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, 4-bathroom house of 208 m², built in 2005. Located Estômbar e Parchal parish, Lagoa municipality, Faro district. Noteworthy Features: This property includes direct garden access to the renowned Gramacho golf course, enhancing exclusivity and leisure options for golf enthusiasts. Notório: Esta propriedade inclui acesso direto ao jardim para o renomado campo de Golfe Gramacho, aumentando a exclusividade e as opções de lazer para os entusiastas do golfe.
The valuation. The asking price of €1,395,000 significantly exceeds the fair value of €260,534, placing it at a staggering €1,134,466 above fair market considerations. This property is overpriced based on current market conditions.
Fair value modelled at €260,534 from the area baseline, adjusted for condition and location. Asking €1,395,000 sits €1,134,466 (81.3%) above — overpriced versus fair value.
Asking €1,395,000 versus the Estômbar e Parchal, Lagoa, Faro area baseline of €678,704 (€3,263/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 84 · Materials 88 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Estômbar e Parchal, Lagoa, Faro
Area baseline €678,704 + condition +€26,000 + location +€23,622 = modelled fair value of €260,534 (€1,253/m²), a €1,134,466 (81.3%) gap versus the €1,395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estômbar e Parchal · 9375f2 | Subject | €1,395,000 | €6,707 | — | 84 | 78 |
| Estômbar e Parchal · 93724d | Active | €1,299,000 | €4,811 | 28.3% | 78 | 72 |
| Lagoa e Carvoeiro · 0dcdc8 | Active | €1,450,000 | €6,682 | 0.4% | 80 | 75 |
| Estômbar e Parchal · 956c70 | Active | €1,350,000 | €5,947 | 11.3% | 78 | 67 |
| Estômbar e Parchal · 735450 | Active | €1,350,000 | €5,947 | 11.3% | 78 | 72 |
| Median comp | €1,350,000 | €5,947 | 11.3% | 78 | 72 |
Short-term vacation rental The property is priced at €1,395,000, significantly exceeding its fair value of €260,534, translating to an 81.3% gap. With a gross yield of only 2.4%, the investment potential in the short-term vacation rental market appears limited given the current price. Long-term rental At €1,395,000, this property is overpriced compared to the fair value of €260,534, indicating an 81.3% disparity. The 2.4% gross yield suggests that long-term rental prospects would not provide satisfactory returns for an investment at this price point. Buy-and-hold With a listing price of €1,395,000 versus a fair value of €260,534, the property has an alarming 81.3% gap and is thus overpriced. The low gross yield of 2.4% raises questions about the long-term investment viability under current market conditions.
Economic Dependence Risk: With both economic stability and tenant stability rated at 75/100, there is a heightened risk that a downturn in the local economy could lead to increased vacancy rates or reduced rents, impacting investment returns.
