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 house of 134 m², energy rating D. Located on autoestrada EM530-1, 54, Porches parish, Lagoa municipality, Faro district. This property boasts a charming garden with various fruit trees, enhancing its tranquil atmosphere and offering an opportunity for sustainable gardening in the Algarve climate.
The valuation. The asking price of €580,000 is significantly above the fair value of €227,084, representing an overpricing of €352,916 (60.8%). This suggests a serious misalignment between market expectations and the assessed value of the property.
Fair value modelled at €227,084 from the area baseline, adjusted for condition and location. Asking €580,000 sits €352,916 (60.8%) above — overpriced versus fair value.
Asking €580,000 versus the autoestrada EM530-1, 54 area baseline of €230,078 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 67 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
autoestrada EM530-1, 54
Area baseline €230,078 + condition -€23,241 + location +€20,247 = modelled fair value of €227,084 (€1,695/m²), a €352,916 (60.8%) gap versus the €580,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada EM530-1, 54 | Subject | €580,000 | €4,328 | — | 67 | 72 |
| Porches · f362ae | Active | €1,750,000 | €5,973 | 38.0% | 73 | 81 |
| Lagoa e Carvoeiro · 49b71c | Active | €130,000 | €1,083 | 75.0% | 80 | 60 |
| rua da Igreja, 6 | Active | €425,000 | €5,743 | 32.7% | 84 | 72 |
| Lagoa e Carvoeiro · 25f63b | Active | €890,000 | €1,978 | 54.3% | 72 | 70 |
| Median comp | €657,500 | €3,861 | 10.8% | 77 | 71 |
Short-term vacation rental Given the current price of €580,000—60.8% above fair value—this property does not present a compelling case for short-term vacation rental investment, given the expected yield of only 3.5%. The condition rating of 64/100 indicates significant improvements may be needed to attract seasonal visitors, which further diminishes its investment appeal. Long-term rental With the property being listed at €580,000, it is overpriced compared to the fair value of €227,084, resulting in a yield of just 3.5%, which is low for long-term rental investments. The relatively moderate neighborhood rating of 72/100 suggests limited potential for rent growth, making it a less attractive option. Buy-and-hold The property, priced at €580,000, far exceeds its fair value of €227,084, leading to diminished prospects for appreciation in a buy-and-hold strategy. With a yield of only 3.5% and a somewhat below-average condition score, holding this asset over the long term may not yield desirable returns or equity growth.
Economic Vulnerability The property has a moderate economic stability score of 65/100, indicating potential fluctuations in local economic conditions that could impact rental demand and revenue stability.
