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 country_house of 91 m². Located on rua Nova S / N, Marmelete parish, Monchique municipality, Faro district. This property includes a lower terrace with a water mine, enhancing its authenticity and potential for sustainable landscaping or aquaculture projects amidst Algarve's natural beauty.
The valuation. The asking price of €330,000 is significantly above the fair value of €253,375, suggesting the property is overpriced by €76,625 or 23.2%. This discrepancy warrants caution for potential investors. Buy-to-flip angle. Given the current condition rating of 52/100, a buy-to-flip strategy could involve renovations to appeal to buyers, though the residential market may limit quick resale opportunities. Buy-to-let angle. With no estimated monthly rental income and a gross yield of 0%, a buy-to-let strategy may be risky, especially in a neighborhood dependent on seasonal tourism.
Fair value modelled at €253,375 from the area baseline, adjusted for condition and location. Asking €330,000 sits €76,625 (23.2%) above — overpriced versus fair value.
Asking €330,000 versus the rua Nova S / N area baseline of €141,960 (€1,560/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 (Condition 45 · Materials 60 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 65 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Nova S / N
Area baseline €141,960 + condition -€32,703 + location +€15,171 = modelled fair value of €253,375 (€2,784/m²), a €76,625 (23.2%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nova S / N | Subject | €330,000 | €3,626 | — | 45 | 64 |
| Marmelete · dee3f5 | Active | €180,000 | €3,600 | 0.7% | 70 | 68 |
| Marmelete · 90d980 | Active | €365,000 | €3,925 | 8.2% | — | 70 |
| Marmelete · 6d52dd | Active | €365,000 | €3,925 | 8.2% | 68 | 64 |
| Marmelete · ba3cbd | Active | €230,000 | €2,054 | 43.4% | 30 | 65 |
| Median comp | €297,500 | €3,763 | 3.8% | 68 | 67 |
Short-term vacation rental The property is priced at €330,000, significantly above its fair value of €253,375, indicating it is overpriced for the short-term rental market. With a gross yield of 0%, the potential income from vacation rentals does not justify the current pricing. Buy-and-hold Given that the property is priced above fair value, holding onto it for potential appreciation seems unrealistic in the current market conditions. The underwhelming condition rating of 52/100 further complicates its appeal as a long-term investment strategy. Long-term rental As rental yields are non-existent and the property is overpriced, pursuing a long-term rental strategy is likely to be unprofitable. Additionally, the neighborhood rating of 64/100 does not provide enough incentive to consider this property a viable option for consistent rental income.
Economic Vulnerability The economic stability score of 55/100 suggests a moderate risk of fluctuating market conditions impacting rental income and property value negatively. Tenant Stability Risk With a tenant stability score of 60/100, there is a potential concern regarding tenant turnover and possible vacancy periods which could further strain cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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