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.
4-bedroom, 2-bathroom house of 104 m², built in 1987, energy rating D. Located Porches parish, Lagoa municipality, Faro district. Unique Feature: This property boasts two pleasant balconies for outdoor leisure, along with a dedicated BBQ area, enhancing its appeal for entertaining and relaxation.
The valuation. The asking price of €349,000 sits €153,709 (44.0%) above the fair value of €195,291, indicating that the property is overpriced. This significant markup suggests a lack of immediate appeal for investors seeking value.
Fair value modelled at €195,291 from the area baseline, adjusted for condition and location. Asking €349,000 sits €153,709 (44.0%) above — overpriced versus fair value.
Asking €349,000 versus the Porches, Lagoa, Faro area baseline of €394,576 (€3,794/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Porches, Lagoa, Faro
Area baseline €394,576 + condition +€2,438 + location +€14,285 = modelled fair value of €195,291 (€1,878/m²), a €153,709 (44.0%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Porches · 225c4c | Subject | €349,000 | €3,356 | — | 73 | 70 |
| Porches · f362ae | Active | €1,750,000 | €5,973 | 78.0% | 73 | 81 |
| rua de Vala | Active | €835,000 | €5,880 | 75.2% | 78 | 64 |
| Lagoa e Carvoeiro · 23f2ab | Active | €1,400,000 | €4,294 | 28.0% | 71 | 73 |
| autoestrada EM530-1, 54 | Active | €580,000 | €4,328 | 29.0% | 67 | 72 |
| Median comp | €1,117,500 | €5,104 | 52.1% | 72 | 73 |
Short-term vacation rental Given the property's €349,000 listing price against a fair value of €195,291, it is clear that the investment is overpriced with a significant gap of 44.0%. The zero gross yield combined with the area's fluctuating seasonal demand makes this strategy particularly unviable. Long-term rental With the property listed at €349,000 while being valued at only €195,291, the investment presents a 44% gap, indicating it is overpriced. The property’s zero gross yield and the neighborhood's average conditions pose further challenges to securing sustainable long-term rental income. Family rental The asking price of €349,000, compared to the fair value of €195,291, reflects a substantial overpricing of 44.0%. Although aimed at families, the property’s condition rating of 77/100 and the neighborhood dynamics suggest limited appeal for long-term family renters, given the zero yield.
Economic Sensitivity The property carries a risk due to its moderate economic stability score of 65/100, which indicates potential vulnerability to economic downturns that might affect rental income and tenant occupancy.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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