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 house of 93 m², energy rating A. Located Alcoutim e Pereiro parish, Alcoutim municipality, Faro district. Noteworthy Features: The property boasts proximity to historic attractions, including a castle and riverside leisure areas, enhancing its charm and accessibility for residents seeking a vibrant community experience.
The valuation. The asking price of €365,000 sits significantly above the fair value of €185,262, representing an overpricing of €179,738, or 49.2%. This property is categorized as overpriced in the current market context.
Fair value modelled at €185,262 from the area baseline, adjusted for condition and location. Asking €365,000 sits €179,738 (49.2%) above — overpriced versus fair value.
Asking €365,000 versus the Alcoutim e Pereiro, Alcoutim, Faro area baseline of €172,980 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 78 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 52/100 (Housing Market 50 · Amenities 50 · Economic 40 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Alcoutim e Pereiro, Alcoutim, Faro
Area baseline €172,980 + condition +€10,898 + location +€1,384 = modelled fair value of €185,262 (€1,992/m²), a €179,738 (49.2%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Alcoutim e Pereiro · 6fbd9a | Subject | €365,000 | €3,925 | — | 78 | 52 |
| Alcoutim e Pereiro · 6fbd9f | Active | €385,000 | €4,231 | 7.8% | 78 | 48 |
| Alcoutim e Pereiro · 735482 | Active | €365,000 | €4,803 | 22.4% | 78 | 38 |
| Alcoutim e Pereiro · 389e65 | Active | €360,000 | €4,138 | 5.4% | — | 36 |
| Alcoutim e Pereiro · 735486 | Active | €385,000 | €4,231 | 7.8% | 78 | 47 |
| Median comp | €375,000 | €4,231 | 7.8% | 78 | 43 |
Long-term rental The property is significantly overpriced at €365,000, compared to the fair value of €185,262, resulting in a gap of 49.2%. The potential yield is 0% gross, making it an unfavorable investment for long-term rental in a rural area with limited economic and educational infrastructure. Value-add renovation Investing in a value-add renovation strategy is challenging when the property exceeds fair value by 49.2%, priced at €365,000 against a fair valuation of €185,262. Given the lack of significant neighborhood amenities and tenant quality, the potential return on investment may not justify the high initial outlay for renovation efforts.
Economic Vulnerability The low economic stability score of 40/100 indicates a high risk of fluctuations in property value and rental income.