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 122 m², built in 1951, energy rating A. Located on rua João Bentes Castel Branco, 23, Lagoa e Carvoeiro parish, Lagoa municipality, Faro district. The property features a beautifully designed rooftop terrace that provides stunning sunset views, making it an exceptional space for outdoor dining and relaxation.
The valuation. The asking price of €399,000 sits 5.7% above the fair value of €377,588, indicating a minor premium. This property is reasonably priced, aligning well with current market assessments.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua João Bentes Castel Branco, 23 | Subject | €399,000 | €3,270 | — | — | 64 |
| Lagoa e Carvoeiro · 1f35d7 | Active | €425,000 | €3,269 | 0% | — | 65 |
| Lagoa e Carvoeiro · 2fcd7e | Active | €575,000 | €2,396 | 26.7% | 68 | 72 |
| Lagoa e Carvoeiro · f5eb90 | Active | €1,250,000 | €4,417 | 35.1% | 75 | 73 |
| Lagoa e Carvoeiro · a6d4b5 | Active | €239,500 | €2,921 | 10.7% | 80 | 70 |
| Median comp | €500,000 | €3,095 | 5.4% | 75 | 71 |
Short-term vacation rental The property presents a fair investment opportunity with a gross yield of 6%, making it competitive within the tourist-driven market of Lagoa e Carvoeiro. However, considering its current condition rating of 0/100, investors may face challenges in attracting vacation renters without immediate renovations. Long-term rental Given the stable demand from residents in tourist regions, this property could serve as a fair option for long-term rental investments, benefiting from the Algarve's seasonal tourist influx. The neighborhood score of 64/100 suggests a decent quality living environment, though it may not maximize rental potential compared to other areas. Buy-and-hold Holding onto this property aligns with a balanced investment approach given the fair valuation and yield of 6%. However, the home’s dismal condition might hinder its appreciation in value over time, making it essential for investors to consider potential long-term maintenance costs.
Economic and Tenant Stability Risk: With both economic stability and tenant stability scores at 60/100, there is a moderate risk of fluctuating rental income and potential vacancy challenges affecting long-term profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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