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.
10-bedroom, 6-bathroom house of 274 m², built in 1981. Located Moncarapacho e Fuseta parish, Olhão municipality, Faro district. Noteworthy Feature: The property boasts a generous 875 m² lot, featuring a water well, tank, and various fruit trees, enhancing its appeal for outdoor activities and potential gardening. Investment Detail: Currently generates €4,150/month in rental income, reflecting strong monthly yield prospects.
The valuation. The asking price of €1,390,000 is significantly higher than the fair value of €483,992, exceeding it by €906,008 (65.2%). Verdict: overpriced. Buy-to-flip angle. The resale strategy would involve purchasing the property at a lower price but, given its current overvaluation, flipping may not yield a profit. Buy-to-let angle. With a gross yield of 0% and estimated rental income not covering costs, the rental income strategy presents significant financial risks.
Fair value modelled at €483,992 from the area baseline, adjusted for condition and location. Asking €1,390,000 sits €906,008 (65.2%) above — overpriced versus fair value.
Asking €1,390,000 versus the Moncarapacho e Fuseta, Olhão, Faro area baseline of €509,640 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 68 · Materials 70 · Room dimensions 63). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 60 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Moncarapacho e Fuseta, Olhão, Faro
Area baseline €509,640 + condition -€41,956 + location +€16,308 = modelled fair value of €483,992 (€1,766/m²), a €906,008 (65.2%) gap versus the €1,390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Moncarapacho e Fuseta · 2620c7 | Subject | €1,390,000 | €5,073 | — | 68 | 58 |
| Moncarapacho e Fuseta · 65a66d | Active | €1,100,000 | €3,438 | 32.2% | 76 | 60 |
| Moncarapacho e Fuseta · 388d3b | Active | €485,900 | €2,271 | 55.2% | 72 | 70 |
| rua Francisco Emílio Batista, 25 | Active | €795,000 | €2,650 | 47.8% | 80 | 71 |
| Moncarapacho e Fuseta · 4a8040 | Active | €1,200,000 | €4,348 | 14.3% | 78 | 63 |
| Median comp | €947,500 | €3,044 | 40.0% | 77 | 67 |
Long-term rental The investment potential for long-term rental in Moncarapacho e Fuseta is severely compromised by the property's listing price of €1,390,000, which is significantly above the fair value of €483,992, resulting in a 65.2% gap. With a gross yield of 0%, this investment poses no financial return, making it unattractive for long-term rental strategies. Short-term vacation rental Despite the area's appeal as a tourist destination near the Algarve coast, the property is overpriced at €1,390,000 compared to a fair value of €483,992, leading to a concerning 65.2% discrepancy. Given its 0% yield and average condition rating of 65/100, pursuing a short-term vacation rental strategy would likely yield disappointing financial results. Buy-and-hold The buy-and-hold strategy for this property is questionable, with a listing price of €1,390,000 far exceeding the fair value of €483,992 and a significant 65.2% valuation gap. When factoring in the 0% yield and subpar neighborhood rating of 58/100, the long-term growth potential does not justify the current asking price.
Economic Vulnerability With an economic stability score of 50/100, this property faces risks due to potential economic downturns that could impact tenant demand and rental income.