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 country_house of 332 m², built in 2002, energy rating D. Located on rua Porches Velho, 142, Porches parish, Lagoa municipality, Faro district. Noteworthy Feature: This property includes an adjacent rustic land of 2,320 m², offering significant opportunities for expansion or development in a desirable Algarve location.
The valuation. The asking price of €1,000,000 is significantly below the fair value of €1,343,200, indicating it is underpriced by €343,200 (25.6%). This presents a compelling opportunity for savvy investors.
Fair value modelled at €1,343,200 from 6 comparable sales in the area. Asking €1,000,000 sits €343,200 (25.6%) below — the upside to fair value.
Asking €1,000,000 versus the rua Porches Velho, 142 area baseline of €1,198,941 (€3,611/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 €1,198,941, adjusted for condition and micro-location, gives a modelled fair value of €1,343,200 (€4,046/m²), a €343,200 (25.6%) gap versus the €1,000,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Porches Velho, 142 | Subject | €1,000,000 | €3,012 | — | 75 | 70 |
| Lagoa e Carvoeiro · 49b71c | Active | €130,000 | €1,083 | 64.0% | 80 | 60 |
| rua do Levante S / N | Active | €595,000 | €4,917 | 63.3% | 80 | 77 |
| rua Encosta dos Alporchinhos, 1 | Active | €490,000 | €2,526 | 16.1% | 70 | 79 |
| Lagoa e Carvoeiro · 1f3405 | Active | €990,000 | €4,829 | 60.3% | 75 | 79 |
| Median comp | €542,500 | €3,678 | 22.1% | 78 | 78 |
Short-term vacation rental This property is well-positioned in the tourism-centric Southern Algarve, which suggests strong demand for short-term vacation rentals. The appealing gross yield of 2.3% coupled with a fair value of €1,343,200 indicates that this property is an attractive investment in a vibrant market. Long-term rental The location near the coast in a neighborhood with a solid rating of 70/100 enhances its potential for long-term rentals, particularly with the property's favorable size and condition. Although the yield is relatively modest at 2.3%, the gap to fair value signals potential for appreciation over time, reinforcing its viability as a long-term rental asset. Buy-and-hold With a fair value significantly above the listing price and a resilient local rental market, this property presents a sound buy-and-hold opportunity. Its condition score of 78/100 supports a solid investment for long-term appreciation, as property values in the Algarve region are likely to grow due to ongoing demand for housing in this desirable location.
Economic and Tenant Stability Risk: With both economic stability and tenant stability scores at 65/100, there is a heightened risk of economic fluctuations impacting tenant retention and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
