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.
0-bedroom, 2-bathroom mix_use_building of 224 m², built in 1986, energy rating E. Located Montenegro parish, Faro municipality, Faro district. Noteworthy Features: This property includes a large parking area suitable for multiple vehicles, enhancing its appeal for businesses reliant on customer access and convenient rentals.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate. This uncertainty makes it difficult to determine a precise market value for the property.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montenegro · 1bc304 | Subject | €650,000 | €2,902 | — | — | 67 |
| Faro (Sé e São Pedro) · 5ecf29 | Active | €1,300,000 | €2,653 | 8.6% | — | 71 |
| Faro (Sé e São Pedro) · 60331d | Active | €3,050,000 | €3,359 | 15.8% | 68 | 70 |
| Faro (Sé e São Pedro) · 603322 | Active | €1,290,000 | €2,638 | 9.1% | 79 | 64 |
| rua do Compromisso | Active | €350,000 | €933 | 67.8% | — | 73 |
| Median comp | €1,295,000 | €2,646 | 8.8% | 74 | 71 |
Short-term vacation rental The property’s proximity to the tourist-centric Algarve region positions it as an attractive option for short-term vacation rentals, which typically see high demand during peak seasons. Given the local economic activities are mainly tourism-oriented, this strategy could capitalize on a lucrative market opportunity, especially in a neighbourhood that rates a solid 67/100. Buy-and-hold Investing in this property for a buy-and-hold strategy could provide long-term value appreciation, particularly as the neighbourhood’s amenities support a growing tourism economy. The current condition of 0/100 suggests significant redevelopment potential, enabling future gains as the area continues to develop. Family rental While the property does not excel in condition, its location in the Algarve with ample local amenities makes it a viable option for family rentals, especially for those looking to live in a tourist-friendly community. The neighbourhood score of 67/100 also indicates a reasonably attractive living environment for families, providing a good foundation for long-term tenants.
Economic vulnerability With an economic stability score of 55/100, there is a significant risk of market fluctuations adversely affecting property value and tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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