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 apartment of 136 m², built in 2000, energy rating D. Located on rua António Viegas Calçada S / N, São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Unique Feature: The apartment includes two balconies that provide ample outdoor space for relaxation, enhancing its livability in Portugal's favorable climate. Investment Potential: Positioned in a market with high appreciation potential, this property represents a competitive price/m² ratio in the Algarve region.
The valuation. The asking price of €320,000 sits 4.6% above the fair value of €305,812, making it a fair transaction in the current market context.
Fair value modelled at €305,812 from 6 comparable sales in the area. Asking €320,000 sits €14,188 (4.6%) above — overpriced versus fair value.
Asking €320,000 versus the rua António Viegas Calçada S / N area baseline of €254,991 (€1,875/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €254,991, adjusted for condition and micro-location, gives a modelled fair value of €305,812 (€2,249/m²), a €14,188 (4.6%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Viegas Calçada S / N | Subject | €320,000 | €2,353 | — | 62 | 53 |
| avenida da Liberdade, 60 | Active | €345,000 | €2,464 | 4.7% | 75 | 55 |
| rua António Viegas Calçada, 5 | Active | €300,000 | €2,308 | 1.9% | 75 | 59 |
| rua Luís Bívar | Active | €290,000 | €1,908 | 18.9% | 70 | 58 |
| rua Doutor José Dias Sancho, 138 | Active | €235,000 | €2,282 | 3.0% | — | 70 |
| Median comp | €295,000 | €2,295 | 2.5% | 75 | 59 |
Short-term vacation rental While the property offers a gross yield of 3.1%, the listing price of €320,000 is slightly above its fair value of €305,812, making it a fair investment for short-term rentals in a rural Algarve location. However, the neighbourhood's amenities score of 53/100 suggests that attracting consistent vacation rental clientele may be challenging due to limited local attractions. Rural retreat The property serves as a suitable rural retreat for those seeking tranquility in the Algarve, yet its listing price reflects a modest gap to fair value at 4.6%. Given the fair valuation, potential investors should consider the property's current condition rating of 65/100, indicating that some improvement may be necessary to enhance its appeal as a getaway destination. Value-add renovation With a fair valuation and a listing price of €320,000, the property provides a potential opportunity for value-add renovations, although the required investment should account for the current condition score of 65/100. The 3.1% gross yield implies moderate income potential post-renovation, but investors should factor in local market limitations reflected in the neighbourhood's score of 53/100 to ensure a sound investment return.
Economic Vulnerability The property faces economic risks due to its low economic stability score of 45/100, suggesting potential downturns in the local market may impact tenant demand and property value significantly.
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