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, 1-bathroom house of 132 m², energy rating F. Located Salir parish, Loulé municipality, Faro district. Noteworthy Features: The property includes a spacious 1340 m² lot with several fruit trees, offering substantial outdoor space and potential for renovation and tourism development opportunities.
The valuation. The asking price of €140,000 sits significantly below the fair value of €290,660, making this property underpriced by €150,660 (51.8%). The favorable valuation presents an attractive opportunity for buyers seeking value in Salir.
Fair value modelled at €290,660 from 6 comparable sales in the area. Asking €140,000 sits €150,660 (51.8%) below — the upside to fair value.
Asking €140,000 versus the Salir, Loulé, Faro area baseline of €312,024 (€2,364/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 15/100 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 €312,024, adjusted for condition and micro-location, gives a modelled fair value of €290,660 (€2,202/m²), a €150,660 (51.8%) gap versus the €140,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Salir · 57f605 | Subject | €140,000 | €1,061 | — | 14 | 65 |
| Salir · 4a7e44 | Active | €395,000 | €1,282 | 20.9% | 35 | 58 |
| Salir · 6270e3 | Active | €300,000 | €2,632 | 148.1% | 20 | 63 |
| Salir · 023842 | Active | €218,000 | €1,772 | 67.1% | 45 | 58 |
| rua do Castelo | Active | €245,000 | €992 | 6.5% | 15 | 67 |
| Median comp | €272,500 | €1,527 | 44.0% | 28 | 61 |
Long-term rental Given the significant gap of 51.8% between the listing price of €140,000 and the fair value of €290,660, this property presents an excellent opportunity for long-term rental investment. With a robust gross yield of 9.9%, this asset is positioned to generate strong cash flow while benefiting from the high housing demand in the Coastal Algarve region. Short-term vacation rental The property’s location in the tourism-driven Coastal Algarve region suggests strong potential for short-term vacation rentals, further underlined by its significant fair value gap. With a 9.9% gross yield, this investment could capitalize on peak tourist seasons, maximizing returns sharply compared to traditional rental scenarios. Buy-and-hold Acquiring this property below its fair value offers a compelling buy-and-hold strategy, particularly in a neighbourhood that scores 65/100 for its livability. As property values are expected to appreciate in the tourism-reliant area, holding onto this asset could yield substantial long-term capital gains. Not ideal for student housing While there is a market for housing in the area, the property is not suitable for student housing due to its size and the overall condition rating of 15/100, which may deter the student demographic. Focused investment strategies should favor sectors more aligned with the property’s strengths in the holiday rental market. Not ideal for luxury market The current condition of the property, with a low score of 15/100, indicates that it is not suitable for the luxury market, which seeks high-end amenities and finishes. Investors should instead target value-conscious segments that appreciate affordability and potential for improvement.
Economic Vulnerability The property faces a risk due to its economic stability score of 65/100, indicating potential fluctuations in local market conditions that could affect rental income and property value. Tenant Instability With a tenant stability score of 60/100, there is a heightened risk of tenant turnover, which can lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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