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 327 m², built in 1851, energy rating B. Located on rua do Pe da Cruz, 39, Conceição e Estoi parish, Faro municipality, Faro district. Noteworthy Features: The property showcases original brick barrel vaults and exposed timber beams, providing an authentic historical character, while its dual-use potential as a restaurant enhances investment appeal.
The valuation. The asking price of €750,000 reflects a significant premium of €164,328 (28.1%) over the fair value of €585,672. This property is overpriced given its assessed market value and current condition.
Fair value modelled at €585,672 from 5 comparable sales in the area. Asking €750,000 sits €164,328 (28.1%) above — overpriced versus fair value.
Asking €750,000 versus the rua do Pe da Cruz, 39 area baseline of €432,425 (€1,322/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 is below the parish average, reducing 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 €432,425, adjusted for condition and micro-location, gives a modelled fair value of €585,672 (€1,791/m²), a €164,328 (28.1%) gap versus the €750,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Pe da Cruz, 39 | Subject | €750,000 | €2,294 | — | 55 | 67 |
| rua Visconde de Estoi | Active | €1,600,000 | €1,905 | 17.0% | 72 | 65 |
| rua do Pe da Cruz | Active | €600,000 | €1,791 | 21.9% | 50 | 62 |
| Conceição e Estoi · f46c73 | Active | €350,000 | €1,186 | 48.3% | — | 73 |
| Conceição e Estoi · f3626c | Active | €638,000 | €2,163 | 5.7% | 60 | 60 |
| Median comp | €619,000 | €1,848 | 19.4% | 60 | 64 |
Short-term vacation rental Given the property’s current listing price of €750,000, which is 28.1% above fair value and yields 0% gross, it is unlikely to perform well as a short-term vacation rental. The combination of an overpriced market and a less than ideal condition rating of 63/100 further diminishes its appeal for this strategy. Buy-and-hold At a listing price that is 28.1% over the fair value of €585,672, the property does not present a sound opportunity for a buy-and-hold strategy. Its low yield and average neighborhood rating of 67/100 indicate that long-term appreciation prospects are limited. Long-term rental With a market price that significantly exceeds its fair value, currently set at €750,000, the property lacks the necessary financial justification for long-term rental investment. The absence of rental yield and the modest condition score suggest that it may not attract quality tenants in this category.
Economic Vulnerability The economic stability score of 60/100 indicates potential fluctuations in economic conditions that may affect tenant retention and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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