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.
1-bedroom, 1-bathroom house of 84 m², built in 1951. Located Rogil parish, Aljezur municipality, Faro district. Noteworthy Features: The property comes with a water well for irrigation and several existing fruit trees, enhancing its appeal for gardening enthusiasts or sustainable living. Potential: Significant renovation is required, but the area allows for converting existing built structures to residential use, offering a unique investment opportunity.
The valuation. The asking price of €259,000 is slightly below the fair value of €268,800, presenting a difference of €9,800, or 3.6%. This property is deemed to be priced fairly in the current market.
Fair value modelled at €268,800 from 6 comparable sales in the area. Asking €259,000 sits €9,800 (3.6%) below — the upside to fair value.
Asking €259,000 versus the Rogil, Aljezur, Faro area baseline of €241,305 (€2,873/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 37/100 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 €241,305, adjusted for condition and micro-location, gives a modelled fair value of €268,800 (€3,200/m²), a €9,800 (3.6%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rogil · 788018 | Subject | €259,000 | €3,083 | — | 35 | 60 |
| Rogil · 6270ed | Active | €330,000 | €2,683 | 13.0% | — | 61 |
| avenida 16 de Junho | Active | €255,000 | €3,400 | 10.3% | 72 | 55 |
| avenida 16 de Junho, 70 | Active | €400,000 | €3,200 | 3.8% | 48 | 48 |
| Rogil · b327dc | Active | €325,000 | €2,708 | 12.2% | — | 59 |
| Median comp | €327,500 | €2,954 | 4.2% | 60 | 57 |
Short-term vacation rental The property is situated in southern Algarve, a popular tourist destination, but its 0% gross yield and 37/100 condition make it less attractive for short-term rentals. Given the fair valuation and the current market conditions, the potential returns may not justify the investment. Buy-and-hold Although this property falls within the fair valuation range, its 0% gross yield and average neighborhood rating (60/100) signal the need for careful evaluation before considering it as a long-term hold. With the current condition of 37/100, additional investments would be necessary to maintain or improve its value over time. Family rental The property may appeal to families seeking housing in a coastal location, yet the current condition rating of 37/100 and the lack of yield indicate potential challenges in attracting long-term tenants. Furthermore, with a neighborhood score of 60/100, it may not provide the desired quality of living to families looking for stability. Not ideal for Student housing, Luxury market
Economic volatility risk With an economic stability score of only 50/100, the property may be exposed to significant fluctuations in local market conditions that could adversely affect tenancy and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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