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, 4-bathroom house of 144 m², energy rating B. Located Montenegro parish, Faro municipality, Faro district. Noteworthy Features: This property boasts a high-quality stone cladding exterior and a luxurious bathroom featuring a jetted tub with a stylish glass enclosure.
The valuation. The asking price of €750,000 sits approximately 19.7% above fair value, which is assessed at €626,519, indicating the property is overpriced by €123,481.
Fair value modelled at €626,519 from 5 comparable sales in the area. Asking €750,000 sits €123,481 (19.7%) above — overpriced versus fair value.
Asking €750,000 versus the Montenegro, Faro, Faro area baseline of €641,982 (€4,458/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €641,982, adjusted for condition and micro-location, gives a modelled fair value of €626,519 (€4,351/m²), a €123,481 (19.7%) gap versus the €750,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Montenegro · c121fd | Subject | €750,000 | €5,208 | — | 66 | 62 |
| Montenegro · 2cde93 | Active | €797,000 | €5,535 | 6.3% | 62 | 70 |
| rua Veríssimo de Almeida | Active | €550,000 | €3,793 | 27.2% | 75 | 71 |
| Montenegro · 51b494 | Active | €787,500 | €4,351 | 16.5% | 68 | 52 |
| Montenegro · 51cbaf | Active | €820,000 | €6,212 | 19.3% | 88 | 73 |
| Median comp | €792,250 | €4,943 | 5.1% | 72 | 71 |
Long-term rental The property’s gross yield of 2.7% suggests limited income potential for long-term rental, especially given its gap from fair value at 19.7%. With a condition rating of 70/100 and neighborhood score of 62/100, it may struggle to attract quality tenants in a seasonal economy. Short-term vacation rental The property, although located in a tourist area, is overpriced at €750,000 compared to its fair value of €626,519, resulting in a potentially low return on investment. The seasonal economy and the property’s moderate condition ratings indicate that generating reliable short-term rental income could prove challenging. Not ideal for student housing Given the high listing price of €750,000, which exceeds the fair value, this property is unlikely to yield positive returns in the student housing market. Additionally, the local market conditions and the property’s neighborhood rating suggest it would not be appealing to student tenants.
Economic Vulnerability The economic stability score of 50/100 indicates a significant risk of economic downturns affecting property value 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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