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 82 m², built in 1999, energy rating E. Located on rua das Bicas, Barão de São Miguel parish, Vila do Bispo municipality, Faro district. The property features a charming rooftop terrace that provides a serene outdoor retreat, ideal for enjoying the Algarvian sun and village views.
The valuation. The asking price of €299,000 is significantly above the fair value of €147,117, reflecting a 50.8% overvaluation. This property is not priced in alignment with comparable market trends.
Fair value modelled at €147,117 from the area baseline, adjusted for condition and location. Asking €299,000 sits €151,883 (50.8%) above — overpriced versus fair value.
Asking €299,000 versus the rua das Bicas area baseline of €191,142 (€2,331/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 80 · Room dimensions 73). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua das Bicas
Area baseline €191,142 + condition +€128 + location +€6,195 = modelled fair value of €147,117 (€1,794/m²), a €151,883 (50.8%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Bicas | Subject | €299,000 | €3,646 | — | 72 | 61 |
| Luz · 4a7ed4 | Active | €675,000 | €8,882 | 143.6% | 70 | 67 |
| Budens · 4b92a5 | Active | €625,000 | €4,630 | 27.0% | 79 | 73 |
| Luz · 0900b0 | Active | €599,000 | €4,103 | 12.5% | 75 | 73 |
| Budens · 001b65 | Active | €465,000 | €3,875 | 6.3% | 80 | 73 |
| Median comp | €612,000 | €4,367 | 19.8% | 77 | 73 |
Short-term vacation rental The property's listing price of €299,000 significantly exceeds its fair value of €147,117, indicating it is overpriced by 50.8%. With a gross yield of 5.1% and a neighbourhood score of 61/100, the potential returns may not justify the high investment costs. Buy-and-hold Investing in this property at the current listing price may not be advisable, given its substantial markup over fair value. The combination of a 5.1% gross yield and a moderate condition rating of 75/100 suggests that long-term appreciation is uncertain against such a high initial cost.
Economic Volatility Risk With an economic stability score of 55/100, the property is susceptible to fluctuations that could negatively impact rental income, jeopardizing investment returns. Tenant Turnover Risk A tenant stability score of 55/100 indicates a higher likelihood of tenant turnover, which can lead to increased vacancy rates and added costs for leasing and maintenance.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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