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.
4-bedroom, 0-bathroom house of 140 m², built in 1937. Located Alte parish, Loulé municipality, Faro district. Noteworthy Features: The property includes a 30 m² annex and an additional water tank, enhancing its potential for renovation and outdoor development.
The valuation. The asking price of €150,000 is significantly below the fair value of €442,266, representing a 194.8% difference. This indicates the property is underpriced and presents a unique investment opportunity.
Fair value modelled at €442,266 from the area baseline, adjusted for condition and location. Asking €150,000 sits €292,266 (194.8%) below — the upside to fair value.
Asking €150,000 versus the Alte, Loulé, Faro area baseline of €227,920 (€1,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 35/100 (Condition 30 · Materials 35 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Alte, Loulé, Faro
Area baseline €227,920 + condition -€87,500 + location +€26,186 = modelled fair value of €442,266 (€3,159/m²), a €292,266 (194.8%) gap versus the €150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alte · dbd4c6 | Subject | €150,000 | €1,071 | — | 30 | 63 |
| Alte · 1e605c | Active | €300,000 | €690 | 35.6% | 24 | 63 |
| rua de Pedreiras | Active | €260,000 | €867 | 19.1% | 30 | 66 |
| Salir · 4a7e44 | Active | €395,000 | €1,282 | 19.7% | 35 | 58 |
| Alte · ba3ddc | Active | €225,000 | €1,758 | 64.1% | — | 69 |
| Median comp | €280,000 | €1,075 | 0.3% | 30 | 65 |
Short-term vacation rental The property offers significant potential for short-term vacation rentals, especially given its location in the Algarve, a popular tourist destination. An acquisition at €150,000 presents a considerable opportunity for capital appreciation, as the fair value of €442,266 indicates a substantial gap of 194.8%. Buy-and-hold Acquiring this property for a buy-and-hold strategy is appealing since it is currently subvalued, with a fair value nearly three times the purchase price. The property’s gradual appreciation over time, driven by the desirability of the Algarve region, can lead to significant long-term gains. Value-add renovation This property is ripe for value-add renovation, which can enhance its condition score of 35/100 and potentially unlock additional value that aligns closer to its fair value. Given the current pricing, strategic improvements can maximize profitability and leverage the existing demand in the neighborhood for upgraded accommodations.
Economic Vulnerability The property has a moderate economic stability score of 55/100, indicating potential risks in market fluctuations that could affect tenant retention and rental income stability.
