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 250 m², energy rating E. Located on rua Pereiro, 1, Moncarapacho e Fuseta parish, Olhão municipality, Faro district. Noteworthy Features: The property includes a borehole for irrigation, enhancing the lush garden’s sustainability while ensuring ample water supply for outdoor spaces. Location Benefits: Easy access to local services, beaches, and cultural attractions.
The valuation. The asking price of €499,000 is significantly above fair value, which is estimated at €205,511. With a discrepancy of €293,489 (58.8%), the property is notably overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pereiro, 1 | Subject | €499,000 | €1,996 | — | — | 68 |
| Moncarapacho e Fuseta · 96c413 | Active | €850,000 | €5,782 | 189.7% | 65 | 67 |
| Moncarapacho e Fuseta · 2620a5 | Active | €360,000 | €3,103 | 55.5% | 66 | 64 |
| Moncarapacho e Fuseta · dbd469 | Active | €495,000 | €4,420 | 121.4% | 58 | 55 |
| Moncarapacho e Fuseta · b7b7fd | Active | €595,000 | €3,420 | 71.3% | 75 | 59 |
| Median comp | €545,000 | €3,920 | 96.4% | 66 | 62 |
Short-term vacation rental The property’s current listing price exceeds fair value by 58.8%, making it overpriced for the short-term rental market despite the Algarve's popularity as a tourist destination. Additionally, with a gross yield of only 3.9%, it may struggle to generate the desired returns when competing with better-priced alternatives. Long-term rental At a listing price of €499,000, this property is significantly above fair value, suggesting it is overpriced for the long-term rental segment. The low yield of 3.9% indicates that potential monthly income does not justify the investment, particularly in a market where tenants may seek more affordable options. Buy-and-hold The house is overpriced, with a valuation gap of 58.8% compared to its fair value, indicating poor potential for capital appreciation over time. Furthermore, the property's condition rating of 0/100 suggests that significant investment would be needed to make it livable, further complicating a buy-and-hold investment strategy.
Tenant turnover risk With a tenant stability score of 70/100, there is a notable risk of higher turnover, which could lead to increased vacancy rates and a potential loss of rental income.
