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, 0-bathroom house of 88 m², energy rating E. Located on rua Padre Inácio, São Brás de Alportel parish, São Brás de Alportel municipality, Faro district. Noteworthy Features: The property's exposed beams and high ceilings enhance its character, while the noted damp issues indicate potential investment needs for a future buyer.
The valuation. The asking price of €460,000 is significantly above the fair value of €253,676, representing an overpricing of €206,324 (81.3%). This property does not present a compelling investment opportunity due to its inflated price. Buy-to-flip angle. A buy-to-flip strategy would focus on renovations to enhance its appeal before resale, yet the current price makes achieving a profitable flip challenging in this market. The estimated gross yield of 1.9% does not support a favorable capital gain scenario. Buy-to-let angle. As a buy-to-let option, the property offers an estimated rental income of €728/month, equating to an annual yield of only 1.9%, which is below typical benchmarks for strong returns in vacation rental markets. Its condition may limit potential for rental price increases soon.
Fair value modelled at €253,676 from 6 comparable sales in the area. Asking €460,000 sits €206,324 (81.3%) above — overpriced versus fair value.
Asking €460,000 versus the rua Padre Inácio area baseline of €217,806 (€2,475/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €217,806, adjusted for condition and micro-location, gives a modelled fair value of €253,676 (€2,883/m²), a €206,324 (81.3%) gap versus the €460,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Inácio | Subject | €460,000 | €5,227 | — | 58 | 56 |
| São Brás de Alportel · 6d520a | Active | €299,000 | €2,182 | 58.2% | — | 66 |
| São Brás de Alportel · 875191 | Active | €259,000 | €3,408 | 34.8% | 65 | 62 |
| São Brás de Alportel · 7ca8f8 | Active | €450,000 | €3,689 | 29.4% | 75 | 59 |
| São Brás de Alportel · 82c6af | Active | €300,000 | €3,000 | 42.6% | 75 | 62 |
| Median comp | €299,500 | €3,204 | 38.7% | 75 | 62 |
Short-term vacation rental Given the significant gap of 81.3% between the listing price of €460,000 and the fair value of €253,676, the property is priced too high to ensure a profitable short-term vacation rental. With a low gross yield of 1.9%, the financial returns are unlikely to attract rental demand in a seasonally driven market. Buy-and-hold Investing in this property as a buy-and-hold asset is not advisable due to its considerable overpricing at €460,000 compared to the fair value of €253,676, reflecting an 81.3% gap. The combination of a low yield of 1.9% and a below-average condition score of 66/100 further diminishes the property's long-term investment appeal. Value-add renovation While value-add renovation can enhance property value, investing in this 1-bed house priced at €460,000 is questionable given its substantial overvaluation relative to the fair value of €253,676. The current condition rating of 66/100 suggests that any renovation costs may not justify the excessive upfront price, resulting in limited return potential in a competitive market. Not ideal for: Student housing, Industrial properties, Luxury market.
Economic Vulnerability Given the low economic stability score of 45/100, there is a significant risk of fluctuating market conditions negatively impacting tenant demand and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
