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, 1-bathroom apartment of 81 m² on the 2nd floor, energy rating D. Located on urbanização Vale da Telha, Aljezur parish, Aljezur municipality, Faro district. This apartment features a generous storage room and access to a common terrace that offers breathtaking views of the Costa Vicentina sunsets, enhancing its appeal for leisure and organization.
The valuation. The asking price of €320,000 is €29,875 (8.5%) below the fair value of €349,875, indicating that this property is fairly priced. This suggests a balanced market position without significant pricing distortions.
Fair value modelled at €349,875 from 6 comparable sales in the area. Asking €320,000 sits €29,875 (8.5%) below — the upside to fair value.
Asking €320,000 versus the urbanização Vale da Telha area baseline of €337,412 (€4,166/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 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 €337,412, adjusted for condition and micro-location, gives a modelled fair value of €349,875 (€4,319/m²), a €29,875 (8.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Vale da Telha | Subject | €320,000 | €3,951 | — | 63 | 63 |
| Aljezur · 96c71a | Active | €205,000 | €2,697 | 31.7% | 40 | 73 |
| urbanização Vale da Telha | Active | €299,000 | €4,333 | 9.7% | 76 | 73 |
| Aljezur · 8ee475 | Active | €1,300,000 | €15,854 | 301.3% | 59 | 63 |
| Aljezur · d749ec | Active | €1,300,000 | €14,943 | 278.2% | 60 | 74 |
| Median comp | €799,500 | €9,638 | 144.0% | 60 | 73 |
Short-term vacation rental The property is well-positioned in Algarve, a region known for its high tourist footfall due to its appeal in the hospitality sector, which ensures a reliable stream of potential guests. However, with a gross yield of 0%, the short-term rental potential does not justify the current asking price of €320,000, positioning the property fairly within the market. Long-term rental Given the apartment's location and the dependency on tourism and hospitality in the local economy, it could attract long-term renters, particularly in peak tourist seasons. Nevertheless, the lack of yield and a fair value just slightly above the listing price indicate that the current investment does not represent a strong opportunity compared to other potential properties. Buy-and-hold The buy-and-hold strategy aligns with the location's steady tourism-driven economy, offering the potential for long-term appreciation even amid a fair valuation. However, the low yield and the condition ratings suggest that holding the property at the current asking price may not provide adequate returns or justify the investment relative to future rental income potential.
Economic Challenges With an economic stability score of 55/100, there is a heightened risk of economic downturns affecting tenant demand and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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