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.
5-bedroom, 5-bathroom house of 168 m², built in 1988, energy rating C. Located Conceição e Estoi parish, Faro municipality, Faro district. Noteworthy Features: This property includes a wine cellar and a fully independent annex with its own kitchen and living area, providing versatile living options and ample space for guests.
The valuation. The asking price of €1,785,000 is significantly above the fair value of €539,494, representing an overpricing of €1,245,506 (69.8%). This makes the property an unattractive investment option despite its high-quality features.
Fair value modelled at €539,494 from the area baseline, adjusted for condition and location. Asking €1,785,000 sits €1,245,506 (69.8%) above — overpriced versus fair value.
Asking €1,785,000 versus the Conceição e Estoi, Faro, Faro area baseline of €480,816 (€2,862/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Conceição e Estoi, Faro, Faro
Area baseline €480,816 + condition +€20,213 + location +€38,465 = modelled fair value of €539,494 (€3,211/m²), a €1,245,506 (69.8%) gap versus the €1,785,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Estoi · f36034 | Subject | €1,785,000 | €10,625 | — | 80 | 70 |
| Conceição e Estoi · 0dcd2c | Active | €1,785,000 | €5,313 | 50.0% | 75 | 66 |
| Conceição e Estoi · f36002 | Active | €1,785,000 | €10,625 | 0% | 76 | 69 |
| Conceição e Estoi · 956ed2 | Active | €2,350,000 | €7,781 | 26.8% | 90 | 64 |
| Conceição e Estoi · 956abf | Active | €925,000 | €3,671 | 65.5% | 78 | 63 |
| Median comp | €1,785,000 | €6,547 | 38.4% | 77 | 65 |
Short-term vacation rental\nAlthough the Algarve is recognized as a prime tourist destination, this property’s high price point of €1,785,000 presents a significant risk due to its valuation being 69.8% above fair value. The resulting gross yield of only 1.3% further diminishes the attractiveness of this investment strategy, indicating it may struggle to generate sufficient cash flow to cover expenses.\n\nLong-term rental\nAcquiring this property for long-term rental purposes is inherently unappealing given the €1,785,000 listing price, as it exceeds fair value by 69.8%. With a gross yield of just 1.3%, potential rental income is unlikely to provide adequate returns compared to the underlying financial commitment.\n\nBuy-and-hold\nInvesting in this property as a buy-and-hold asset is not advisable, as the current market listing of €1,785,000 is significantly above its fair value of €539,494, representing a 69.8% premium. The suboptimal gross yield of 1.3% raises concerns over the property’s ability to deliver sustainable growth or attractive returns over time.
Economic Variability Risk Low economic stability score of 65 could indicate potential fluctuations in market conditions, affecting long-term tenant retention.