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 130 m², energy rating F. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Noteworthy Features: The property includes an annex with a project for studio conversion, presenting opportunities for additional living space or rental income potential in a sought-after location.
The valuation. The asking price of €390,000 sits €223,596 below the calculated fair value of €613,596, indicating that the property is significantly underpriced at 36.4%. This presents an advantageous opportunity for potential investors. Buy-to-flip angle. Given the current market conditions, a strategic buy-to-flip approach could yield considerable profit by renovating and reselling the house at a higher market price. Targeting the tourist demographic, a resale within the year could capitalize on seasonal demand. Buy-to-let angle. With a gross yield of 3.5%, this property offers an estimated rental income of €1,138 per month, making it an attractive buy-to-let option. The potential for short-term vacation rentals in a tourist-heavy region further enhances its appeal to investors.
Fair value modelled at €613,596 from 6 comparable sales in the area. Asking €390,000 sits €223,596 (36.4%) below — the upside to fair value.
Asking €390,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €535,596 (€4,120/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 €535,596, adjusted for condition and micro-location, gives a modelled fair value of €613,596 (€4,720/m²), a €223,596 (36.4%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Brás de Alportel · 07fb28 | Subject | €390,000 | €3,000 | — | 74 | 63 |
| São Brás de Alportel · b45309 | Active | €480,000 | €2,567 | 14.4% | 74 | 61 |
| São Brás de Alportel · 9d294f | Active | €469,000 | €5,098 | 69.9% | 70 | 53 |
| São Brás de Alportel · 096f67 | Active | €469,000 | €5,098 | 69.9% | 80 | 61 |
| São Brás de Alportel · 8342f6 | Active | €690,000 | €3,350 | 11.7% | 78 | 62 |
| Median comp | €474,500 | €4,224 | 40.8% | 76 | 61 |
Short-term vacation rental This property presents a significant investment opportunity for short-term vacation rentals, as evidenced by its fair value being 36.4% above listing price, indicating strong potential for appreciation. The tourist-heavy region, complemented by a solid neighbourhood score of 63/100, supports the viability of a lucrative vacation rental strategy. Buy-and-hold Investing in this property as a buy-and-hold asset is attractive given its current pricing well below its fair value, allowing for future equity growth as the neighbourhood develops. The 3.5% gross yield offers a reasonable return while leveraging the anticipated increase in property value over time. Family rental With a fair value significantly exceeding the listing price, this property is ideal for family rental, catering to the local market demand in a family-friendly environment. The decent condition rating of 76/100 further enhances its appeal, ensuring it meets the needs of long-term tenants looking for comfortable living options in São Brás de Alportel.
Economic Vulnerability: With an economic stability score of 55, the property may face challenges during economic downturns, potentially impacting rental income and tenant retention. Tenant Instability: A tenant stability score of 60 indicates that there may be fluctuations in lease renewals, increasing vacancy risks and 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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