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 163 m², built in 2003, energy rating C. Located Moncarapacho e Fuseta parish, Olhão municipality, Faro district. Noteworthy Features: This property features an outdoor kitchen with an integrated barbecue and breathtaking sea views from the patio, enhancing its appeal for entertaining in the Algarve's climate.
The valuation. The asking price of €595,000 is significantly above the fair value of €334,736, representing an overvaluation of €260,264 (43.7%). This property cannot be considered a good investment at its current price point.
Fair value modelled at €334,736 from the area baseline, adjusted for condition and location. Asking €595,000 sits €260,264 (43.7%) above — overpriced versus fair value.
Asking €595,000 versus the Moncarapacho e Fuseta, Olhão, Faro area baseline of €303,180 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 83 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 63/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Moncarapacho e Fuseta, Olhão, Faro
Area baseline €303,180 + condition +€15,791 + location +€15,765 = modelled fair value of €334,736 (€2,054/m²), a €260,264 (43.7%) gap versus the €595,000 asking price.
Short-term vacation rental This property, listed at €595,000, is significantly overpriced by 43.7% compared to its fair value of €334,736, which diminishes its potential as a viable investment in the competitive short-term rental market. Despite its proximity to the tourist-friendly Algarve coast, the 3.8% gross yield does not justify the excessive acquisition cost in a landscape heavily reliant on tourism. Long-term rental The high listing price of €595,000 suggests that this property is overpriced by 43.7%, which severely limits its attractiveness for long-term rental options that typically thrive in economically stable environments. With a yield of only 3.8%, the financial return does not align with the significant investment required, making it a less favorable choice for long-term tenancy. Not ideal for student housing Priced at €595,000 and classified as overpriced, this property is not suitable for student housing due to its high acquisition cost relative to the fair value. The limited yield and the current condition of the property further reinforce its unsuitability for attracting a steady stream of student tenants.
Tenant turnover risk With both economic stability and tenant stability scores at 60/100, there's a potential risk of high tenant turnover, which may lead to increased vacancy rates and costs associated with frequent leasing changes.
