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.
2-bedroom, 1-bathroom house of 70 m², energy rating E. Located on largo Ossónoba, 14, Conceição e Estoi parish, Faro municipality, Faro district. This property is situated in a vibrant square, fostering a lively community atmosphere with easy access to essential amenities and a weekly market for local goods.
The valuation. The asking price of €295,000 is significantly above the fair value of €209,296, suggesting an overvaluation by €85,704 or 29.1%. This disparity indicates that the property is overpriced in the current market. Buy-to-flip angle. Given the condition of 70/100 and the market dynamics in Conceição e Estoi, a buy-to-flip strategy could aim for cosmetic improvements to appeal to buyers. This may enable a resale strategy targeting a quick turnaround in the thriving tourist market. Buy-to-let angle. With an estimated gross yield of 3.5%, this property could be positioned for rental as a short-term vacation home. The area’s seasonal demand could further enhance rental profitability, appealing to tourists seeking accommodation in the Algarve region.
Fair value modelled at €209,296 from the area baseline, adjusted for condition and location. Asking €295,000 sits €85,704 (29.1%) above — overpriced versus fair value.
Asking €295,000 versus the largo Ossónoba, 14 area baseline of €226,170 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 72 · Materials 68 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
largo Ossónoba, 14
Area baseline €226,170 + condition -€5,469 + location +€14,424 = modelled fair value of €209,296 (€2,990/m²), a €85,704 (29.1%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| largo Ossónoba, 14 | Subject | €295,000 | €4,214 | — | 72 | 68 |
| Conceição e Estoi · 0015b1 | Active | €875,000 | €4,605 | 9.3% | — | 73 |
| Conceição e Estoi · ba5ad8 | Active | €990,000 | €4,091 | 2.9% | 76 | 58 |
| caminho do Telheiro S / N | Active | €880,000 | €3,003 | 28.7% | 63 | 62 |
| Conceição e Estoi · 957016 | Active | €1,100,000 | €5,914 | 40.3% | — | 50 |
| Median comp | €935,000 | €4,348 | 3.2% | 70 | 60 |
Short-term vacation rental The property’s value at €295,000 exceeds its fair value by 29.1%, indicating it is overpriced despite the high demand in the tourist-driven market. Although vacation rentals in the region typically yield a gross return of 3.5%, the price limits the potential for profit. Buy-and-hold At a listing price of €295,000, this property is overpriced compared to its fair value of €209,296, which diminishes the attractiveness of a long-term buy-and-hold investment strategy. With a condition score of 70/100, ongoing maintenance costs could further erode returns on this investment. Family rental The property being priced at €295,000, significantly above its fair value, suggests it is overpriced for family rental purposes. Given its condition and the moderate neighborhood rating of 68/100, investing in this property for family rentals may not yield the expected returns due to high initial costs.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate level of risk that local market conditions may negatively impact property value and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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