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, 1-bathroom house of 308 m², energy rating E. Located Salir parish, Loulé municipality, Faro district. Noteworthy Feature: The property includes two large warehouses totaling 209 m², offering significant potential for diverse business ventures or additional income streams post-renovation.
The valuation. The asking price of €395,000 is significantly below the fair value of €970,078, indicating a discrepancy of €575,078 (145.6%). This property is clearly underpriced, presenting a compelling investment opportunity that merits consideration.
Fair value modelled at €970,078 from the area baseline, adjusted for condition and location. Asking €395,000 sits €575,078 (145.6%) below — the upside to fair value.
Asking €395,000 versus the Salir, Loulé, Faro area baseline of €411,180 (€1,335/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 (Condition 35 · Materials 38 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 40 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Salir, Loulé, Faro
Area baseline €411,180 + condition -€173,250 + location +€35,452 = modelled fair value of €970,078 (€3,150/m²), a €575,078 (145.6%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Salir · 4a7e44 | Subject | €395,000 | €1,282 | — | 35 | 58 |
| Salir · 023842 | Active | €218,000 | €1,772 | 38.2% | 45 | 58 |
| autoestrada EM503, 416 | Active | €235,000 | €2,866 | 123.5% | — | 64 |
| Salir · 1e6038 | Active | €255,000 | €3,643 | 184.1% | 60 | 71 |
| rua Cova dos Porteiros, 1 | Active | €345,000 | €1,268 | 1.1% | 55 | 58 |
| Median comp | €245,000 | €2,319 | 80.8% | 55 | 61 |
Long-term rental With a fair value of €970,078 and a current listing of €395,000, this property presents a 145.6% gap, indicating it is subvalued despite having a modest rental yield of 0%. Given the condition rating of 39/100, the focus on long-term rentals in this less tourist-centric inland Algarve location may attract tenants seeking affordable residential options. Short-term vacation rental Despite being away from major tourist areas, the significant difference between the current listing and fair value suggests potential for appreciation in value, although the 0% yield indicates a lack of immediate cash flow. The moderate neighborhood rating of 58/100 may appeal to those seeking a unique vacation experience, albeit with limited local amenities to enhance attractiveness.
Economic Vulnerability Due to an economic stability score of 50/100, there is a significant risk that economic downturns could adversely affect property values 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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