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 122 m², built in 2008, energy rating C. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. This apartment features a pleasant green area adjacent to the building and nearby playground, enhancing its appeal for families and outdoor enthusiasts.
The valuation. The asking price of €340,000 is significantly above the fair value of €284,299, representing a difference of €55,701 or 19.6%. This property is therefore considered overpriced.
Fair value modelled at €284,299 from 6 comparable sales in the area. Asking €340,000 sits €55,701 (19.6%) above — overpriced versus fair value.
Asking €340,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €212,529 (€1,742/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €212,529, adjusted for condition and micro-location, gives a modelled fair value of €284,299 (€2,330/m²), a €55,701 (19.6%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Brás de Alportel · 2d8329 | Subject | €340,000 | €2,787 | — | 72 | 58 |
| rua António Viegas Calçada, 5 | Active | €300,000 | €2,308 | 17.2% | 75 | 59 |
| rua Doutor José Dias Sancho, 159 | Active | €339,000 | €2,216 | 20.5% | 72 | 70 |
| avenida da Liberdade, 60 | Active | €345,000 | €2,464 | 11.6% | 75 | 55 |
| rua Doutor João Matos Proença, 12 | Active | €325,000 | €2,982 | 7.0% | 75 | 54 |
| Median comp | €332,000 | €2,386 | 14.4% | 75 | 57 |
Long-term rental The property in São Brás de Alportel is not an ideal long-term rental investment considering its overpriced nature, as it is listed at €340,000 while fair value stands at €284,299. With a rental yield of only 3.3% and a neighborhood score of 58/100, potential returns may be limited. Short-term vacation rental Due to its rural Algarve location, away from main tourist areas, this property at €340,000 is overpriced when compared to its fair value of €284,299. The anticipated demand for short-term rentals may not justify the investment, especially with a neighborhood score of 58/100. Buy-and-hold Investing long-term in this property does not present a favorable scenario given its current listing price of €340,000; it is overpriced versus a fair value of €284,299. The gross yield of 3.3% and a condition rating of 76/100 suggest that the potential for appreciation and returns may not be compelling enough.
Economic Vulnerability A low economic stability score of 45/100 indicates a heightened risk of economic downturns affecting property value and rental income stability. Tenant Risk A tenant stability score of 60/100 suggests moderate risks related to tenant retention, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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