportunity for potential buyers.
Fair value modelled at €865,620 from 6 comparable sales in the area. Asking €500,000 sits €365,620 (42.2%) below — the upside to fair value.
Asking €500,000 versus the Aljezur, Aljezur, Faro area baseline of €794,074 (€5,329/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €794,074, adjusted for condition and micro-location, gives a modelled fair value of €865,620 (€5,810/m²), a €365,620 (42.2%) gap versus the €500,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Aljezur · cd095c | Subject | €500,000 | €3,356 | — | 65 | 63 |
| Aljezur · 653088 | Active | €530,000 | €4,417 | 31.6% | 80 | 70 |
| Aljezur · ba5bb0 | Active | €882,000 | €7,412 | 120.9% | — | 64 |
| Aljezur · ade62b | Active | €120,000 | €1,818 | 45.8% | — | 65 |
| Aljezur · 0dcca8 | Active | €650,000 | €6,701 | 99.7% | 72 | 67 |
| Median comp | €590,000 | €5,559 | 65.7% | 76 | 66 |
Short-term vacation rental The property in Aljezur presents an attractive opportunity for short-term vacation rentals, leveraging the Algarve's strong tourism appeal. With a gross yield of 3.4% and a fair value significantly above the listing price, this strategy can capitalize on the seasonal influx of visitors. Buy-and-hold Investing in this property for a buy-and-hold strategy offers potential for long-term appreciation, given the fair value is notably higher than the listing price. With a solid neighborhood rating of 63/100, the property can benefit from the region's sustainable tourism-driven demand. Long-term rental Although the property is located in a tourist-centric area, its gross yield of 3.4% suggests a somewhat limited profitability for long-term rental investments. With local employment primarily reliant on tourism, steady long-term demand may not be robust enough to ensure favorable returns compared to its fair value. Not ideal for: The property is not suitable for student housing given the limited local employment options outside tourism. Additionally, it is not aligned with the luxury market or value-add renovation strategies, as the current condition of 64/100 indicates a need for upgrades that may not yield sufficient returns in this context.
Economic Vulnerability The economic stability score of 55/100 suggests that the property is at risk of market fluctuations that could adversely affect rental income and property value due to lower 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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