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, 4-bathroom house of 335 m², built in 1902, energy rating C. Located on rua do Pe da Cruz, Conceição e Estoi parish, Faro municipality, Faro district. Noteworthy Feature: This historic villa includes an approved project featuring an attic luxurious master suite with a private elevator, ensuring both exclusivity and accessibility in a prime location.
The valuation. The asking price of €595,000 sits below the fair value of €681,302 by €86,302 (12.7%). This property is fairly valued based on current market conditions. Buy-to-flip angle. The resale strategy focuses on short-term vacation rentals, targeting the lucrative tourist season in the Algarve. Minor renovations may enhance its appeal and resale potential. Buy-to-let angle. The rental income strategy is based on an estimated gross yield of 7.8%, equating to approximately €3,868 per month. The seasonal nature of the area offers promising income opportunities from vacation rentals.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Pe da Cruz | Subject | €595,000 | €1,776 | — | — | 51 |
| largo do Forno Velho, 10 | Active | €498,000 | €1,346 | 24.2% | — | 54 |
| Conceição e Estoi · f46c73 | Active | €350,000 | €1,186 | 33.2% | — | 73 |
| Conceição e Estoi · f3626c | Active | €638,000 | €2,163 | 21.8% | 60 | 60 |
| Conceição e Estoi · 735699 | Active | €320,000 | €2,560 | 44.1% | 25 | 62 |
| Median comp | €424,000 | €1,755 | 1.2% | 43 | 61 |
Short-term vacation rental The property is proposed for short-term vacation rental in Algarve's tourism-driven market, where the 7.8% gross yield reflects its potential for income generation. However, with a condition rating of 0/100 and a neighborhood score of 51/100, it may deter some guests and limit occupancy during peak seasons. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield moderate returns, given its fair value at €681,302 compared to the listing price of €595,000. Yet, the reliance on a seasonal economy and uncertain school quality may pose challenges to long-term property appreciation and rental demand in the future.
Economic and Tenant Instability With an economic stability score of 45/100 and a tenant stability score of 50/100, there is a significant risk of fluctuating rental income and potential vacancies impacting overall profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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