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 222 m², built in 1950, energy rating G. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Opportunity: This property comes with a pre-approved project for a modern ground floor T3 house, enhancing the potential for customized renovation and development in a sought-after location. Land Features: The flat 500 m² plot allows for ample outdoor living space, including potential gardens, a pool area, and dining zones for entertaining.
The valuation. The asking price of €185,000 is significantly below the fair value of €520,576, representing a discount of €335,576 (64.5%). This makes the property an attractive investment opportunity in terms of valuation. Buy-to-flip angle. The property, given its condition rating of 15/100, offers a lucrative buy-to-flip potential if renovations can enhance its appeal, allowing for a profitable resale. Targeting quick buyer turnover post-renovation can maximize returns. Buy-to-let angle. With an estimated gross yield of 15.6%, the rental income potential is promising at approximately €2,405 per month. This strategy leverages the property’s location in Algarve, appealing to both long-term and short-term renters.
Fair value modelled at €520,576 from 6 comparable sales in the area. Asking €185,000 sits €335,576 (64.5%) below — the upside to fair value.
Asking €185,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €609,233 (€2,744/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 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 €609,233, adjusted for condition and micro-location, gives a modelled fair value of €520,576 (€2,345/m²), a €335,576 (64.5%) gap versus the €185,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Brás de Alportel · c839d8 | Subject | €185,000 | €833 | — | 12 | 70 |
| São Brás de Alportel · b7b580 | Active | €375,000 | €1,838 | 120.6% | 38 | 52 |
| São Brás de Alportel · 6d5472 | Active | €340,000 | €2,329 | 179.5% | 35 | 61 |
| São Brás de Alportel · 652fac | Active | €595,000 | €1,473 | 76.7% | 70 | 56 |
| São Brás de Alportel · f360f1 | Active | €595,000 | €2,361 | 183.3% | 70 | 59 |
| Median comp | €485,000 | €2,084 | 150.0% | 54 | 58 |
Long-term rental This property presents a compelling long-term rental opportunity, with a gross yield of 15.6% indicating strong cash flow potential. The gap of 64.5% from its fair value of €520,576 suggests that this investment can deliver significant returns over time, particularly in the desirable Algarve region. Short-term vacation rental The house's location in Algarve, combined with its appealing price point, positions it well for a successful short-term vacation rental strategy. With high tourism influence in the area, the 15.6% gross yield signals a lucrative income-generating potential that capitalizes on the region’s seasonal demand. Buy-and-hold As a buy-and-hold investment, this property stands out due to the substantial price discrepancy from its fair value, making it an excellent candidate for long-term appreciation. The robust gross yield of 15.6% reinforces its potential as a steady income-producing asset in a thriving tourist market. Not ideal for luxury market The condition rating of 15/100 indicates a need for extensive repairs and may not appeal to the luxury market. Therefore, this property is better suited for value-driven investors rather than those targeting premium clientele. Not ideal for student housing Given the property's location and features, it is less likely to attract student tenants who typically seek amenities and proximity to educational institutions. This neighborhood does not offer the necessary appeal for student housing investments. Not ideal for value-add renovation The property’s low condition score indicates that any renovation would require significant investment, suggesting that it is not an ideal candidate for value-add strategies. Investors looking for quick returns through renovation may find better opportunities elsewhere.
Economic Vulnerability With an economic stability score of 65/100, the property may face challenges in maintaining consistent rental income during economic downturns. Tenant Vulnerability A tenant stability score of 75/100 indicates a moderate risk of tenant turnover, potentially impacting cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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