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, 2-bathroom apartment of 142 m², built in 2006, energy rating C. Located Estômbar e Parchal parish, Lagoa municipality, Faro district. This apartment offers unique access to golf course views, ensuring a tranquil environment complemented by well-designed covered terraces ideal for outdoor relaxation and entertainment.
The valuation. The asking price of €395,000 is significantly above the fair value of €153,907, resulting in an overpricing of €241,093 (61.0%). This discrepancy indicates that the property is not a worthwhile investment at its current price.
Fair value modelled at €153,907 from the area baseline, adjusted for condition and location. Asking €395,000 sits €241,093 (61.0%) above — overpriced versus fair value.
Asking €395,000 versus the Estômbar e Parchal, Lagoa, Faro area baseline of €489,474 (€3,447/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 75 · Materials 80 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Estômbar e Parchal, Lagoa, Faro
Area baseline €489,474 + condition -€3,328 + location +€13,247 = modelled fair value of €153,907 (€1,084/m²), a €241,093 (61.0%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estômbar e Parchal · 225adf | Subject | €395,000 | €2,782 | — | 75 | 73 |
| rua do Pestana Golf Resort, 226 | Active | €435,000 | €7,373 | 165.1% | 75 | 63 |
| rua do Pestana Golf Resort, 226 | Active | €435,000 | €7,373 | 165.1% | 75 | 65 |
| Estômbar e Parchal · b7bf3e | Active | €287,500 | €3,026 | 8.8% | 72 | 74 |
| rua de São Pedro | Active | €395,000 | €2,394 | 13.9% | 75 | 73 |
| Median comp | €415,000 | €5,200 | 86.9% | 75 | 69 |
Short-term vacation rental The 2-bed apartment in Estômbar e Parchal, priced at €395,000, presents a significant gap vs fair value of €153,907, indicating it is overpriced by 61.0%. With a gross yield of 0%, the potential for profitability through vacation rentals is limited, making it a less favorable investment option. Long-term rental Given the current listing price of €395,000 and an estimated fair value of only €153,907, the property is overpriced by 61.0%, which could deter prospective long-term tenants due to affordability concerns. The apartment's condition rating of 74/100 suggests some level of upkeep but may not justify such a high asking price for long-term leasing. Buy-and-hold The buy-and-hold strategy appears unviable for this 2-bed apartment listed at €395,000 when its fair value is only €153,907, marking a significant 61.0% overpricing. Investors may find that holding onto a property at this inflated price will not yield adequate returns, especially with a gross yield of 0%. Not ideal for: Student housing, Luxury market, Industrial
Moderate economic risk The economic stability score of 65/100 indicates potential vulnerabilities in the local economy that may affect property values or rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
