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.
3-bedroom, 2-bathroom house of 99 m², energy rating E. Located on urbanização Carreirinha das Moças, Monchique parish, Monchique municipality, Faro district. Noteworthy Features: The property includes a closed garage and a generous 1000 m² plot, offering ample space for outdoor activities or future expansion opportunities.
The valuation. The asking price of €270,000 is significantly lower than the fair value of €359,936, indicating the property is subpriced by €89,936 (25.0%). This presents a compelling opportunity for investment.
Fair value modelled at €359,936 from 6 comparable sales in the area. Asking €270,000 sits €89,936 (25.0%) below — the upside to fair value.
Asking €270,000 versus the urbanização Carreirinha das Moças area baseline of €342,367 (€3,458/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 56/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €342,367, adjusted for condition and micro-location, gives a modelled fair value of €359,936 (€3,636/m²), a €89,936 (25.0%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| urbanização Carreirinha das Moças | Subject | €270,000 | €2,727 | — | 58 | 50 |
| Monchique · 261fa4 | Active | €440,000 | €2,933 | 7.6% | 64 | 53 |
| Monchique · 938796 | Active | €235,000 | €2,938 | 7.7% | 62 | 70 |
| Monchique · 6c7981 | Active | €185,000 | €3,700 | 35.7% | 60 | 63 |
| Monchique · 261fe6 | Active | €380,000 | €5,846 | 114.4% | — | 62 |
| Median comp | €307,500 | €3,319 | 21.7% | 62 | 63 |
Short-term vacation rental This property presents a strong opportunity for short-term vacation rental investments, given its competitive pricing at €270,000 compared to a fair value of €359,936, indicating a 25% undervaluation. The seasonal tourism influx in rural Algarve further enhances its appeal, providing the potential for attractive rental income. Buy-and-hold As a buy-and-hold investment, the property is well-positioned due to its current listing of €270,000, significantly below the fair valuation of €359,936, showcasing a 25% gap favoring long-term appreciation. The rural charm combined with improving neighborhood conditions makes it a promising option for future value growth, despite the absence of immediate yield. Not ideal for student housing The property is not suitable for student housing, primarily due to its rural location in Monchique, which lacks the necessary amenities and proximity to educational institutions. The weak tenant profile in the neighborhood further diminishes its attractiveness for this strategy. Not ideal for luxury market Entering the luxury market is questionable for this property, as it does not align with the expectations typically associated with high-end clientele in terms of location or condition. With a moderate condition rating of 56/100, it is unlikely to attract luxury investors looking for premium offerings.
Tenant volatility risk The low tenant stability score of 45/100 indicates a high likelihood of tenant turnover, which can lead to increased vacancy rates and decreased 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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