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, 3-bathroom house of 225 m², built in 2002, energy rating C. Located Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. This property features an inviting wood stove in the living room, enhancing the cozy ambiance, and includes a spacious backyard perfect for outdoor gatherings.
The valuation. The asking price of €630,000 is positioned below the fair value of €690,185, signaling a difference of €60,185 (8.7%). Therefore, the property is fairly priced and offers a reasonable investment opportunity.
Fair value modelled at €690,185 from 6 comparable sales in the area. Asking €630,000 sits €60,185 (8.7%) below — the upside to fair value.
Asking €630,000 versus the Lagoa e Carvoeiro, Lagoa, Faro area baseline of €507,128 (€2,254/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €507,128, adjusted for condition and micro-location, gives a modelled fair value of €690,185 (€3,067/m²), a €60,185 (8.7%) gap versus the €630,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Lagoa e Carvoeiro · cbc062 | Subject | €630,000 | €2,800 | — | 76 | 73 |
| Lagoa e Carvoeiro · 6229b4 | Active | €330,000 | €3,267 | 16.7% | 70 | 70 |
| Lagoa e Carvoeiro · a79db3 | Active | €390,000 | €2,868 | 2.4% | 74 | 71 |
| Lagoa e Carvoeiro · 19083a | Active | €399,000 | €2,217 | 20.8% | 72 | 67 |
| urbanização Boavista Carvoeiro, 66 | Active | €580,000 | €3,867 | 38.1% | 72 | 77 |
| Median comp | €394,500 | €3,068 | 9.6% | 72 | 71 |
Short-term vacation rental The property can generate a gross yield of 5.1%, which is appealing in the tourist-friendly Algarve market, where seasonal demand can drive significant returns. However, its fair value indicates that the property is priced in line with market expectations, and future appreciation may be limited due to its current pricing. Long-term rental Investing in this property for long-term rental purposes could provide steady income, given its reasonable neighborhood score of 73/100. Nonetheless, with a fair value of €690,185 and current listing at €630,000, the property stands at an expected market price, reflecting limited upside potential in the rental income. Buy-and-hold This buy-and-hold strategy would generally result in stable returns, supported by the 5.1% gross yield and steady demand in a tourist area. Still, with the property being priced right at fair value, the anticipated appreciation might be more subdued than desired over time. Not ideal for student housing The property lacks proximity to universities, making it unsuitable for student housing investments, and potentially experiencing significant tenant turnover. The seasonal nature of tourism further complicates its ability to attract reliable, long-term student tenants. Not ideal for luxury market Given its condition rating of 79/100 and the market's evaluation, this property does not fit the luxury segment, which typically demands higher quality standards and finishes. Its pricing reflects a more standard offering in a competitive market, rather than catering to high-end buyers seeking luxury experiences.
Tenant turnover risk High tenant turnover could be a concern due to the economic stability score of 65/100, which may lead to inconsistent 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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