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, 1-bathroom house of 171 m², built in 1950. Located on autoestrada EM516-2, Moncarapacho e Fuseta parish, Olhão municipality, Faro district. This property boasts an expansive 10,800 m² lot with productive fruit trees and the potential to convert an existing water tank into a swimming pool for leisure.
The valuation. The asking price of €600,000 is significantly above the fair value of €193,970, reflecting a disparity of €406,030 (67.7%). This property is considered overpriced and does not represent a good investment opportunity.
Fair value modelled at €193,970 from the area baseline, adjusted for condition and location. Asking €600,000 sits €406,030 (67.7%) above — overpriced versus fair value.
Asking €600,000 versus the autoestrada EM516-2 area baseline of €318,060 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 26/100 (Condition 18 · Materials 30 · Room dimensions 35). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 56/100 (Housing Market 55 · Amenities 55 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
autoestrada EM516-2
Area baseline €318,060 + condition -€131,723 + location +€7,633 = modelled fair value of €193,970 (€1,134/m²), a €406,030 (67.7%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada EM516-2 | Subject | €600,000 | €3,509 | — | 18 | 56 |
| Moncarapacho e Fuseta · 6d52ac | Active | €700,000 | €4,118 | 17.4% | 22 | 66 |
| Luz de Tavira e Santo Estévão · 00185b | Active | €675,000 | €3,649 | 4.0% | 15 | 53 |
| rua das Olarias, 70N | Active | €500,000 | €3,846 | 9.6% | 25 | 62 |
| Moncarapacho e Fuseta · dbd469 | Active | €495,000 | €4,420 | 26.0% | 58 | 55 |
| Median comp | €587,500 | €3,982 | 13.5% | 24 | 59 |
Short-term vacation rental The property’s gross yield of 3.6% indicates a moderate return potential that is unlikely to attract significant short-term vacation rental demand given its 67.7% gap from fair value. With a low condition rating of 26/100 and a neighborhood score of 56/100, the property may struggle to attract tourists, impacting overall occupancy rates. Buy-and-hold Given the substantial 67.7% gap between the listing price and fair value, this property represents an overpriced buy-and-hold opportunity with little expectation of value appreciation. The current rental yield of 3.6% does not justify the price, especially when considering the poor condition and average neighborhood quality. Family rental While the property is in an area with some appeal due to its proximity to Algarve, the 67.7% gap from fair value indicates that it is overpriced for long-term family rental purposes. A gross yield of only 3.6% and a low condition score suggest that potential tenants may be deterred, limiting rental demand. Not ideal for: Student housing, Luxury market, High-density urban investment The combination of poor property condition and inflated price makes it unsuitable for segments like student housing or the luxury market, which seek quality and value. Additionally, the lack of urban density reduces attractiveness for high-density urban investments in the region.
Economic Instability The economic stability score of 45/100 indicates a high risk of economic downturn affecting rental income and property value.
