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.
0-bedroom, 0-bathroom house of 149 m². Located Boliqueime parish, Loulé municipality, Faro district. Potential for expansion exists to develop up to 300m² for residential use or 2000m² for rural tourism, given municipal approval on the 6400m² urban zoned land.
The valuation. The asking price of €450,000 is above the fair value of €422,602 by €27,398 (6.1%). This suggests that the property is overpriced and may not appeal to value-conscious buyers.
Fair value modelled at €422,602 from the area baseline, adjusted for condition and location. Asking €450,000 sits €27,398 (6.1%) above — overpriced versus fair value.
Asking €450,000 versus the Boliqueime, Loulé, Faro area baseline of €535,953 (€3,597/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 13/100 (Condition 10 · Materials 15 · Room dimensions 15). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 70 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Boliqueime, Loulé, Faro
Area baseline €535,953 + condition -€145,508 + location +€32,157 = modelled fair value of €422,602 (€2,836/m²), a €27,398 (6.1%) gap versus the €450,000 asking price.
Short-term vacation rental The property, while situated in a tourism-driven economy, is priced at €450,000, which is 6.1% above its fair value of €422,602. The property's low condition rating of 13/100 further diminishes its attractiveness for short-term rentals, potentially limiting its appeal despite the location benefits. Buy-and-hold At a listing price of €450,000, this house is overvalued by 6.1% compared to its fair value, potentially impacting long-term capital appreciation. The current yield of 4.5% is decent, but the high price could hinder future returns in a competitive and fluctuating real estate market. Family rental With a fair value of €422,602 and a listing price of €450,000, this property is considered overpriced, which may deter potential long-term family tenants. Additionally, the condition rating of 13/100 indicates significant wear and tear, raising concerns about ongoing maintenance costs for families looking to lease.
Economic and Tenant Stability Risk: With both economic stability and tenant stability scores at 60/100, there may be heightened risks of vacancy and inconsistent rental income due to potential fluctuations in the local economy and tenant turnover.
