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.
1-bedroom, 1-bathroom country_house of 80 m², energy rating B. Located Marmelete parish, Monchique municipality, Faro district. Noteworthy Features: The property includes a high-quality, spacious caravan that is fully equipped, ideal for additional accommodation or tourist rental, all set amidst 5,020 m² of serene land.
The valuation. The asking price of €410,000 is significantly above the fair value of €256,510, representing an excess of €153,490 (37.4%). This property is overpriced for its current market conditions.
Fair value modelled at €256,510 from the area baseline, adjusted for condition and location. Asking €410,000 sits €153,490 (37.4%) above — overpriced versus fair value.
Asking €410,000 versus the Marmelete, Monchique, Faro area baseline of €124,800 (€1,560/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 73 · Materials 80 · Room dimensions 72). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 80 · Amenities 70 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Marmelete, Monchique, Faro
Area baseline €124,800 + condition +€250 + location +€18,100 = modelled fair value of €256,510 (€3,206/m²), a €153,490 (37.4%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Marmelete · 28b7c1 | Subject | €410,000 | €5,125 | — | 73 | 69 |
| Aljezur · 02391a | Active | €575,000 | €4,873 | 4.9% | 76 | 69 |
| rua de São Sebastião | Active | €235,000 | €4,123 | 19.6% | 74 | 60 |
| Portimão · 0dcc98 | Active | €1,480,000 | €11,473 | 123.9% | 78 | 72 |
| rua do Doutor Samora Gil, 26 | Active | €250,000 | €3,571 | 30.3% | 80 | 63 |
| Median comp | €412,500 | €4,498 | 12.2% | 77 | 66 |
Short-term vacation rental The property in Marmelete is overpriced at €410,000, significantly above its fair value of €256,510. Given the lack of yield and the average rental conditions in the area, it is unlikely to be a viable investment for short-term vacation rentals. Buy-and-hold Investing in this 1-bed country house as a buy-and-hold strategy is not advisable due to its current valuation being 37.4% above fair value. The area's seasonal tourism may not support long-term growth enough to justify the inflated price. Value-add renovation While value-add renovation strategies typically seek to enhance property value, this particular property is overpriced by 37.4%. The existing renovation condition rating of 75/100 does not sufficiently compensate for the elevated acquisition price in the current market context.
Economic Vulnerability The economic stability score of 55 indicates a potential vulnerability to economic downturns, which could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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