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 200 m², built in 1991, energy rating C. Located on travessa das Escadinhas, 4, Porches parish, Lagoa municipality, Faro district. Noteworthy Features: The property boasts a charming Moorish architectural style with rounded walls and unique Moorish tiles throughout, enhancing its character and aesthetic appeal.
The valuation. The asking price of €780,000 is significantly above the fair value of €677,842, resulting in an overpricing of €102,158 (15.1%). This property is best categorized as overpriced in the current market.
Fair value modelled at €677,842 from 6 comparable sales in the area. Asking €780,000 sits €102,158 (15.1%) above — overpriced versus fair value.
Asking €780,000 versus the travessa das Escadinhas, 4 area baseline of €625,891 (€3,129/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €625,891, adjusted for condition and micro-location, gives a modelled fair value of €677,842 (€3,389/m²), a €102,158 (15.1%) gap versus the €780,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa das Escadinhas, 4 | Subject | €780,000 | €3,900 | — | 72 | 70 |
| rua Porches Velho, 142 | Active | €1,000,000 | €3,012 | 22.8% | 75 | 70 |
| Lagoa e Carvoeiro · a803b8 | Active | €545,000 | €3,516 | 9.8% | 78 | 74 |
| Lagoa e Carvoeiro · 49b71c | Active | €130,000 | €1,083 | 72.2% | 80 | 60 |
| Porches · a803e7 | Active | €595,000 | €4,917 | 26.1% | 74 | 72 |
| Median comp | €570,000 | €3,264 | 16.3% | 77 | 71 |
Short-term vacation rental Given the house's prime location in Algarve, the potential for seasonal rental income may appear attractive; however, with a gross yield of only 2.3% and the property being overpriced at €780,000, it fails to meet ideal investment returns. The economic stability driven by tourism may not sufficiently offset the initial capital outlay needed. Long-term rental The property, while close to popular tourist spots, is not ideally positioned for long-term rental given its high asking price of €780,000 and a fair value of €677,842, presenting a gap of 15.1%. With a tenant quality rating of 70/100, it may struggle to provide a reliable yield, particularly when the investment is overpriced. Buy-and-hold Although the Algarve region shows some economic stability due to tourism, the property’s fair value of €677,842 compared to its listing price of €780,000 indicates it is overpriced by 15.1%. This discrepancy diminishes the attractiveness of a buy-and-hold strategy, potentially curtailing capital appreciation and returns over time.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of downturns that could negatively impact 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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