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, 2-bathroom house of 78 m², built in 1950, energy rating E. Located on rua do Cemitério, 8, Conceição e Estoi parish, Faro municipality, Faro district. This property features a unique layout that allows for independent rental of two first-floor units, significantly enhancing its investment potential.
The valuation. The asking price of €348,000 sits €28,909 (9.1%) above the fair value of €319,091. Given the valuation verdict, this property is priced fairly based on current market conditions.
Fair value modelled at €319,091 from 6 comparable sales in the area. Asking €348,000 sits €28,909 (9.1%) above — overpriced versus fair value.
Asking €348,000 versus the rua do Cemitério, 8 area baseline of €273,431 (€3,506/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €273,431, adjusted for condition and micro-location, gives a modelled fair value of €319,091 (€4,091/m²), a €28,909 (9.1%) gap versus the €348,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Cemitério, 8 | Subject | €348,000 | €4,462 | — | 68 | 60 |
| Conceição e Estoi · 0015b1 | Active | €875,000 | €4,605 | 3.2% | — | 73 |
| largo Ossónoba, 14 | Active | €295,000 | €4,214 | 5.5% | 72 | 68 |
| autoestrada N2, 13 | Active | €390,000 | €3,939 | 11.7% | 79 | 69 |
| caminho do Telheiro S / N | Active | €880,000 | €3,003 | 32.7% | 63 | 62 |
| Median comp | €632,500 | €4,077 | 8.6% | 72 | 69 |
Short-term vacation rental The property, with a fair value of €319,091, is priced at €348,000, indicating a 9.1% gap, yet its gross yield of 2.7% is not optimal for vacation rentals given the neighborhood's reliance on tourism. Additionally, the relatively isolated location may limit the attractiveness for short-term bookings, making this strategy less favorable. Long-term rental The 2-bed house, while fairly priced at €348,000, offers a modest gross yield of 2.7%, suggesting limited returns for long-term rental investors. The neighborhood score of 60/100 indicates challenges in tenant quality and amenities, which could impact rental income stability. Buy-and-hold With a fair valuation but a weak gross yield of 2.7%, this property presents a reasonable buy-and-hold strategy primarily for those seeking asset appreciation rather than immediate cash flow. Nevertheless, the reliance on tourism and an isolated location may hinder long-term value growth in the property market of Algarve.
Economic Vulnerability The property faces potential economic downturns due to its low economic stability score of 55/100, which could affect tenant demand and rental income.
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