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, 2-bathroom house of 200 m², built in 1990, energy rating D. Located Estômbar e Parchal parish, Lagoa municipality, Faro district. This property features an extraordinary terrace with unobstructed views of Pestana Golf Resorts, offering a unique opportunity for a customized rehabilitation project in a tranquil setting.
The valuation. The asking price of €950,000 is €18,226 (2.0%) above the fair value of €931,774. Therefore, the property is positioned fairly within the current market landscape.
Fair value modelled at €931,774 from 6 comparable sales in the area. Asking €950,000 sits €18,226 (2.0%) above — overpriced versus fair value.
Asking €950,000 versus the Estômbar e Parchal, Lagoa, Faro area baseline of €1,098,936 (€5,495/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 25/100 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 €1,098,936, adjusted for condition and micro-location, gives a modelled fair value of €931,774 (€4,659/m²), a €18,226 (2.0%) gap versus the €950,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estômbar e Parchal · 3d96da | Subject | €950,000 | €4,750 | — | 20 | 70 |
| Ferragudo · be95cb | Active | €299,000 | €2,670 | 43.8% | — | 75 |
| rua do Mato Serrão | Active | €535,000 | €5,350 | 12.6% | — | 70 |
| Estômbar e Parchal · 911655 | Active | €1,575,000 | €6,702 | 41.1% | 54 | 61 |
| Lagoa e Carvoeiro · f35f4c | Active | €615,000 | €3,968 | 16.5% | 60 | 71 |
| Median comp | €575,000 | €4,659 | 1.9% | 57 | 71 |
Short-term vacation rental With a gross yield of 2.7%, this property can serve as a short-term vacation rental, capitalizing on the tourist influx in the Algarve region. However, given its fair value standing, the potential return may not justify the upfront investment in comparison to competing properties. Long-term rental The property can be positioned as a long-term rental, benefiting from the stable demand within Estômbar e Parchal due to employment patterns tied to tourism. Nevertheless, at its current listing price, it remains fairly valued, which might limit significant upside compared to better-performing options. Buy-and-hold Holding this property long-term in a popular tourist area like Lagoa could yield stable returns over time, particularly with its decent neighborhood rating of 70/100. Yet, with the current fair valuation, investors should approach with caution, as long-term appreciation may not be as promising as other opportunities in the market.
Economic Vulnerability The economic stability score of 60/100 indicates a higher risk of economic fluctuations negatively impacting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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