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.
0-bedroom, 2-bathroom house of 240 m², energy rating E. Located Moncarapacho e Fuseta parish, Olhão municipality, Faro district. Noteworthy Features: The property includes a spacious 4,040 m² plot with varied greenery and a rooftop terrace providing stunning views of the Ria Formosa and Armona Island.
The valuation. The asking price of €650,000 is significantly above the fair value of €448,630, representing an overpriced condition of €201,370 (31.0%). This price discrepancy suggests caution for potential investors.
Fair value modelled at €448,630 from the area baseline, adjusted for condition and location. Asking €650,000 sits €201,370 (31.0%) above — overpriced versus fair value.
Asking €650,000 versus the Moncarapacho e Fuseta, Olhão, Faro area baseline of €446,400 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 68 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Moncarapacho e Fuseta, Olhão, Faro
Area baseline €446,400 + condition -€28,125 + location +€30,355 = modelled fair value of €448,630 (€1,869/m²), a €201,370 (31.0%) gap versus the €650,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Moncarapacho e Fuseta · 6fbdc3 | Subject | €650,000 | €2,708 | — | 70 | 67 |
| Moncarapacho e Fuseta · b45349 | Active | €475,000 | €6,985 | 157.9% | 73 | 61 |
| Moncarapacho e Fuseta · dbd46a | Active | €420,000 | €2,692 | 0.6% | 65 | 67 |
| jardim Pechão | Active | €550,000 | €6,875 | 153.8% | 72 | 64 |
| Moncarapacho e Fuseta · dbd469 | Active | €495,000 | €4,420 | 63.2% | 58 | 55 |
| Median comp | €485,000 | €5,648 | 108.5% | 69 | 63 |
Short-term vacation rental This property, with a gross yield of 3.2%, is not positioned to capitalize on the high demand for short-term rentals in Algarve, especially given its overpriced status of €650,000 compared to a fair value of €448,630. Despite its proximity to tourist areas, the price gap of 31.0% limits its potential to generate viable rental income. Long-term rental With an assessed fair value significantly lower than the asking price, this property struggles to justify attractive long-term rental prospects at €650,000. The condition rating of 68/100 points to necessary improvements that could further erode profitability in this overpriced market segment. Family rental While the neighborhood offers basic amenities and a stable environment attractive to families, the inflated price precludes this property from being an appealing option for family rentals. The 31.0% gap against fair market value suggests it may not provide the necessary value for larger household needs within the current rental climate.
Economic and Tenant Instability The combined scores of 65 for both economic and tenant stability suggest a moderate risk, indicating potential vulnerability to economic downturns and fluctuating occupancy rates, which could be detrimental to investment returns.
