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, 3-bathroom house of 194 m², built in 2007, energy rating D. Located on rua da Eira, União das Freguesias de Querença, Tôr e Benafim parish, Loulé municipality, Faro district. Noteworthy Features: The property includes a separate plot with a water borehole, ensuring sustainable irrigation for the garden and pool, enhancing its appeal for nature enthusiasts.
The valuation. The asking price of €580,000 sits very close to the fair value of €578,820, differing by just €1,180 (0.2%). This valuation indicates the property is priced fairly.
Fair value modelled at €578,820 from 6 comparable sales in the area. Asking €580,000 sits €1,180 (0.2%) above — overpriced versus fair value.
Asking €580,000 versus the rua da Eira area baseline of €545,676 (€2,813/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €545,676, adjusted for condition and micro-location, gives a modelled fair value of €578,820 (€2,984/m²), a €1,180 (0.2%) gap versus the €580,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Eira | Subject | €580,000 | €2,990 | — | 75 | 60 |
| caminho do Barranco | Active | €995,000 | €2,734 | 8.6% | 70 | 66 |
| Loulé (São Clemente) · cfe060 | Active | €445,000 | €2,557 | 14.5% | 80 | 64 |
| Almancil · 26206b | Active | €1,190,000 | €3,234 | 8.2% | 80 | 65 |
| Loulé (São Clemente) · 938828 | Active | €470,000 | €2,282 | 23.7% | 70 | 61 |
| Median comp | €732,500 | €2,646 | 11.5% | 75 | 65 |
Short-term vacation rental The property is suitable for short-term vacation rentals due to its location in the Algarve, a prominent tourist destination. However, with a yield of 0%, it may not provide immediate cash flow benefits for investors in this strategy. Long-term rental Given the property's fair value and average neighborhood rating, it may not attract the desired tenant quality for long-term rentals, potentially limiting rental income. The local amenities and educational facilities are sufficient, but they may not sufficiently appeal to families seeking a long-term residence. Buy-and-hold Investing in this property with the intention to hold for appreciation in a stable market may be reasonable, considering the fair valuation. Still, potential buyers should be cautious as the slight gap from fair value suggests limited upside in the near term, especially in a competitive housing market.
Economic Vulnerability The economic stability score of 50/100 indicates a significant risk of economic downturn, which may adversely affect tenant retention 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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