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, 3-bathroom apartment of 76 m², built in 1937, energy rating B. Located Alcoutim e Pereiro parish, Alcoutim municipality, Faro district. Noteworthy Feature: The expansive attic offers bright, versatile space with a full bathroom, perfect for entertainment, a home office, or additional guest accommodations, enhancing the apartment's value.
The valuation. The asking price of €385,000 significantly exceeds the fair value of €145,064 by €239,936, which represents a 62.3% markup. This property is clearly overpriced for its market conditions.
Fair value modelled at €145,064 from the area baseline, adjusted for condition and location. Asking €385,000 sits €239,936 (62.3%) above — overpriced versus fair value.
Asking €385,000 versus the Alcoutim e Pereiro, Alcoutim, Faro area baseline of €141,360 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 85 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 45/100 (Housing Market 35 · Amenities 40 · Economic 30 · Tenant Quality 55). Softer demand indicators apply a discount to baseline.
Alcoutim e Pereiro, Alcoutim, Faro
Area baseline €141,360 + condition +€6,531 + location -€2,827 = modelled fair value of €145,064 (€1,909/m²), a €239,936 (62.3%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcoutim e Pereiro · cfe1d8 | Subject | €385,000 | €5,066 | — | 80 | 45 |
| Alcoutim e Pereiro · 735486 | Active | €385,000 | €4,231 | 16.5% | 78 | 47 |
| Alcoutim e Pereiro · 735482 | Active | €365,000 | €4,803 | 5.2% | 78 | 38 |
| Alcoutim e Pereiro · 389e65 | Active | €360,000 | €4,138 | 18.3% | — | 36 |
| Alcoutim e Pereiro · 6fbd9f | Active | €385,000 | €4,231 | 16.5% | 78 | 48 |
| Median comp | €375,000 | €4,231 | 16.5% | 78 | 43 |
Long-term rental This property is overpriced with a significant gap of 62.3% from its fair value, making it a less attractive option for long-term rental investors. The 0% gross yield and a neighborhood rating of 45/100 further diminish its appeal for sustained rental income. Family rental Given its condition rating of 81/100, the property might seem initially appealing for family rentals; however, the 62.3% gap from fair value indicates it's overpriced. Additionally, a neighborhood rating of 45/100 suggests limited amenities and tenant quality, which can hinder its attractiveness for family tenants.
High Economic Risk The property is at risk due to a low economic stability score of 30/100, indicating potential difficulties in sustaining rental income.
