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.
4-bedroom, 3-bathroom house of 197 m², built in 1937, energy rating D. Located on rua de Alámo, Alcoutim e Pereiro parish, Alcoutim municipality, Faro district. Noteworthy Features: This villa offers a unique configuration allowing for independent use of two self-contained T2 apartments, enhancing its investment potential and flexibility for various living arrangements.
The valuation. The asking price of €335,000 is slightly below the fair value of €336,738, coming in at just €1,738 (0.5%) underpriced. This positioning suggests a favorable opportunity for investors seeking potential appreciation. Buy-to-flip angle. The resale strategy could capitalize on cosmetic improvements to elevate market appeal, driving potential buyers toward this property in the growing rural Algarve tourism sector. Simple upgrades could enhance resale value and profitability. Buy-to-let angle. With a strategy focused on long-term rental, the expected rental income from this property could effectively cater to local agricultural workers or tourists, although currently projected gross yield sits at 0%. With improvements, it could turn profitable.
Fair value modelled at €336,738 from the area baseline, adjusted for condition and location. Asking €335,000 sits €1,738 (0.5%) below — the upside to fair value.
Asking €335,000 versus the rua de Alámo area baseline of €366,420 (€1,860/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 60 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 56/100 (Housing Market 50 · Amenities 55 · Economic 45 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua de Alámo
Area baseline €366,420 + condition -€38,477 + location +€8,794 = modelled fair value of €336,738 (€1,709/m²), a €1,738 (0.5%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Alámo | Subject | €335,000 | €1,701 | — | 60 | 56 |
| Alcoutim e Pereiro · 49b84c | Active | €335,000 | €1,701 | 0% | 62 | 40 |
| Castro Marim · 99f212 | Active | €620,000 | €2,818 | 65.7% | 75 | 49 |
| Alcoutim e Pereiro · 4a7cff | Active | €265,000 | €1,743 | 2.5% | 70 | 46 |
| travessa Primeiro de Maio, 2 | Active | €445,000 | €843 | 50.4% | 75 | 57 |
| Median comp | €390,000 | €1,722 | 1.3% | 73 | 48 |
Buy-and-hold The property in Alcoutim e Pereiro is currently priced at €335,000, just 0.5% below its fair value of €336,738, indicating a minor pricing efficiency. Given the rural Algarve focus and potential for agricultural or small-scale tourism, a buy-and-hold strategy could yield appreciation over time as local demand strengthens. Long-term rental With a condition score of 63/100 and a neighborhood rating of 56/100, this property can attract stable long-term tenants looking for more affordable housing options in the region. Although the gross yield is currently 0%, the potential for consistent occupancy may improve with local market trends aligned to long-term rental demand.
Low Economic Stability Risk The property faces potential income volatility due to a low economic stability score of 45/100, indicating a less favorable economic environment.
