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 apartment of 76 m², energy rating A. Located Alcoutim e Pereiro parish, Alcoutim municipality, Faro district. Noteworthy Features: The apartment boasts two independent entrances, enhancing privacy and accessibility, and an outdoor area equipped with a counter and sink, perfect for outdoor entertaining. Additional Features: Fully equipped kitchen, air conditioning in all rooms, and double-glazed windows contribute to modern comfort.
The valuation. The asking price of €365,000 is significantly above the fair value of €140,750, making it overpriced by €224,250 (61.4%). This discrepancy suggests a cautionary approach before any potential investment.
Fair value modelled at €140,750 from the area baseline, adjusted for condition and location. Asking €365,000 sits €224,250 (61.4%) above — overpriced versus fair value.
Asking €365,000 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 80/100 (Condition 78 · Materials 83 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 38/100 (Housing Market 30 · Amenities 35 · Economic 30 · Tenant Quality 40). Softer demand indicators apply a discount to baseline.
Alcoutim e Pereiro, Alcoutim, Faro
Area baseline €141,360 + condition +€6,175 + location -€6,785 = modelled fair value of €140,750 (€1,852/m²), a €224,250 (61.4%) gap versus the €365,000 asking price.
Buy-and-hold This 3-bed apartment is overpriced at €365,000, significantly above its fair value of €140,750, indicating a 61.4% gap that undermines its potential as a long-term investment. Given the area's limited economic activity and low population density, holding this property could result in stagnant returns and an extended waiting period for value appreciation. Not ideal for: The luxury market is an unsustainable target for this property due to its location and neighborhood rating of 38/100, which diminishes appeal to affluent buyers. Similarly, student housing and short-term vacation rentals are unlikely to succeed here, given the agricultural focus and limited amenities contributing to a lack of tenant quality.
High Tenant Turnover Risk The low tenant stability score of 40/100 suggests a higher likelihood of tenant turnover, potentially leading to increased vacancy rates and loss of rental income.
