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.
2-bedroom, 1-bathroom country_house of 80 m². Located Monchique parish, Monchique municipality, Faro district. The flat garden with mature fruit trees offers abundant opportunities for home cultivation, while the traditional pre-1951 design adds character and historical charm to the living space.
The valuation. The asking price of €235,000 exceeds the fair value of €135,099 by €99,901, reflecting a 42.5% overvaluation. This indicates that the property is priced significantly above its market worth.
Fair value modelled at €135,099 from the area baseline, adjusted for condition and location. Asking €235,000 sits €99,901 (42.5%) above — overpriced versus fair value.
Asking €235,000 versus the Monchique, Monchique, Faro area baseline of €131,840 (€1,648/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 62 · Materials 68 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Monchique, Monchique, Faro
Area baseline €131,840 + condition -€13,250 + location +€10,989 = modelled fair value of €135,099 (€1,689/m²), a €99,901 (42.5%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monchique · 938796 | Subject | €235,000 | €2,938 | — | 62 | 70 |
| Monchique · 261fa4 | Active | €440,000 | €2,933 | 0.1% | 64 | 53 |
| rua de São Sebastião | Active | €235,000 | €4,123 | 40.4% | 74 | 60 |
| rua do Doutor Samora Gil, 26 | Active | €250,000 | €3,571 | 21.6% | 80 | 63 |
| rua do Doutor Samora Gil, 26 | Active | €250,000 | €3,571 | 21.6% | 80 | 63 |
| Median comp | €250,000 | €3,571 | 21.6% | 77 | 62 |
Short-term vacation rental This property is overpriced, as it does not present a compelling investment given the fair value of €135,099 compared to the listing price of €235,000, resulting in a significant gap of 42.5%. With a gross yield of 0%, the potential for seasonal rental income in Monchique is overshadowed by the high entry cost. Long-term rental The valuation indicates that this property is overpriced, as the fair value substantially differs from the asking price, making it an unlikely candidate for stable long-term rental returns. Given the current condition score of 64 and the overall market dynamics in the Algarve, securing reliable tenants may prove challenging. Buy-and-hold As it stands, this investment is overpriced, with the current market listing far exceeding its fair value, thus presenting potential risks for long-term appreciation. Despite the attractive location in Monchique, the acquisition cost undermines the strategy's viability, leading to uncertainty regarding future value growth.
Economic vulnerability The property's Economic stability score of 65 suggests potential exposure to market fluctuations and economic downturns, which could affect rental income stability 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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