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, 1-bathroom house of 75 m², built in 1992, energy rating D. Located União das Freguesias de Querença, Tôr e Benafim parish, Loulé municipality, Faro district. Noteworthy Features: The property includes a legalisation process for an ongoing extension, effectively doubling the living space from 75m² to a potential 150m², enhancing its value and utility.
The valuation. The asking price of €570,000 stands at €241,053 (73.3%) above the fair value of €328,947, indicating the property is overpriced. A detailed analysis reveals significant discrepancies between listing and realistic market expectations.
Fair value modelled at €328,947 from 6 comparable sales in the area. Asking €570,000 sits €241,053 (73.3%) above — overpriced versus fair value.
Asking €570,000 versus the União das Freguesias de Querença, Tôr e Benafim, Loulé, Faro area baseline of €345,393 (€4,605/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €345,393, adjusted for condition and micro-location, gives a modelled fair value of €328,947 (€4,386/m²), a €241,053 (73.3%) gap versus the €570,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| União das Freguesias de Querença, Tôr e Benafim · 07fd55 | Subject | €570,000 | €7,600 | — | 65 | 58 |
| São Brás de Alportel · 3a70d5 | Active | €475,000 | €4,167 | 45.2% | 70 | 53 |
| São Brás de Alportel · 4d4217 | Active | €525,000 | €3,182 | 58.1% | 76 | 53 |
| Loulé (São Clemente) · 4390e2 | Active | €795,000 | €5,300 | 30.3% | — | 62 |
| Loulé (São Clemente) · dbd4b8 | Active | €875,000 | €4,605 | 39.4% | — | 62 |
| Median comp | €660,000 | €4,386 | 42.3% | 73 | 58 |
Short-term vacation rental The property is not a viable option for short-term vacation rentals given its overvaluation of 73.3% above fair value, which limits potential returns. As the gross yield sits at 0%, this strategy lacks financial justification in the current market conditions. Buy-and-hold Investing in this property under a buy-and-hold strategy is unfavorable due to its significant overpricing and a fair value substantially lower than the listing price. With a neighbourhood quality rating of only 58/100, the long-term appreciation prospects appear bleak. Value-add renovation Although value-add renovation strategies can enhance a property’s appeal, the excessive listing price reduces the likelihood of recouping renovation costs effectively. The current condition rating of 70/100 suggests only minor improvements are needed, which may not justify the high entry cost of €570,000.
Economic Vulnerability The property faces a heightened risk due to an economic stability score of 50/100, indicating potential challenges in the local market's performance and growth. Tenant Instability With a tenant stability score of 60/100, there may be fluctuations in occupancy rates and possible turnover issues that could affect income consistency.
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