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, 2-bathroom house of 174 m², built in 2003, energy rating C. Located Moncarapacho e Fuseta parish, Olhão municipality, Faro district. Location: This property features a private master suite with a dressing area and exclusive terrace, offering unobstructed views and a serene retreat within the home. Outdoor Spaces: Enjoy a fenced, low-maintenance garden with an automatic irrigation system and an integrated barbecue area, perfect for entertaining. Interior Layout: Highlights include a spacious living room with a fireplace and a newly renovated kitchen, seamlessly connecting to outdoor dining spaces with distant sea views.
The valuation. The asking price of €595,000 significantly exceeds the fair value of €349,429, creating a disparity of €245,571 (41.3%). This property is overpriced based on current market assessments.
Fair value modelled at €349,429 from the area baseline, adjusted for condition and location. Asking €595,000 sits €245,571 (41.3%) above — overpriced versus fair value.
Asking €595,000 versus the Moncarapacho e Fuseta, Olhão, Faro area baseline of €323,640 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 59/100 (Housing Market 60 · Amenities 60 · Economic 45 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Moncarapacho e Fuseta, Olhão, Faro
Area baseline €323,640 + condition +€14,138 + location +€11,651 = modelled fair value of €349,429 (€2,008/m²), a €245,571 (41.3%) gap versus the €595,000 asking price.
Short-term vacation rental The property is overpriced with a listing price of €595,000, significantly higher than the fair value of €349,429, resulting in a gap of 41.3%. With a gross yield of only 3.6%, this investment lacks the attractiveness needed for short-term vacation rental success in a market reliant on seasonal tourist traffic. Long-term rental Given the current listing price, this property is not an ideal candidate for long-term rental as the fair value is €349,429, reflecting a substantial overpricing. The 3.6% gross yield signals a disappointing return compared to the market expectations for long-term rental investments in the area. Buy-and-hold Acquiring this property as a buy-and-hold investment is discouraged due to its listing price of €595,000, which is 41.3% above the fair value of €349,429. The current yield of 3.6% does not align with the potential returns necessary for a sustainable long-term strategy in a region facing seasonal employment fluctuations due to tourism.
Economic Vulnerability Given an economic stability score of 45/100, there is a significant risk that adverse economic conditions could lead to lower demand and potential decreases in rental income or property value.