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, 1-bathroom house of 182 m², built in 1990, energy rating D. Located on rua Julio Dinis, 7, Montenegro parish, Faro municipality, Faro district. Outdoor Area: The property boasts a spacious outdoor area complete with a barbecue zone, ideal for family gatherings and summer entertainment, enhancing the overall living experience.
The valuation. The asking price of €796,000 is slightly above the fair value of €774,179, resulting in a premium of €21,821 (2.8%). This property is fairly priced, reflecting its high-quality materials and appealing aesthetics.
Fair value modelled at €774,179 from 6 comparable sales in the area. Asking €796,000 sits €21,821 (2.8%) above — overpriced versus fair value.
Asking €796,000 versus the rua Julio Dinis, 7 area baseline of €776,936 (€4,269/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €776,936, adjusted for condition and micro-location, gives a modelled fair value of €774,179 (€4,254/m²), a €21,821 (2.8%) gap versus the €796,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Julio Dinis, 7 | Subject | €796,000 | €4,374 | — | 75 | 70 |
| Faro (Sé e São Pedro) · 3df528 | Active | €450,000 | €5,625 | 28.6% | 75 | 52 |
| Faro (Sé e São Pedro) · 19f676 | Active | €290,000 | €5,179 | 18.4% | 65 | 58 |
| Montenegro · 3d98bf | Active | €749,000 | €3,329 | 23.9% | 77 | 65 |
| Faro (Sé e São Pedro) · 49b840 | Active | €698,000 | €6,648 | 52.0% | 75 | 69 |
| Median comp | €574,000 | €5,402 | 23.5% | 75 | 62 |
Short-term vacation rental The property's position in a high-tourism area supports its use as a short-term vacation rental, but the yield of 3.1% indicates limited profitability potential. Given the fair value determination, returns may not be competitive enough against other investment opportunities. Buy-and-hold As a buy-and-hold investment, this property can provide steady appreciation over time, benefiting from the area's tourist appeal. However, with a slight gap of 2.8% from fair value, the investment lacks significant immediate upside. Family rental Though it holds potential as a family rental in a neighborhood with a decent condition and stable crime rates, the property is valued fairly without much room for appreciation. The limited yield of 3.1% suggests that it may lack the long-term financial incentives for a sustained family-oriented rental strategy.
Economic and Tenant Instability Risk: With both economic stability and tenant stability scores at 60/100, there is a significant risk of fluctuating income and potential vacancy, which could adversely affect cash flow and overall investment performance.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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