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.
2-bedroom, 2-bathroom apartment of 157 m², energy rating A. Located Estômbar e Parchal parish, Lagoa municipality, Faro district. The property features a generous 60.25 square meter balcony, ideal for outdoor entertaining with breathtaking views of the mountains and nearby landscapes.
The valuation. The asking price of €470,000 sits slightly below the fair value of €485,783, with a difference of €15,783 (3.2%). This indicates that the property is fairly priced within the current market conditions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Estômbar e Parchal · bf224e | Subject | €470,000 | €2,994 | — | — | 70 |
| rua 16 de Janeiro, 7 | Active | €250,000 | €3,205 | 7.1% | 70 | 73 |
| Estômbar e Parchal · 62721f | Active | €305,000 | €3,211 | 7.2% | 76 | 65 |
| rua da Bela Vista, 1C | Active | €399,000 | €2,347 | 21.6% | 80 | 73 |
| rua Carlos Alberto Correia Ribeiro | Active | €295,000 | €3,430 | 14.6% | 65 | 73 |
| Median comp | €300,000 | €3,208 | 7.2% | 73 | 73 |
Short-term vacation rental Given the lack of gross yield and the property being fairly priced at €470,000 against a fair value of €485,783, this strategy may not be optimal for generating immediate income. The subpar condition (0/100) limits its attractiveness as a vacation rental, despite the appealing Algarve location. Buy-and-hold While the property is fairly priced, the 0% gross yield suggests that it may not meet expectations for long-term appreciation or cash flow. Furthermore, the condition rating of 0/100 indicates significant future investment will be required to enhance its value over time. Family rental Although the property is priced fairly in the context of the local market, its zero gross yield indicates it may not provide an appealing return for long-term family rental use. The neighborhood quality rating of 70/100 suggests a reasonably good living environment, but the substantial condition issues could deter potential tenants looking for a well-maintained home.
Economic Vulnerability The economic stability score of 65/100 suggests potential fluctuations in income and employment, which could impact tenant retention and overall property 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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