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, 3-bathroom house of 120 m², built in 1989, energy rating E. Located Conceição e Estoi parish, Faro municipality, Faro district. Remarkable Feature: This property includes a fully renovated studio adjacent to the main house, providing versatile options for guests or a home office. Additional Advantage: Solar panels enhance energy efficiency while maintaining elegant aesthetics.
The valuation. The asking price of €799,000 is significantly above the fair value of €357,874, resulting in an overpricing of €441,126 (55.2%). This valuation suggests that potential buyers may need to reconsider their investment strategy.
Fair value modelled at €357,874 from the area baseline, adjusted for condition and location. Asking €799,000 sits €441,126 (55.2%) above — overpriced versus fair value.
Asking €799,000 versus the Conceição e Estoi, Faro, Faro area baseline of €387,720 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 82 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 53/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Conceição e Estoi, Faro, Faro
Area baseline €387,720 + condition +€10,313 + location +€4,121 = modelled fair value of €357,874 (€2,982/m²), a €441,126 (55.2%) gap versus the €799,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Estoi · 96c188 | Subject | €799,000 | €6,658 | — | 78 | 53 |
| rua Joaquim Agostinho | Active | €790,000 | €3,511 | 47.3% | 72 | 71 |
| Pechão · 99f3d6 | Active | €990,000 | €3,523 | 47.1% | 80 | 71 |
| Faro (Sé e São Pedro) · 956b41 | Active | €1,325,000 | €4,102 | 38.4% | 77 | 60 |
| estrada de São Luís | Active | €426,000 | €2,420 | 63.6% | 55 | 74 |
| Median comp | €890,000 | €3,517 | 47.2% | 75 | 71 |
Long-term rental This property is overpriced at €799,000, significantly exceeding the fair value of €357,874, with a gap of 55.2%. With a gross yield of only 1.9%, the investment potential for long-term rental income is limited and unattractive. Buy-and-hold Given the substantial difference between the asking price and the fair value, this investment strategy is not advisable as the property is overpriced. The current condition rating of 81/100 and a moderate neighborhood score of 53/100 do not justify the high entry price for a buy-and-hold approach.
Low Economic Resilience With an economic stability score of 45/100, there is a heightened risk of economic downturn affecting tenant ability to pay, potentially leading to rental income instability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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