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.
2-bedroom, 1-bathroom apartment of 95 m² on the 1st floor, built in 2010, energy rating B. Located Estômbar e Parchal parish, Lagoa municipality, Faro district. Noteworthy Features: This apartment features an unobstructed balcony view of the golf course and Monchique mountains, complemented by the luxurious infinity pool in the common areas.
The valuation. The asking price of €305,000 is only 1.4% above fair value of €300,803, suggesting that the property is fairly priced and potentially attractive for buyers looking to invest in this area.
Fair value modelled at €300,803 from 6 comparable sales in the area. Asking €305,000 sits €4,197 (1.4%) above — overpriced versus fair value.
Asking €305,000 versus the Estômbar e Parchal, Lagoa, Faro area baseline of €239,667 (€2,523/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting 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 €239,667, adjusted for condition and micro-location, gives a modelled fair value of €300,803 (€3,166/m²), a €4,197 (1.4%) gap versus the €305,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estômbar e Parchal · 62721f | Subject | €305,000 | €3,211 | — | 76 | 65 |
| Estômbar e Parchal · 438eeb | Active | €395,000 | €2,782 | 13.4% | 78 | 73 |
| rua 16 de Janeiro, 1 | Active | €250,000 | €3,247 | 1.1% | 72 | 73 |
| rua do Pestana Golf Resort | Active | €395,000 | €3,086 | 3.9% | 75 | 72 |
| rua Jacinto Correia | Active | €329,000 | €3,656 | 13.9% | 78 | 69 |
| Median comp | €362,000 | €3,167 | 1.4% | 77 | 73 |
Short-term vacation rental The 2-bed apartment in Estômbar e Parchal, Lagoa is fairly priced at €305,000, which is only 1.4% above the fair value of €300,803. However, with a gross yield of 0%, the potential for generating income from short-term vacation rentals is limited in this saturated tourist market. Buy-and-hold At current pricing, this property is stable with a fair valuation, but the lack of rental yield makes it less appealing as a long-term investment for buy-and-hold strategies. The neighbourhood scores 65/100, suggesting moderate tenant quality and economic fundamentals that may not support significant price appreciation in the future. Family rental The apartment's fair listing price and decent condition indicate it may suit family rental markets, yet the zero yield highlights a lack of immediate rental income potential. With a neighbourhood score of 65/100, families may find it less attractive, given the employment market's heavy dependence on seasonal tourism fluctuations.
Economic Volatility Risk The property faces potential economic volatility due to a relatively low economic stability score of 60/100, which may 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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