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: Features a separate 30 m² annex ideal for storage or guest accommodation, and has an existing water connection from the company along with a functional tank.
The valuation. The asking price of €150,000 is significantly below the fair value of €618,708, indicating an undervalued investment by €468,708 (312.5%). This presents an attractive opportunity for prospective buyers.
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 €503,580 (€3,597/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. Full condition report →
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. Full location report →
Alte, Loulé, Faro
Area baseline €503,580 + 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.
Short-term vacation rental This property offers significant potential for short-term vacation rentals given the strong tourism market in the Algarve region, which can capitalize on higher seasonal demand. With a fair value of €618,708, the current listing at €150,000 presents an exceptional opportunity for investors seeking profitable rental income. Buy-and-hold Acquiring this property at its listing price of €150,000 allows for a strategic buy-and-hold investment, as the substantial gap to the fair value indicates strong future appreciation potential. Given the neighborhood's decent quality score of 63/100, it could attract stable tenants in the long run when conditions improve. Value-add renovation With a current condition score of only 35/100, this property represents a prime candidate for value-add renovations, enabling investors to increase its market price significantly. By investing in improvements, there is the potential to enhance both the property's appeal and its fair value, thus maximizing returns on investment.
Economic Vulnerability The economic stability score of 55/100 indicates potential susceptibility to market downturns, which could negatively impact rental income and property value.
