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, 3-bathroom apartment of 200 m², built in 2000. Located Porches parish, Lagoa municipality, Faro district. This apartment features expansive double-glazed windows that frame breathtaking panoramic sea views, enhancing the natural light and connection to the coastal environment.
The asking price of €855,000 is significantly above our fair value estimate of €500,000, indicating an overvaluation. The estimated gross yield stands at 5.5%, reflective of potential revenue generation before costs and vacancy issues.
The asking price is above the fair value. The fair value is derived from a combination of the Transaction model, using real transaction data from 59 sales in Porches, and the Adjusted asking-price model based on current listings, each contributing 50%. No conservative adjustments were necessary for this property, leading to a fair value of €500,000. With the asking price set at €855,000, this figure exceeds the fair value by €355,000, reflecting a 41.6% downside. The confidence level in this assessment is high.
Gross yield 5.6% (before costs)
No specific strategy stands out for this property.
When assessing this property, investors should consider the significant difference between the asking price of €855,000 and its fair value of €500,000, indicating a 41.6% downside versus the asking price. Additionally, the property's condition is rated at 76 out of 100, suggesting that while it may need some attention, it is relatively well-maintained. The neighborhood score of 50 out of 100 indicates mixed desirability, which could impact future value appreciation.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant instability risk With both economic stability and tenant stability scores at 50/100, there is a significant risk of fluctuating demand and potential short falls in rental income.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
