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, 2-bathroom house of 99 m², energy rating F. Located on autoestrada N2, 13, Conceição e Estoi parish, Faro municipality, Faro district. Noteworthy features: The property includes a 32m² annex with project potential for a studio, and a garden that offers ample space for outdoor activities and landscaping. Condition notes: While the interior boasts luxury finishes, the exterior shows signs of deferred maintenance with wall staining and a cracked driveway.
The valuation. The asking price of €390,000 sits €15,000 (3.7%) below the fair value of €405,000, indicating it is priced fairly for the current market conditions.
Fair value modelled at €405,000 from 6 comparable sales in the area. Asking €390,000 sits €15,000 (3.7%) below — the upside to fair value.
Asking €390,000 versus the autoestrada N2, 13 area baseline of €334,339 (€3,377/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting 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 €334,339, adjusted for condition and micro-location, gives a modelled fair value of €405,000 (€4,091/m²), a €15,000 (3.7%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada N2, 13 | Subject | €390,000 | €3,939 | — | 79 | 69 |
| Conceição e Estoi · 6c7a7a | Active | €990,000 | €4,091 | 3.8% | 75 | 58 |
| Conceição e Estoi · ba5ad8 | Active | €990,000 | €4,091 | 3.8% | 76 | 58 |
| largo Ossónoba, 14 | Active | €295,000 | €4,214 | 7.0% | 72 | 68 |
| Conceição e Estoi · f10a29 | Active | €650,000 | €2,510 | 36.3% | 73 | 60 |
| Median comp | €820,000 | €4,091 | 3.8% | 74 | 59 |
Short-term vacation rental The property in Conceição e Estoi, priced at €390,000, holds a fair value of €405,000, indicating a minor gap of 3.7%. With a gross yield of 4.9%, it has the potential for steady income in a prime tourist region like Algarve, though it has limited appeal for high-end luxury rentals. Buy-and-hold This investment presents a fair valuation with a price close to its market value, making it a stable option for long-term appreciation in a desirable area. Despite the positive condition score of 79/100, the modest gap to fair value suggests that significant short-term gains may be unlikely. Family rental Acquiring this property as a family rental is reasonable given the fair valuation of €390,000, which is only 3.7% below its fair market value. The neighborhood's rating of 69/100 reflects decent living conditions, making it a suitable choice for families despite the lower yield potential compared to vacation rentals.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of localized economic downturns affecting rental income and property value.
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