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.
2-bedroom, 2-bathroom house of 85 m², built in 1951, energy rating F. Located São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Unique Opportunity: The property allows for a significant expansion of up to 300 m², offering potential for a modern design while preserving traditional Algarve charm in a serene setting.
The valuation. The asking price of €350,000 is significantly above the fair value of €260,464, reflecting an overpricing of €89,536 (34.4%). This discrepancy indicates a lack of value for potential buyers.
Fair value modelled at €260,464 from 5 comparable sales in the area. Asking €350,000 sits €89,536 (34.4%) above — overpriced versus fair value.
Asking €350,000 versus the São Brás de Alportel, São Brás de Alportel, Faro area baseline of €245,185 (€2,885/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €245,185, adjusted for condition and micro-location, gives a modelled fair value of €260,464 (€3,064/m²), a €89,536 (34.4%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| São Brás de Alportel · 2cdeb0 | Subject | €350,000 | €4,118 | — | 48 | 51 |
| São Brás de Alportel · 38c762 | Active | €790,000 | €4,341 | 5.4% | 70 | 71 |
| São Brás de Alportel · 001ac7 | Active | €429,000 | €3,064 | 25.6% | 65 | 63 |
| estrada municipal 520 | Active | €675,000 | €3,534 | 14.2% | 60 | 62 |
| estrada municipal 520 | Active | €750,000 | €2,650 | 35.6% | 65 | 64 |
| Median comp | €712,500 | €3,299 | 19.9% | 65 | 64 |
Long-term rental This property in São Brás de Alportel is priced at €350,000, which is significantly above its fair value of €260,464, indicating a gap of 34.4%. With a gross yield of just 3.4% and moderate ratings for condition and neighborhood, it may not attract strong long-term tenants. Buy-and-hold Investing in this property for a buy-and-hold strategy seems imprudent given its 34.4% overpricing relative to fair value and a yield of only 3.4%. The surrounding area’s limited proximity to urban centers and moderate neighborhood ratings further diminish its potential for long-term appreciation.
Potential Revenue Volatility The economic stability score of 45 out of 100 indicates a high risk of fluctuations in tenant income, compounded by the tenant stability score of 60 out of 100, suggesting potential difficulties in maintaining consistent rental revenues.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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