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 house of 120 m², energy rating E. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. This property features a potential second dwelling in the basement with an independent entrance, ideal for guest accommodation or rental income.
The valuation. The asking price of €650,000 sits significantly above the fair value of €349,779, indicating an overpriced status by €300,221 (85.8%). This discrepancy suggests potential buyers may need to negotiate aggressively to align with market expectations.
Fair value modelled at €349,779 from 6 comparable sales in the area. Asking €650,000 sits €300,221 (85.8%) above — overpriced versus fair value.
Asking €650,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €282,370 (€2,353/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €282,370, adjusted for condition and micro-location, gives a modelled fair value of €349,779 (€2,915/m²), a €300,221 (85.8%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Brás de Alportel · 80024d | Subject | €650,000 | €5,417 | — | 73 | 52 |
| São Brás de Alportel · b7c1d8 | Active | €495,000 | €2,765 | 48.9% | 75 | 72 |
| São Brás de Alportel · 23f242 | Active | €495,000 | €2,765 | 48.9% | 75 | 62 |
| São Brás de Alportel · 38c762 | Active | €790,000 | €4,341 | 19.9% | 70 | 71 |
| São Brás de Alportel · 4200ed | Active | €429,000 | €3,064 | 43.4% | 70 | 61 |
| Median comp | €495,000 | €2,915 | 46.2% | 73 | 67 |
Long-term rental The property, currently overpriced at €650,000, presents a gross yield of only 2.8%, significantly below industry standards. Given its high price compared to the fair value of €349,779, this strategy does not align with prudent investment decisions. Buy-and-hold Acquiring this property at an inflated price of €650,000 while the fair value is €349,779 poses a substantial financial risk for long-term investment. The current yield of 2.8% combined with the 85.8% gap against fair value suggests limited appreciation potential. Value-add renovation Investing in value-add renovations on a property listed at €650,000, significantly above its fair value, is unlikely to generate the desired returns. With a condition rating of 75/100, substantial renovation costs would further exacerbate the already overpriced nature of this investment. Not ideal for: Short-term vacation rental, Student housing, Luxury market Given its high asking price and lower yields, this property is not suited for a short-term vacation rental or student housing strategy. Additionally, its positioning in a rural area with mixed populations makes it unsuitable for the luxury market.
Weak Economic and Tenant Stability The property is at risk due to low economic stability at 45/100 and tenant stability at 55/100, signaling potential challenges in tenant retention and local market viability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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