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.
0-bedroom, 0-bathroom apartment of 72 m². Located Conceição e Estoi parish, Faro municipality, Faro district. Noteworthy Features: This property includes a pleasant private patio equipped with a barbecue area, enhancing outdoor leisure options and providing a perfect space for social gatherings.
The valuation. The asking price of €282,000 exceeds the fair value of €210,936 by €71,064, representing a mark-up of 25.2%. This property is considered overpriced based on current market analyses.
Fair value modelled at €210,936 from the area baseline, adjusted for condition and location. Asking €282,000 sits €71,064 (25.2%) above — overpriced versus fair value.
Asking €282,000 versus the Conceição e Estoi, Faro, Faro area baseline of €232,632 (€3,231/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 54/100 (Housing Market 60 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Conceição e Estoi, Faro, Faro
Area baseline €232,632 + condition +€1,575 + location +€3,297 = modelled fair value of €210,936 (€2,930/m²), a €71,064 (25.2%) gap versus the €282,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Conceição e Estoi · 483bd3 | Subject | €282,000 | €3,917 | — | 74 | 54 |
| avenida 5 de Outubro | Active | €280,000 | €5,600 | 43.0% | 75 | 73 |
| Faro (Sé e São Pedro) · dc1485 | Active | €230,000 | €5,000 | 27.7% | 74 | 55 |
| Faro (Sé e São Pedro) · 25f545 | Active | €285,000 | €4,071 | 4.0% | 70 | 64 |
| Faro (Sé e São Pedro) · 0902d9 | Active | €595,000 | €5,891 | 50.4% | 78 | 62 |
| Median comp | €282,500 | €5,300 | 35.3% | 75 | 63 |
Long-term rental This property, priced at €282,000, is overpriced compared to its fair value of €210,936, which may deter long-term tenants looking for value. Additionally, with a gross yield of only 2.6% and a low neighbourhood score of 54/100, the potential for sustained rental income appears limited. Short-term vacation rental While the property could serve as a short-term vacation rental, its overpriced listing and the fair value gap of 25.2% highlight a significant risk for seasonal rental income. Given its rural location in Algarve and average condition rating of 76/100, it may struggle to attract tourists willing to pay premium rates. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable due to its overpriced nature and limited appreciation prospects, with a fair value substantially lower than the asking price. The combination of a modest gross yield of 2.6% and average neighbourhood metrics indicates that long-term value growth may not justify the initial investment cost.
Low Economic Stability Risk The economic stability score of 40/100 indicates a high risk of economic downturns affecting rental income potential.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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