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.
6-bedroom, 4-bathroom house of 665 m², built in 1998, energy rating D. Located Estômbar e Parchal parish, Lagoa municipality, Faro district. Property Highlights: This expansive property includes a sizable basement that features both a garage and additional living space, along with a south-facing swimming pool perfect for sunlight. Condition Notes: The property shows signs of moderate wear with functional bathrooms and adequate room sizes, but some fixtures appear dated and there is a need for minor maintenance in areas. Valuation Verdict: Awaiting further analysis.
The valuation. The asking price of €568,000 sits significantly below the fair value of €1,317,660, indicating that the property is subvalued by €749,660 (56.9%). Buy-to-flip angle. A buy-to-flip strategy could capitalize on the low asking price by renovating the property for resale, potentially increasing value considerably in this desirable location. Buy-to-let angle. For a buy-to-let approach, the property’s proximity to the Algarve coast allows for seasonal tourism rentals, making it an attractive option despite the current zero gross yield.
Fair value modelled at €1,317,660 from 6 comparable sales in the area. Asking €568,000 sits €749,660 (56.9%) below — the upside to fair value.
Asking €568,000 versus the Estômbar e Parchal, Lagoa, Faro area baseline of €1,531,725 (€2,303/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €1,531,725, adjusted for condition and micro-location, gives a modelled fair value of €1,317,660 (€1,981/m²), a €749,660 (56.9%) gap versus the €568,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estômbar e Parchal · 833f3e | Subject | €568,000 | €854 | — | 60 | 66 |
| Ferragudo · f14bce | Active | €700,000 | €2,800 | 227.8% | 62 | 74 |
| rua Capitão Teófilo Duarte | Active | €290,000 | €1,676 | 96.3% | 55 | 65 |
| Portimão · 5ecf7a | Active | €375,000 | €2,287 | 167.7% | 62 | 75 |
| rua Rio Arade | Active | €590,000 | €2,565 | 200.3% | 52 | 70 |
| Median comp | €482,500 | €2,426 | 184.0% | 59 | 72 |
Short-term vacation rental The property’s strategic location near the Algarve coast positions it well for short-term vacation rentals, capitalizing on the seasonal influx of tourists. With a significant gap of 56.9% below fair value, this investment can yield substantial returns, especially during peak tourist seasons. Buy-and-hold Acquiring this property for a long-term hold can prove advantageous, given its valuation at €568,000, significantly under the fair value of €1,317,660. As the property appreciates in a coastal neighborhood popular with tourists, investors stand to benefit from future capital gains. Family rental This house may also serve as a suitable option for family rentals, given its spacious layout and proximity to the picturesque Algarve region. Priced at 56.9% below fair value, it presents a compelling opportunity despite its current condition and neighborhood factors that could be improved upon.
Economic Vulnerability With an economic stability score of 60/100, there is a risk of economic fluctuations negatively impacting rental income and property value.
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