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 apartment of 63 m², built in 1951. Located on rua Costa Goodolfim S / N, Monchique parish, Monchique municipality, Faro district. Noteworthy Features: The property offers pre-installation for air conditioning and underfloor heating, ensuring year-round comfort in the heart of Monchique's vibrant community.
The valuation. The asking price of €195,000 is €13,537 (6.5%) below the fair value of €208,537, placing it within a reasonable range for potential investors. Overall, the property is positioned fairly in the current market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Costa Goodolfim S / N | Subject | €195,000 | €3,095 | — | — | 63 |
| rua de São Sebastião | Active | €250,000 | €3,049 | 1.5% | 70 | 69 |
| Monchique · 938796 | Active | €235,000 | €2,938 | 5.1% | 62 | 70 |
| Monchique · 6c7981 | Active | €185,000 | €3,700 | 19.5% | 60 | 63 |
| Monchique · 261fa4 | Active | €440,000 | €2,933 | 5.2% | 64 | 53 |
| Median comp | €242,500 | €2,994 | 3.3% | 63 | 66 |
Short-term vacation rental The 2-bed apartment in Monchique presents a fair investment opportunity with a slight valuation gap of 6.5% against its fair value of €208,537. However, the 0% gross yield and poor condition (0/100) suggest that it may not generate immediate income from short-term rentals. Buy-and-hold The property in Monchique, although aligned with the fair market value, does not currently offer a strong yield, remaining at 0%. The overall condition (0/100) and neighborhood quality (63/100) indicate potential challenges in achieving long-term appreciation in value. Long-term rental Investing in this Monchique apartment for long-term rental may not be optimal as the current yield stands at 0%. Furthermore, despite the fair pricing, the property’s poor condition (0/100) could hinder its attractiveness to prospective long-term tenants.
Economic Vulnerability The property's economic stability score of 55/100 indicates a moderate risk of economic downturns affecting tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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