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.
0-bedroom, 0-bathroom apartment_building of 60 m², built in 1951. Located Monchique parish, Monchique municipality, Faro district. Property Features: This semi-detached granite stone ruin offers remarkable potential for a unique rehabilitation project, nestled amidst scenic mountain landscapes with unobstructed views of the sea. Location Highlights: The property is positioned just two minutes away from the vibrant village of Monchique, ensuring easy access to essential services and local gastronomy.
The valuation. There are not enough comparable sales in this area yet to establish a reliable fair-value estimate.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Monchique · 9dde8a | Subject | €98,000 | €1,633 | — | — | 73 |
| rua do Porto Fundo | Active | €280,000 | €2,353 | 44.1% | 73 | 64 |
| herdade Monchique | Active | €180,000 | €2,571 | 57.4% | — | 63 |
| Monchique · 0dcc34 | Active | €150,000 | €1,339 | 18.0% | — | 63 |
| Monchique · 261fe6 | Active | €380,000 | €5,846 | 257.9% | — | 62 |
| Median comp | €230,000 | €2,462 | 50.7% | 73 | 63 |
Long-term rental This property offers a strategic opportunity for long-term rental investments, especially given the favorable neighborhood rating of 73/100. The demand for stable housing options in the Algarve, combined with its proximity to Albufeira, suggests potential for consistent occupancy and rental income over time. Short-term vacation rental Positioned in a prime tourist area, this property can capitalize on the thriving short-term vacation rental market in the Algarve region. With numerous amenities nearby and a promising neighborhood quality, it could attract a diverse range of tourists throughout the year. Family rental The spacious layout and advantageous location make this property suitable for families seeking long-term rental options. The neighborhood's quality suggests a welcoming community, potentially enhancing tenant retention and appeal for longer leases.
Economic Volatility Risk The economic stability score of 65 suggests potential fluctuations that could impact ROI, while a tenant stability score of 70 indicates moderate risks of tenant turnover affecting cash flow.
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Not enough comparable sales in this area to confidently estimate a fair value.
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