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.
4-bedroom, 2-bathroom apartment of 137 m², energy rating C. Located on autoestrada EM516, Conceição e Estoi parish, Faro municipality, Faro district. Noteworthy Features: This apartment features an open balcony with unobstructed mountain views, perfect for enjoying the outdoors, and a kitchen equipped for barbecue installation.
The valuation. The asking price of €450,000 sits above the fair value of €428,237 by €21,763, or 4.8%. This property is considered overpriced based on market comparisons and fundamental analysis.
Fair value modelled at €428,237 from the area baseline, adjusted for condition and location. Asking €450,000 sits €21,763 (4.8%) above — overpriced versus fair value.
Asking €450,000 versus the autoestrada EM516 area baseline of €392,094 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 72 · Materials 77 · Room dimensions 76). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 75 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
autoestrada EM516
Area baseline €392,094 + condition -€1,498 + location +€37,641 = modelled fair value of €428,237 (€3,126/m²), a €21,763 (4.8%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada EM516 | Subject | €450,000 | €3,285 | — | 72 | 74 |
| Conceição e Estoi · 956b36 | Active | €325,000 | €3,652 | 11.2% | 74 | 65 |
| Conceição e Estoi · de0ac7 | Active | €229,900 | €2,804 | 14.6% | 65 | 53 |
| Conceição e Estoi · 956abf | Active | €925,000 | €3,671 | 11.8% | 78 | 63 |
| Conceição e Estoi · 956bb8 | Active | €795,000 | €6,310 | 92.1% | 76 | 70 |
| Median comp | €560,000 | €3,662 | 11.5% | 75 | 64 |
Long-term rental The apartment in Conceição e Estoi is overpriced at €450,000, with a fair value estimated at €428,237, representing a 4.8% discrepancy. With a gross yield of 0% and a condition score of 74/100, this property may struggle to generate consistent rental income in the long term. Short-term vacation rental Given its location in the Algarve, one might anticipate strong tourism potential; however, the property is overpriced at €450,000 compared to a fair value of €428,237. With a low gross yield of 0% and a condition score of 74/100, it presents risks that may deter potential short-term renters. Buy-and-hold Although the apartment could be perceived as an investment due to the desirable Algarve location, it is currently overpriced at €450,000, exceeding the fair value of €428,237 by 4.8%. The 0% gross yield and neighborhood condition score of 74/100 suggest that holding this property may not yield satisfactory returns over time.
Economic Slump Risk The economic stability score of 65/100 indicates potential vulnerabilities in the local economy, which could lead to fluctuations in tenant demand and rental income.
