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, 1-bathroom country_house of 123 m², energy rating F. Located Salir parish, Loulé municipality, Faro district. Noteworthy Features: The property boasts a unique central corridor adorned with original hydraulic mosaic tiles, alongside a painted façade decorated with traditional Algarvian motifs, enhancing its cultural charm.
The valuation. The asking price of €218,000 is significantly lower than the fair value of €405,659, representing a discount of €187,659 (86.1%). Therefore, this property is deemed underpriced. Buy-to-flip angle. With the current condition rating of 49/100, a cosmetic renovation can enhance appeal and increase resale value significantly. Targeting a profitable flip in the rural Algarve market could yield a lucrative return. Buy-to-let angle. The estimated monthly rental income of €1,054 offers a gross yield of 5.8%, making it an attractive buy-to-let option. The long-term rental strategy can capitalize on its scenic rural setting with proximity to natural attractions.
Fair value modelled at €405,659 from the area baseline, adjusted for condition and location. Asking €218,000 sits €187,659 (86.1%) below — the upside to fair value.
Asking €218,000 versus the Salir, Loulé, Faro area baseline of €442,431 (€3,597/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 (Condition 45 · Materials 50 · Room dimensions 56). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Salir, Loulé, Faro
Area baseline €442,431 + condition -€50,930 + location +€14,158 = modelled fair value of €405,659 (€3,298/m²), a €187,659 (86.1%) gap versus the €218,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Salir · 023842 | Subject | €218,000 | €1,772 | — | 45 | 58 |
| Salir · 4a7e44 | Active | €395,000 | €1,282 | 27.6% | 35 | 58 |
| Salir · 1e6038 | Active | €255,000 | €3,643 | 105.5% | 60 | 71 |
| autoestrada EM503, 416 | Active | €235,000 | €2,866 | 61.7% | — | 64 |
| rua Cova dos Porteiros, 1 | Active | €345,000 | €1,268 | 28.4% | 55 | 58 |
| Median comp | €300,000 | €2,074 | 17.0% | 55 | 61 |
Long-term rental The property has a gross yield of 5.8%, indicating a solid return on investment for long-term rental. Its fair value of €405,659 highlights the significant gap of 86.1% from the current listing price of €218,000, making this a compelling option for steady income. Buy-and-hold Acquiring this property for buy-and-hold strategy is advantageous given its current price point, which is significantly below fair value. The location in rural Algarve, while limited in urban amenities, offers proximity to natural attractions that can appreciate in value over time. Short-term vacation rental This property could perform well as a short-term vacation rental given its attractive listing price and proximity to nature, which appeals to tourists. However, the lower condition score of 49/100 suggests that initial investments in renovations may be required to meet guest expectations and maximize income potential.
Economic Instability Risk The low economic stability score of 45/100 indicates a potential for economic decline, which could affect rental income and property value.
