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, 2-bathroom house of 145 m². Located on estrada de Alcatrão, Ameixial parish, Loulé municipality, Faro district. The property features a substantial 2.5-hectare plot with mature fruit trees and cork oaks, providing excellent opportunities for agricultural use or private enjoyment of nature.
The valuation. The asking price of €295,000 is significantly below the fair value of €470,824, presenting an opportunity with a difference of €175,824 (59.6%). This property is firmly positioned as underpriced.
Fair value modelled at €470,824 from the area baseline, adjusted for condition and location. Asking €295,000 sits €175,824 (59.6%) below — the upside to fair value.
Asking €295,000 versus the estrada de Alcatrão area baseline of €521,565 (€3,597/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 (Condition 42 · Materials 58 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 50 · Amenities 60 · Economic 45 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
estrada de Alcatrão
Area baseline €521,565 + condition -€61,172 + location +€10,431 = modelled fair value of €470,824 (€3,247/m²), a €175,824 (59.6%) gap versus the €295,000 asking price.
Short-term vacation rental This property is positioned well for short-term vacation rentals given its proximity to tourist attractions in rural Algarve, despite the estimated fair value being 59.6% higher than the current listing price of €295,000. With a fair value of €470,824, the property could potentially yield strong rental income once improved. Buy-and-hold Investing in this property presents a lucrative buy-and-hold opportunity as it is priced significantly below fair market value, suggesting substantial potential appreciation over time. The current condition of 48/100 and neighborhood score of 55/100 indicate areas for improvement, which can enhance long-term value. Family rental As a family rental, the property offers a competitive edge at its current price, allowing for a strategic entry into the rural Algarve housing market. The combination of its location near tourist areas and the opportunity for renovation aligns well with securing stable, long-term tenants.
Economic Vulnerability The low economic stability score of 45/100 suggests a higher risk of adverse market conditions impacting rental income.