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 141 m² on the 1st floor, built in 2006, energy rating B. Located on rua Doutor José Dias Sancho, 155, São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Unique Feature: The apartment boasts a built-in fireplace and a well-maintained masonry barbecue, perfect for outdoor entertaining and enhancing your living experience in the Algarve. Condition Note: Showing consistent upkeep, it offers a harmonious blend of modern design and traditional Portuguese charm. Energy Rating: B.
The valuation. The asking price of €390,000 is significantly higher than the calculated fair value of €336,602, creating a disparity of €53,398 (15.9%). This valuation indicates that the property is overpriced relative to its actual market worth.
Fair value modelled at €336,602 from 6 comparable sales in the area. Asking €390,000 sits €53,398 (15.9%) above — overpriced versus fair value.
Asking €390,000 versus the rua Doutor José Dias Sancho, 155 area baseline of €256,893 (€1,822/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €256,893, adjusted for condition and micro-location, gives a modelled fair value of €336,602 (€2,387/m²), a €53,398 (15.9%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor José Dias Sancho, 155 | Subject | €390,000 | €2,766 | — | 70 | 70 |
| São Brás de Alportel · 49b836 | Active | €395,000 | €2,351 | 15.0% | 80 | 63 |
| São Brás de Alportel · 3d95fd | Active | €395,000 | €2,423 | 12.4% | 70 | 53 |
| praceta da Balsa, 1 | Active | €320,000 | €2,302 | 16.8% | 70 | 60 |
| rua Doutor José Dias Sancho, 159 | Active | €339,000 | €2,216 | 19.9% | 72 | 70 |
| Median comp | €367,000 | €2,327 | 15.9% | 71 | 62 |
Short-term vacation rental The property is overpriced with a listing price of €390,000 compared to a fair value of €336,602, indicating a 15.9% disparity that diminishes its potential ROI for vacation rentals. With a low gross yield of 2.8% and a condition score of 75/100, the property may struggle to compete with better-priced alternatives in the Algarve's bustling short-term rental market. Family rental Given the property’s fair value is €336,602, the high listing of €390,000 results in a 15.9% premium that makes it a less attractive option for family rentals. Coupled with a lower neighborhood rating of 70/100, potential tenants may opt for more reasonably priced accommodations elsewhere. Buy-and-hold This property is currently overpriced at €390,000, which is significantly above its fair value of €336,602, marking a concerning 15.9% gap that limits long-term investment appeal. Additionally, the gross yield of 2.8% suggests that holding this asset may not yield sufficient returns compared to other investment opportunities in the area.
Economic Underperformance Risk A score of 65 in economic stability indicates potential vulnerability to economic downturns that could affect property values and rental income.
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