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 palace of 125 m², energy rating E. Located Conceição e Estoi parish, Faro municipality, Faro district. This property features a traditional fireplace in the kitchen, adding an authentic charm to the home and enhancing its potential as a cozy gathering space.
The valuation. The asking price of €320,000 is €32,383 (10.1%) above fair value of €287,617, indicating that the property is overpriced. Basic materials and outdated elements suggest further negotiations may be necessary for favorable terms.
Fair value modelled at €287,617 from the area baseline, adjusted for condition and location. Asking €320,000 sits €32,383 (10.1%) above — overpriced versus fair value.
Asking €320,000 versus the Conceição e Estoi, Faro, Faro area baseline of €403,875 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 30/100 (Condition 25 · Materials 35 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 55 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Conceição e Estoi, Faro, Faro
Area baseline €403,875 + condition -€87,305 + location +€17,172 = modelled fair value of €287,617 (€2,301/m²), a €32,383 (10.1%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Estoi · 735699 | Subject | €320,000 | €2,560 | — | 25 | 62 |
| Conceição e Estoi · 4a802a | Active | €690,000 | €3,450 | 34.8% | — | 68 |
| Conceição e Estoi · 956b9e | Active | €650,000 | €5,804 | 126.7% | — | 66 |
| largo do Forno Velho, 10 | Active | €498,000 | €1,346 | 47.4% | — | 54 |
| largo Ossónoba, 14 | Active | €295,000 | €4,214 | 64.6% | 72 | 68 |
| Median comp | €574,000 | €3,832 | 49.7% | 72 | 67 |
Long-term rental The property in Conceição e Estoi, Faro, is overpriced at €320,000, given the fair value estimate of €287,617, representing a 10.1% gap. With a gross yield of 4.7% and a low condition score of 30/100, this investment lacks the compelling fundamentals for long-term rental success. Short-term vacation rental Although the Algarve attracts tourism, the €320,000 asking price reflects an overvaluation compared to its fair value of €287,617, resulting in a 10.1% premium. The property's condition and lower neighbourhood score of 62/100 raise concerns about its potential performance in the short-term vacation rental market. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable, as it is priced at €320,000, which exceeds the fair value of €287,617 by 10.1%. The combination of a relatively low yield of 4.7% and a condition rating of only 30/100 suggests that the property may not appreciate sufficiently over time to justify its price.
Economic and Tenant Instability: With an economic stability score of 60 and a tenant stability score of 65, there is a heightened risk of fluctuating income due to potential economic downturns and tenant turnover, impacting overall profitability significantly.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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