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, 1-bathroom house of 108 m², energy rating F. Located Moncarapacho e Fuseta parish, Olhão municipality, Faro district. This property boasts extensive agricultural potential with access to multiple water sources, including two wells and dam water, ideal for various cultivation projects on 50,000 m² of land.
The valuation. The asking price of €485,000 is significantly above the fair value of €120,120, marking a discrepancy of €364,880, or 75.2%. This property is currently overpriced.
Fair value modelled at €120,120 from the area baseline, adjusted for condition and location. Asking €485,000 sits €364,880 (75.2%) above — overpriced versus fair value.
Asking €485,000 versus the Moncarapacho e Fuseta, Olhão, Faro area baseline of €297,324 (€2,753/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 20/100 (Condition 18 · Materials 15 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 75 · Amenities 60 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Moncarapacho e Fuseta, Olhão, Faro
Area baseline €297,324 + condition -€92,813 + location +€12,053 = modelled fair value of €120,120 (€1,112/m²), a €364,880 (75.2%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Moncarapacho e Fuseta · 93742b | Subject | €485,000 | €4,491 | — | 18 | 65 |
| rua das Olarias, 70N | Active | €500,000 | €3,846 | 14.4% | 25 | 62 |
| Moncarapacho e Fuseta · 96c413 | Active | €850,000 | €5,782 | 28.8% | 65 | 67 |
| rua Pereiro, 1 | Active | €499,000 | €1,996 | 55.6% | — | 68 |
| Moncarapacho e Fuseta · cfdc40 | Active | €150,000 | €938 | 79.1% | 12 | 62 |
| Median comp | €499,500 | €2,921 | 35.0% | 25 | 65 |
Short-term vacation rental The property is overpriced at €485,000, especially given its fair value of just €120,120, leading to a significant gap of 75.2%. With a gross yield of only 2.3%, it may struggle to provide the financial returns typically associated with vacation rentals. Buy-and-hold Despite its proximity to the popular Algarve coast, the property is overpriced compared to its fair market value, suggesting an overestimation of future appreciation. The low yield of 2.3% and a mediocre condition rating of 20 out of 100 further indicate that this investment lacks the potential for long-term wealth accumulation. Family rental The listing price of €485,000 far exceeds the fair value of €120,120, leaving investors facing a notable price disparity of 75.2%. With the property’s condition rated at just 20 out of 100, it is unlikely to attract quality tenants in the family rental market, reducing its rental viability. Not ideal for: Student housing, Luxury market
Economic Dependence Risk: With an economic stability score of 60/100, there is a significant risk that fluctuations in the local economy could impact property value and rental income.
