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, 3-bathroom house of 263 m², energy rating D. Located on praceta Santos Stockler, 20, Montenegro parish, Faro municipality, Faro district. The property's expansive 81 m² basement features a bar area and fireplace, allowing for versatile use as a game room, office, or guest space with potential for independent access.
The valuation. The asking price of €865,000 exceeds the fair value of €735,705 by €129,295 (17.6%), indicating that this property is overpriced. A prudent investor should consider these metrics before proceeding.
Fair value modelled at €735,705 from 6 comparable sales in the area. Asking €865,000 sits €129,295 (17.6%) above — overpriced versus fair value.
Asking €865,000 versus the praceta Santos Stockler, 20 area baseline of €710,964 (€2,703/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €710,964, adjusted for condition and micro-location, gives a modelled fair value of €735,705 (€2,797/m²), a €129,295 (17.6%) gap versus the €865,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Santos Stockler, 20 | Subject | €865,000 | €3,289 | — | 70 | 57 |
| Montenegro · 3d98bf | Active | €749,000 | €3,329 | 1.2% | 77 | 65 |
| rua das Margaridas, 3 | Active | €580,000 | €2,156 | 34.4% | 65 | 63 |
| Montenegro · 8750e2 | Active | €955,000 | €2,553 | 22.4% | 70 | 60 |
| Montenegro · 83122d | Active | €1,270,000 | €2,797 | 14.9% | 90 | 74 |
| Median comp | €852,000 | €2,675 | 18.7% | 74 | 64 |
Long-term rental The property is currently overpriced, making it a less attractive option for long-term rentals with a gross yield of only 3.4%. While the location in rural Algarve offers potential, the 17.6% gap from fair value indicates limited upside for sustainable cash flow. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its 17.6% overvaluation, which diminishes potential capital appreciation. The current condition score of 68/100 and neighborhood rating of 57/100 further suggest limited market appeal for long-term value growth. Vacation rental The vacation rental market is not ideal for this property as its price is above fair value, reducing the potential for profitable seasonal returns. Additionally, the lower condition and neighborhood ratings raise concerns about attracting guests in a competitive tourism market.
Economic Vulnerability The low economic stability score of 50/100 indicates a significant risk of economic downturns affecting property values and rental income stability.
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
