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.
7-bedroom, 7-bathroom house of 237 m², built in 1997, energy rating B. Located on rua Manuel Pais Medina, Montenegro parish, Faro municipality, Faro district. The property boasts a private terrace adjacent to the kitchen, featuring a heated pool, offering a luxurious outdoor space for relaxation and entertainment.
The valuation. The asking price is set at €1,390,000, which is €16,571 (1.2%) above the fair value of €1,373,429. This property is considered fairly valued based on its unique features and location.
Fair value modelled at €1,373,429 from 6 comparable sales in the area. Asking €1,390,000 sits €16,571 (1.2%) above — overpriced versus fair value.
Asking €1,390,000 versus the rua Manuel Pais Medina area baseline of €1,336,975 (€5,641/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €1,336,975, adjusted for condition and micro-location, gives a modelled fair value of €1,373,429 (€5,795/m²), a €16,571 (1.2%) gap versus the €1,390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Pais Medina | Subject | €1,390,000 | €5,865 | — | 82 | 63 |
| Montenegro · 4201c3 | Active | €1,500,000 | €5,882 | 0.3% | 75 | 70 |
| Montenegro · 2620bc | Active | €1,500,000 | €5,882 | 0.3% | 80 | 63 |
| Montenegro · e83564 | Active | €995,000 | €4,146 | 29.3% | 72 | 72 |
| rua Duarte Lopes, 28 | Active | €2,500,000 | €5,708 | 2.7% | 85 | 63 |
| Median comp | €1,500,000 | €5,795 | 1.2% | 78 | 67 |
Short-term vacation rental This property’s location near popular Algarve tourist spots makes it a viable option for short-term vacation rentals, but the low yield of 0% indicates that it may not generate immediate returns. Additionally, seasonal tourism can lead to fluctuations in income, impacting overall profitability, yet the fair valuation suggests it is appropriately priced for potential short-term rental success. Long-term rental Given its fair value status, this property can serve as a long-term rental investment, although the yield of 0% suggests limited cash flow potential. While the neighbourhood's rating of 63/100 hints at average tenant quality, it may not attract strong demand in a competitive rental market. Buy-and-hold Investing in this property with a buy-and-hold strategy appears reasonable, as it is fairly priced at €1,390,000 with a slight gap to fair value of 1.2%. However, with a current yield of 0% and a neighbourhood score of 63/100, long-term appreciation may hinge on market improvements and enhanced tenant demand over time.
Economic Volatility Risk The property faces a risk due to a low economic stability score of 50/100, which may lead to fluctuations in rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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