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, 2-bathroom house of 70 m², energy rating C. Located Moncarapacho e Fuseta parish, Olhão municipality, Faro district. Noteworthy Features: This house boasts a charming backyard with a small pool, ideal for entertaining and enhancing outdoor living experiences year-round in the Algarve climate.
The valuation. The asking price of €289,000 is significantly above the fair value of €144,679, making the property overpriced by €144,321, or 49.9%. This discrepancy suggests caution for prospective buyers. Buy-to-flip angle. The property could be renovated to enhance its appeal, aiming for a quick resale at a higher price to leverage the tourism-driven market in the Algarve. Buy-to-let angle. With an estimated gross yield of 3.1% at €747 per month, the rental strategy could be positioned toward short-term vacation rentals to maximize income in a tourist-friendly location.
Fair value modelled at €144,679 from the area baseline, adjusted for condition and location. Asking €289,000 sits €144,321 (49.9%) above — overpriced versus fair value.
Asking €289,000 versus the Moncarapacho e Fuseta, Olhão, Faro area baseline of €207,340 (€2,962/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 85 · Materials 83 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Moncarapacho e Fuseta, Olhão, Faro
Area baseline €207,340 + condition +€8,750 + location +€5,729 = modelled fair value of €144,679 (€2,067/m²), a €144,321 (49.9%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Moncarapacho e Fuseta · 9113e9 | Subject | €289,000 | €4,129 | — | 85 | 61 |
| Moncarapacho e Fuseta · 001825 | Active | €595,000 | €3,650 | 11.6% | 78 | 63 |
| Moncarapacho e Fuseta · b7b7fd | Active | €595,000 | €3,420 | 17.2% | 75 | 59 |
| Quelfes · 82c724 | Active | €480,000 | €4,364 | 5.7% | 73 | 56 |
| Moncarapacho e Fuseta · 4201d2 | Active | €990,000 | €2,912 | 29.5% | 72 | 54 |
| Median comp | €595,000 | €3,535 | 14.4% | 74 | 58 |
Short-term vacation rental The property is priced 49.9% above its fair value, making it a poor candidate for a short-term vacation rental strategy. With a gross yield of only 3.1%, the potential returns do not justify the high investment. Buy-and-hold Given the significant gap between the listing price and fair value, this buy-and-hold strategy may not be sustainable over the long term. The lower tenant quality and average neighborhood rating of 61/100 further reinforce the concern of long-term value retention. Value-add renovation While renovation can potentially increase property value, the current price suggests that significant appreciation would still fall short of justifying its initial cost. Investing in this property with an overpriced tag diminishes the viability of realizing enhanced value through renovations.
Economic and tenant stability risk The property is at risk due to both economic stability and tenant stability scores being at a low 60/100, indicating potential instability in rental income and occupancy.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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