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 202 m², built in 2006, energy rating C. Located Estômbar e Parchal parish, Lagoa municipality, Faro district. This property features a multifunctional basement ideal for various uses, including an aesthetics office and gym, enhancing its appeal for adaptable living.
The valuation. The asking price of €485,000 is €35,874 (8.0%) above fair value, which is estimated at €449,126. This property is considered to be priced at fair value, reflecting a reasonable market assessment.
Fair value modelled at €449,126 from 6 comparable sales in the area. Asking €485,000 sits €35,874 (8.0%) above — overpriced versus fair value.
Asking €485,000 versus the Estômbar e Parchal, Lagoa, Faro area baseline of €507,874 (€2,514/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €507,874, adjusted for condition and micro-location, gives a modelled fair value of €449,126 (€2,223/m²), a €35,874 (8.0%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estômbar e Parchal · f5ead8 | Subject | €485,000 | €2,401 | — | 68 | 76 |
| rua Capitão Teófilo Duarte | Active | €290,000 | €1,676 | 30.2% | 55 | 65 |
| urbanização António Joaquim Duarte, 23 | Active | €390,000 | €2,708 | 12.8% | 68 | 74 |
| Portimão · 4a44c3 | Active | €230,000 | €2,130 | 11.3% | — | 67 |
| Portimão · 001a44 | Active | €269,500 | €2,246 | 6.5% | — | 67 |
| Median comp | €279,750 | €2,188 | 8.9% | 62 | 67 |
Short-term vacation rental The property is located in a coastal area popular for tourism, making it a suitable candidate for short-term vacation rentals. However, with a fair value gap of 8.0%, the current listing price reflects fair market conditions rather than an opportunity for exceptional profitability. Buy-and-hold While the property shows promise with a gross yield of 6.7%, the current price of €485,000 indicates that it is aligned with its fair value. Investors can expect stable rental income in a neighborhood rated 76/100 for tenant quality but should be cautious given the minor price gap. Luxury market Despite its decent condition score of 66/100 and its potential appeal in the luxury segment, the property is priced at €485,000, which aligns closely with its fair value. The competitive nature of the luxury market in coastal regions suggests that while it can attract buyers, the property is not a standout investment opportunity due to its pricing. Not ideal for student housing In a location that thrives on tourism, the property is not well-suited for student housing purposes. The characteristics of the neighborhood and its rental market do not support long-term leases typically associated with student accommodations. Not ideal for industrial investment Given the coastal tourist appeal of Estômbar e Parchal, this property does not cater to industrial investment needs. The economic landscape is focused on tourism, making industrial applications less relevant. Not ideal for subsidized housing The property’s positioning in a tourist-centered region does not align with requirements for subsidized housing initiatives. Demand patterns and neighborhood dynamics suggest other uses would be more appropriate for this space.
Tenant turnover risk With a tenant stability score of 70/100, there is a significant risk of higher tenant turnover, which could impact cash flow and increase vacancy rates in the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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